H&M

Retail

H&M Records 20 Percent Sales Increase in Second Quarter; to Focus on India this Autumn

IMAGES Retail Bureau - June 19, 2014

Swedish apparel retailer Hennes & Mauritz has recorded a 20 percent sales increase for the second quarter ended May 31, 2014. The H&M Group’s sales including VAT increased in local currencies by 16 percent during the quarter from March...

Retail

Sears welcomes veteran retail specialist

Indiaretailing Bureau - July 26, 2011

Sears Canada Inc., the 196-store department store network fighting the GAP, H&M, Zara and many others for market share, has named veteran U.S. retail specialist Steven Goldsmith as executive vice-president of merchandising, apparel and accessories. "He has a broad...

Retail

H&M same-store sales sag amid weak European sentiment

Indiaretailing Bureau - July 15, 2011

Swedish budget fashion giant Hennes & Mauritz posted a 4 per cent drop in sales in local currencies at established stores in June, in line with market expectations amid weak European consumer sentiment. Analysts had expected a 4.3 per...

Retail

Global fashion brands eye pacts with retailers for entry into India

Indiaretailing Bureau - June 30, 2011

The coming months could see a slew of high-end global fashion brands entering the $4.6 billion (around R20,700 crore) Indian luxury market, through partnerships with domestic retailers like Reliance Brands, DLF Retail Brands and others. According to industry sources,...

Retail

Uniqlo focuses on digital, WOM

Indiaretailing Bureau - June 28, 2011

Fast Retailing, owner of fast-fashion chain Uniqlo, is aiming to use a unique philosophy, digital media and word of mouth to fuel growth around the world."People buy suits about once or twice a year, which represents low turnover, while...

Retail

H&M UK sales rise but group profits decline

Indiaretailing Bureau - June 23, 2011

Fashion retailer H&M’s UK operation was one of the company’s star performers in the first half of its financial year, but higher cotton prices and other inflationary pressures meant group profits declined year-on-year. Sales in the UK between December 1st...

Retail

Inditex closes in on top spot

Indiaretailing Bureau - June 22, 2011

Inditex, owner of the Zara fashion chain, is on the brink of overtaking Sweden’s Hennes & Mauritz to become the world’s most valuable listed fashion retailer, highlighting the companies’ divergent performance over recent months.The Spanish retailer’s market capitalisation briefly...

Retail

DLF strikes licensing deal with Mango

Indiaretailing Bureau - April 18, 2011

Real estate giant DLF Ltd is ramping up presence in the fashion retail industry after striking a licensing deal with Spanish brand Mango. This comes at a time when DLF Brands, which is a subsidiary of DLF Ltd, has...

Beauty & Wellness

Clinique appointed new brand manager for Middle East and India

Indiaretailing Bureau - March 15, 2011

UK based beauty company, Estée Lauder Cos. Inc. has appointed Shahrzad (Shari) Jafari as Clinique brand manager for the Middle East and India.She was previously the regional sales manager for the brand and has been with Estée Lauder for...

Retail

World’s largest H&M store to open in Vegas

Indiaretailing Bureau - December 10, 2010

The largest H&M store in the world is scheduled to open on Saturday in The Forum Shops at Caesars in Las Vegas, USA.The Swedish clothing retailer will open its doors in the recently closed FAO Schwarz location at the...

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