Karl-Johan Persson


H&M Q3 Profit Up 20%, But Margins Impacted

1010587_1515518148686433_2111272134730111528_n

Stockholm—H&M reported a decline in third quarter profitability and warned that higher garment costs will weigh on margins the … [Read more...]

H&M Eyes New Market in Strong Q2 Report

H&M

Stockholm—H&M says it is eyeing expansion into two new markets in the fall as it revealed strong earnings growth in the second … [Read more...]

H&M Q1 Profit Misses Due to Online Expenses

H&M

Stockholm—H&M today missed its first quarter profit forecast as the world’s second largest fashion retailer spent more to … [Read more...]

H&M Q4 Profit Rises But Misses Forecasts Amid Margin Pressure

H&M’s Times Square flagship plans Super Bowl related events this weekend including a digital football game, a digital field goal competition, a “fashion field runway” and prizes including tickets to Super Bowl XLVIII on Sunday.

Stockholm—Fast fashion giant H&M today reported its fourth quarter profit rose 6.1% but missed expectations with … [Read more...]

H&M Q3 Profit Jumps 22%, Beating Estimates

H&M

Stockholm—Helped by a promising launch of its U.S. online store, improved margins and cost controls, H&M reported today that … [Read more...]

H&M’s July Comp Sales Stumble

H&M is inviting consumers to its Paris Show Collection preview at a special pop up store in New York, August 22 to 24 at
. Gansevoort Plaza on Gansevoort St. (between Hudson and 9th Ave.)

Stockholm—U.S.-based retailers aren’t the only ones reporting softening sales. H&M, the world’s second largest fashion … [Read more...]

H&M Q2 Profit Falters, Plans to Invest Online

H&M

Stockholm—Although H&M today reported a larger-than-expected drop in its second quarter profit, the specialty retailer said … [Read more...]

H&M to Open 350 Stores This Year

Beyoncé is the face for H&M's summer campaign.

Stockholm—H&M announced Thursday that it plans to open more stores this year than expected, even as its first quarter profit … [Read more...]

H&M Q4 Profit Narrows on Expansion Costs

Spring looks from H&M

Stockholm—H&M, the world’s second largest fashion retailer, reported today an unexpected drop in its fourth profits due in … [Read more...]

H&M Misses Q3 Forecast, Delays U.S. E-Commerce Start

Singer Lana del Ray is the face of H&M's fall campaign.

Stockholm—H&M missed its third quarter profit forecast and reported today that it will delay the launch of its U.S. e-commerce … [Read more...]

H&M Q2 Profit Beats Forecast Despite EU Debt Woes

H&Msummer

Stockholm—The demand for fast fashion evidently remains high even in the debt-ridden nations of Southern Europe.At least … [Read more...]

H&M to Expand into Latin America, Mexico First

h&Mconscious2

Stockholm—H&M said today it plans to open its first store in Mexico this fall, its first step into the Latin American … [Read more...]