Fast fashion brand H&M saw a slight increase in sales as it faces increased competition in the crowded sector. The Swedish company on Wednesday (March...
The fast-fashion wars are opening an unlikely new front — the resale space — as retailer H&M and fashion reCommerce platform thredUP disclosed a new partnership...
If declining sales and the continued stress to keep bottom lines healthy were not enough pressure already, retailers are today faced with another key challenge...
Shein is reportedly telling investors that it plans to double its revenue by 2025. The Financial Times (FT) reported Friday (Feb. 17) that the online...
The fast-fashion wars got intense in 2022 as relative newcomer Shein outpaced a competitive set, including H&M, Uniqlo and Zara, setting up a battle for...
H&M’s struggles continued this week with sales figures suggesting increased pressure from fast-fashion rivals. The Swedish retailer said Thursday (Dec. 15) that net sales for...
Weak sales have driven a wave of retail closures across Europe. In October, for example, Germany’s Federal Statistical Office reported a 2.8% decline in retail...
Fast-fashion retailer Shein is reportedly generating revenue at a rate that is putting it close to that of its rivals, H&M and Zara. The online...
Today in Europe, the Middle East and Africa, H&M announced that it will trial charging a fee when customers return items they’ve purchased online and...