H&M news and archive

H&M Foundation donates 250,000 dollars in wake of Cyclone Mocha

H&M Foundation, the philanthropic arm of H&M Group, has announced it is to donate 250,000 dollars to the Red Cross/Red Crescent to support their efforts in responding to Cyclone Mocha. The cyclone, considered the strongest in the last 10 years, descended along the Bangladesh-Myanmar border on May 14, bringing significant damage to both countries...

Fashion Featured

The Fashion Pact faces key departures as H&M assumes leading role

The Fashion Pact, an initiative launched four years ago with the aim of driving environmental change in the fashion industry, is now grappling with the departure of several influential members, coinciding with H&M's ascension to a prominent position within the coalition. Renowned luxury retailers Hermès and Selfridges have recently withdrawn...

Retail |SHOPTALK EUROPE Featured

Shoptalk Europe: 'H&M will no longer just be a fashion company but also a data company'

"H&M will move from being a fashion company to becoming a data company" and this seems to be the direction retail is moving in, heavily shaped by the introduction of artificial intelligence (AI) into the sector, Alan Boehme, CTO of H&M, explained as part of talks taking place in Barcelona during Shoptalk Europe. His advice to the industry: Data...

Fashion

H&M and Mugler celebrate collection launch in New York

Ahead of their collaborative collection launch, H&M and Mugler celebrated the anticipated capsule with a celebrity-clad event in New York city. Among the festivities and alongside a runway show, there were performances by Shygirl, Amaarae and Eartheater, all of whom starred in a music video made for the collection and were sporting exclusive...

BusinessFeatured

H&M to merge Weekday and Monki to create new ‘youth destination’

The H&M Group has announced that two of its portfolio brands, Weekday and Monki, will be merging as part of its efforts to cater more broadly to the needs of young consumers. Coinciding with the move, the company will also be reviving its denim label Cheap Monday, which was discontinued in 2019 due to declining sales. Now, the brand will be...

Business

Harlem’s Fashion Row hosts second Sustainability Forum, H&M becomes titular sponsor

Now in its second edition, Harlem’s Fashion Row (HFR) hosted its annual Sustainability Forum on April 19, continuing its efforts to promote diversity and inclusion in the move towards a sustainable future for fashion. The event was now sponsored by H&M, which took on the role in order to further affirm its commitment to “equity and inclusion...

Fashion |Beauty

H&M Beauty is launching a Gen Z skincare and bodycare range

H&M Beauty is launching an exclusive collection of 10 everyday vegan essentials for Gen Z consumers, from a frictionless razor to a body moisturiser, with prices starting at 2.99 pounds. The brand is called OHH! (Oh Hey Hero) and has been designed to offer “an honest and modest curation of products that make life a little easier and whole lot...

Business

H&M launches sportswear collection with LanzaTech

H&M has unveiled a new sportswear collection incorporating LanzaTech’s carbon emission capturing technology. The organisation’s CarbonSmart polyester has been implemented into three garments – a jumpsuit, top and pair of tights – for the retailer’s H&M Move line, each of which are partly made from the material with an additional DryMove finish....

Fashion

Mugler x H&M collection

The Mugler H&M collection encapsulates the very essence of the house of Mugler – it is a tribute to freedom and self-expression. It offers shoppers the chance to own a piece of fashion history - whether one of the unmistakable new hits from Mugler’s recent collections, by creative director Casey Cadwallader, or an exclusive 80s and 90s archive...

Fashion |In Pictures Featured

All the looks from the Mugler H&M collection

Swedish fashion retailer H&M has released all the looks from its upcoming collaboration with French luxury house Mugler, which launches on May 11. The designer collaboration was first announced in February, confirming that Mugler would follow in the footsteps of Versace, Moschino, Balmain and Giambattista Valli to offer its signature style at a...

Retail

H&M to open first beauty flagships in Oslo

H&M is banking on beauty for its next investment venture, revealing that it is set to open its first H&M Beauty flagship stores in Oslo, Norway. It comes as the fast fashion retailer continues to build up its presence in this sector, a strategy that it said it has been actively working on over the past few years. The new stores aim to further...

BusinessFeatured

H&M posts Q1 profit, sales increase by 12 percent

In the first quarter the H&M group’s net sales in SEK increased by 12 percent to 54,872 million Swedish krona. In local currencies the increase was 3 percent. Excluding Russia, Belarus and Ukraine, the company said, the increase was 16 percent in SEK and 7 percent in local currencies. Operating profit amounted to 725 million Swedish krona...