H&M news and archive

H&M closes Berlin innovation lab Beyond

H&M is ending the activities of H&M Beyond in the German capital. This was confirmed by the Swedish clothing group at the request of FashionUnited on Thursday. Oliver Lange, the previous manager of the project, reported the cancellation of the project at the end of last week on the career network LinkedIn. Lange left the company on 1 May and the...

H&M announces Central Saint Martins fashion and journalism winners

Fashion retailer H&M and university Central Saint Martins have announced the four winners of its H&M Sustainable Fashion and Journalism awards for 2024. The awards were announced last September to support emerging designers and journalists and to encourage the next generation of fashion leaders to further engage with sustainability and...

Fashion

World’s largest fashion brands are using tainted cotton, says investigation

Brazil has long been under scrutiny for deforestation of the Amazon rainforest, but new research from Earthsight shows the destruction of the Cerrado biome, a biodiversity hotspot, has largely escaped notice. While efforts to address the Amazon's plight have seen some progress, deforestation rates in the Cerrado are worsening, driven in part by...

Fashion

H&M and Shanghai Fashion Week to partner on collaborative collection

Swedish fashion giant H&M has announced it will be partnering with Shanghai Fashion Week on a new collaborative collection with Chinese designers in a bid to showcase local design. Set to be released in autumn 2024, the collection will come as part of the duo’s efforts to diversify commercial channels and leverage fashion industry resources as...

Business

H&M’s latest sustainability report reveals continuation of eco-efforts

Swedish fashion retailer H&M has issued its annual Sustainability Report for 2023 where it provided a yearly overview of the progress it has made towards related goals, for which its outlook has continued to remain positive. In a release linked to the report, H&M Group’s head of sustainability, Leyla Ertur, said: “As the world faces significant...

People

H&M proposes election of Helena Saxon as board member

H&M’s nomination committee has proposed the election of Helena Saxon as a new member of the company’s board. The committee also proposed the re-election of Stina Bergfors, Anders Dahlvig, Danica Kragic Jensfelt, Lena Patriksson Keller, Christian Sievert and Christina Synnergren and Karl-Johan Persson as chair of the board. The company said in a...

Business

H&M posts improved operating profit in Q1

First quarter net sales at the H&M group declined to 53,699 million Swedish krona, while gross profit increased by 7 percent to 27,655 million Swedish krona, corresponding to a gross margin of 51.5 percent. The H&M group’s sales from March 1 to March 25, 2024 increased by 2 percent in local currencies compared with the same period the previous...

Fashion Featured

Major fashion brands and retailers face growing water-related risks

A pioneering report by Planet Tracker has unveilsed significant water-related risks confronting major fashion brands and retailers, including Adidas, Gap, H&M, Inditex, Levi Strauss, Nike, PVH Corp, Ralph Lauren, and VF Corp. Amid escalating water stress in critical manufacturing regions, the report urges companies and investors to prioritise...

Retail |In Pictures Featured

H&M opens new concept store on King’s Road

Fashion retailer H&M has opened a new concept store on Chelsea’s King’s Road in London today, March 21. Located in a grade II listed building at 72 King’s Road, the concept store aims to offer the “very best of H&M’s fashion offer,” explains the brand with a curated edit of the retailer’s “most elevated designs and innovative pieces”. The store...

Fashion |In Pictures

H&M's latest designer collaboration is with Rokh

Swedish fashion retailer H&M is spotlighting emerging brand Rokh by Korean designer Rok Hwang for its next designer collaboration. H&M said that the collaboration with Rokh will span womenswear, menswear and accessories and will offer Hwang’s “cleverly customisable designs infused with off-beat elegance”. Launching on April 18, the collection...

BusinessFeatured

H&M embraces new venture to buy 50 percent of its recycled polyester supplies

In a bid to revolutionise the fast fashion textile industry, H&M Group, in collaboration with Vargas Holding, has unveiled Syre, a groundbreaking venture supported by TPG Rise Climate. The primary objective is to scale up textile-to-textile recycled polyester and foster sustainability within the textile sector. H&M Group has committed a...

Business

H&M and Heron Preston reveal new partnership via debut collection

H&M has unveiled a new partnership with American artist and designer Heron Preston which will include seasonal collections and creative advisory where “product, people and process play equal roles in bringing the shared values” of the two. Dubbed ‘H2’, the partnership debuts with the launch of its first seasonal collection inspired by the street...