H&M Group
H&M Bulks Up Liquidity With New Revolving Credit Facility
The new credit facility is renewable for six months, and comes as an addition to a 700 million euro facility…
Fashion Social Justice Advocacy in the Time of Coronavirus
The #PayUp campaign by social justice nonprofit Remake alleges brands like Gap, C&A and others have gone…
H&M March Sales Plummet 46%
The Swedish fast-fashion retailer has closed 3,788 stores out of 5,065 since March 31.
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Lab-Grown Cotton Venture Snags H&M Foundation’s Global Change Award
Galy won the biggest award, but prizes also went to Werewool, TextileGenesis, SeaChange Technologies and…
H&M Says Lower Demand Affecting Orders With Suppliers
The fast-fashion chain said it will honor commitments to goods in production.
Pandora Recruits Martino Pessina as Chief Commercial Officer
The H&M veteran will manage commercial operations for the restructuring jeweler.
COVID-19 Impact: H&M Announces Mass Layoffs, Scraps Dividend
The Swedish fast-fashion retailer noted subdued demand in functioning markets and a significant negative…
H&M to Close U.S. Stores Due to Coronavirus Concerns
Starting March 18, the group will close all its stores in the U.S., Canada, Germany, Portugal and Belgium.
Daniel Kulle to Expand Digital, Sustainability Efforts as Forever 21’s New CEO
The 24-year veteran of H&M grew North American sales from $1 billion to $4 billion over the course of his…
Forever 21 Names Daniel Kulle Chief Executive Officer
The former H&M executive is credited with quadrupling the company's North American business during his…
Top of the Crop: Adidas, Ikea, H&M Group Rank in Sustainable Cotton
The Sustainable Cotton Ranking urges brands to form policy, be transparent and actually uptake "sustainable…
‘Circulose’ Fabric Hits Retail for First Time With H&M
The hunt for sustainable raw materials continues. Exclusively for WWD, executives explain H&M's investment in…
Just a Mere $20B to $30B a Year to Transform the Industry, According to Report
At the World Economic Forum's meeting in Davos, BCG and Fashion for Good's findings tackled a financing gap…
Kering, H&M and L’Oréal Among CDP’s 2019 Climate Leaders
Kering is the only luxury goods firm on the list of 179 companies credited for their work to target climate…
Copenhagen Fashion Summit Announces H&M CEO as First Speaker
H&M's chief executive officer Karl-Johan Persson will speak at the upcoming Copenhagen Fashion Summit…