Stockholm—H&M announced Thursday that it plans to open more stores this year than expected, even as its first quarter profit … [Read more...]
Karl-Johan Persson
H&M Q4 Profit Narrows on Expansion Costs
Stockholm—H&M, the world’s second largest fashion retailer, reported today an unexpected drop in its fourth profits due in … [Read more...]
January 30, 2013 -
H&M Misses Q3 Forecast, Delays U.S. E-Commerce Start
Stockholm—H&M missed its third quarter profit forecast and reported today that it will delay the launch of its U.S. … [Read more...]
September 27, 2012 -
H&M Q2 Profit Beats Forecast Despite EU Debt Woes
Stockholm—The demand for fast fashion evidently remains high even in the debt-ridden nations of Southern Europe. At least … [Read more...]
June 20, 2012 -
H&M to Expand into Latin America, Mexico First
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...]
April 23, 2012 -
H&M Misses Q1 Profit Forecast, Plans New Chain in 2013
Stockholm—H&M reported today that its first quarter profits were lower than expected due in part to its gross margin eroding … [Read more...]
March 29, 2012 -
By Absorbing Costs, H&M Q4 Profit, Margins Take a Hit
Stockholm—While its decision to absorb rising cotton costs rather than rising prices may have helped H&M increase its market … [Read more...]
January 26, 2012 -
H&M Q3 Profit Declines, But Less Than Expected
Stockholm—Facing tough comparables and unfavorable weather in many of its European markets, H&M reported today that its … [Read more...]
September 29, 2011 -
H&M Q2 Profit Misses Expectations
Stockholm—Faced with higher cotton prices, rising labor costs in Asia and a strong Swedish crown, H&M, the “world’s … [Read more...]
June 22, 2011 -
H&M Q1 Profit Misses Forecast as Costs Rise
Stockholm--H&M posted a slimmer first quarter profit, hit by external factors including currency movements and cost … [Read more...]
March 31, 2011 -
Rising Costs Cut Into H&M
Stockholm—Citing the impact of increased raw materials costs, especially on cotton, H&M reported today that its fourth … [Read more...]
January 27, 2011 -
H&M Posts Strong 1st Quarter
Stockholm--H&M Hennes & Mauritz AB has kicked off its financial year with a 42% jump in first quarter profit, helped by … [Read more...]
April 12, 2010 -
