H&M

H&M plans to open a store in Panama before the end of the year: it will be the first country in Central America to welcome the Swedish fashion giant.

Days after Tesco stopped the production of Christmas cards that were revealed to be made by Chinese forced labourers, H&M will now investigate whether there is forced labour by Chinese prisoners in its supply chain. The accusations come from former journalist Peter Humphrey, who was locked up in such a prison for almost two years.

Swedish fashion retailer H&M managed to increase its revenue by 9 % in the fourth quarter of its financial year. The strong investments that have been made in recent years, in order to adapt to the changing market, seem to be bearing fruit.

Australians are buying fewer Christmas gifts this year, and opting for more useful and inclusive gifts. Here, too, 'more sustainable' gifts for the end of the year period are a growing trend, because things have reached their peak.

In the spring of 2020, Swedish fashion brand H&M is opening its first home decoration store in Belgium. The new store will sell products of H&M's own private label, but also products by other brands.

The Swedish H&M chain is opening a store with a new concept in Berlin: a local hub, offering yoga and local brands. Moreover, the store also offers second-hand clothing from other brands and has a clothing borrowing service.

Yesterday, H&M Group announced that their budget fashion chain, H&M, which represents the majority of Group sales, will trial selling external brands and products. A major change of strategy.