France targets Shein and Temu with fast fashion fines Published 01 Sep, 2026 11:15am Shein’s product selection included more than 2 million items as of March 31 this year
Iran war hits Asia's polyester suppliers to global fast fashion Published 24 Apr, 2026 11:31am Filatex, one of India’s biggest polyester yarn producers, is paying nearly 30% more for the petroleum-derived feedstocks
European retailers warn of price shock, weaker demand from prolonged Middle East conflict Published 27 Mar, 2026 08:15am STOCKHOLM/LONDON: Europe’s retailers warned on Thursday that a prolonged Middle East conflict could push up sticker...
H&M to open its first store in Azerbaijan this year Published 05 Feb, 2026 03:09pm H&M has previously announced the opening of its first stores in Paraguay and Malta during 2026
India’s textile exporters pin hopes on EU deal after US tariff blow Published 29 Jan, 2026 12:48pm Under the pact, which will be implemented in about a year, the EU will immediately remove duties on 90% of Indian goods
India’s higher tax on clothing threatens setback for global fashion brands Published 04 Sep, 2025 06:54pm NEW DELHI: India’s overhaul of consumer tax stands to make everything from soaps to luxury SUVs cheaper, but global...
H&M first-quarter sales weaker than expected Published 27 Mar, 2025 12:46pm LONDON: Swedish fast-fashion retailer H&M reported weaker than expected sales for its first quarter on Thursday...
Indian designer Anamika Khanna to be H&M’s next collaboration Published 08 Aug, 2024 06:26pm Indian designer Anamika Khanna is set to be the next collaboration with Swedish brand H&M, according to an...
Fashion retailer H&M surprises with spring recovery Published 29 Mar, 2024 04:44am STOCKHOLM: H&M, the world’s second-largest listed fashion retailer, reported a stronger than expected...
Fast-fashion retailer H&M delayed some campaigns due to Red Sea crisis Published 27 Mar, 2024 04:53pm STOCKHOLM: H&M the world’s second-biggest listed fashion retailer, postponed the start of some Spring/Summer...
Clothing giant Shein in focus as France targets fast fashion Published 23 Mar, 2024 01:55pm SHANGHAI: With jaw-droppingly low prices and a seemingly endless selection of trendy clothes, Shein has taken the...
H&M CEO quits as sales keep sliding, shares drop Published 31 Jan, 2024 06:33pm STOCKHOLM: H&M opens new tab unexpectedly announced a change of leadership on Wednesday with company veteran...
H&M to shut a fifth of Spanish stores, lay off 588 workers Published 27 Jan, 2024 02:25pm MADRID: Swedish fashion retailer H&M, opens new tab announced on Friday a plan to close down more than a fifth...
H&M pulls ad accused of sexualising kids Published 23 Jan, 2024 03:44pm SYDNEY: Swedish fast fashion giant H&M on Tuesday said it had pulled an advert for school clothing, which...
Global fashion factories in Bangladesh resigned to slimmer margins ahead of wage hike Updated 08 Nov, 2023 01:36pm DHAKA/NEW DELHI: Several clothing factory owners in global fashion manufacturing hub Bangladesh are asking clients...
Bus torched as Bangladesh set to declare new minimum wage Updated 07 Nov, 2023 03:47pm DHAKA: Police fired tear gas at thousands of workers who set a bus on fire outside Bangladesh’s capital Tuesday,...
Bangladesh protests halt production for top fashion brands: union Published 03 Nov, 2023 05:16pm DHAKA: Levi’s and H&M are among top global clothing brands to suffer production halts in Bangladesh, a garment...
Violent BD garment protests shut hundreds of factories Published 03 Nov, 2023 06:11am DHAKA: Hundreds of garment factories in Bangladesh have shuttered as thousands of workers staged violent protests to...
H&M to sell second-hand clothes at London store Published 13 Sep, 2023 03:11pm LONDON: H&M plans to sell second-hand clothes and accessories at its flagship store in London from Oct. 5, as...
H&M says it will ‘phase out’ sourcing from Myanmar Published 21 Aug, 2023 06:43am LONDON: The world’s second-biggest fashion retailer, H&M, has decided to gradually stop sourcing from Myanmar,...
H&M shares jump 17% as summer collection boosts profit Published 29 Jun, 2023 06:24pm STOCKHOLM: Fashion retailer H&M's shares jumped 17% on Thursday after its second-quarter profit beat estimates ...
Fashion retailers resilient despite consumer fears Published 15 Jun, 2023 02:48pm LONDON: A strong start to June for Sweden’s H&M and the return to profitability at online fashion retailer ASOS...
H&M beats expectations by staying in the black Published 30 Mar, 2023 04:20pm STOCKHOLM: Swedish clothing giant H&M said Thursday its net profit more than doubled in the first quarter,...
Sweden's H&M first big European retailer to cut jobs as inflation hits demand Published 30 Nov, 2022 09:44pm COPENHAGEN: Swedish fashion giant H&M on Wednesday became the first big European retailer to start layoffs by...
European retailers are on investors’ naughty lists this Christmas Published 29 Oct, 2022 05:55am As the cost-of-living crisis squeezes consumers and shrinks disposable incomes, this year’s Christmas shopping...
Analysis: Price hikes test Zara owner Inditex's ability to stay in fashion Published 15 Sep, 2022 03:10pm MADRID: Zara owner Inditex's strong first-half results show its strategy of raising prices since early 2022 paying...
Fashion retailer H&M joins TJX, others in exiting Russia Published 18 Jul, 2022 04:27pm STOCKHOLM: the world's second-biggest fashion retailer, said on Monday it had decided to wind down its business in...
H&M profits, sales beat forecast in second quarter, but 'challenges remain' Published 29 Jun, 2022 06:30pm STOCKHOLM: Swedish fashion retailer H&M posted stronger-than-expected sales and profits in the second quarter on...
H&M sees boosted sales but Russian closures start to weigh Published 04 Apr, 2022 05:38am STOCKHOLM: Swedish clothing giant H&M said on Thursday its revenue increased in the first quarter but its ...
Russia’s Nornickel hit hard amid sanctions, owner says Updated 13 Mar, 2022 07:00am MOSCOW: Russian mining giant Norilsk Nickel has been facing transport and other problems after the West slapped...