Karl-Johan Persson

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


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


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...]

H&M Misses Q1 Profit Forecast, Plans New Chain in 2013

Summertime at H&M

Stockholm—H&M reported today that its first quarter profits were lower than expected due in part to its gross margin eroding … [Read more...]

By Absorbing Costs, H&M Q4 Profit, Margins Take a Hit

A cruisewear look from H&M's capsule Versace collection

Stockholm—While its decision to absorb rising cotton costs rather than rising prices may have helped H&M increase its market … [Read more...]

H&M Q3 Profit Declines, But Less Than Expected

Dontella Versace, center, with models at a preview of her collection for H&M

Stockholm—Facing tough comparables and unfavorable weather in many of its European markets, H&M reported today that its third … [Read more...]

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 No. 2 … [Read more...]

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...]

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 quarter … [Read more...]

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...]