H&M Unveils Two Flagship Stores for H&M Beauty in Sweden: A New Era of Shopping

H&M is set to make a bold statement in the retail world with the opening of two flagship stores for its H&M Beauty brand in Sweden this month. These new locations are designed to offer an “elevated and inspiring” shopping experience that bridges the gap between fashion and beauty. A Comprehensive Beauty Experience The upcoming …

H&M launches it’s first home décor store in Hyderabad

In a recent post from 5 days back on their Facebook handle, H&M, announced the opening of their new store in Hyderabad’s Inorbit Mall on June 7th 2024. The post read “Hello Hyderabad! We are coming soon to Inorbit Mall on 7th June, 1PM. We can’t contain our excitement as this is the first H&M …

How H&M integrates tech into its stores

The Swedish clothing retailer’s tech department is working beyond agile, in a more modified hybrid structure with both product teams and platform thinking. Here, CDIO Ellen Svanström explains the model that will bring the tech department closer to the business. Just over a year ago, H&M’s IT department was heavily reduced as a result of …

Fashion retailer H&M beats expectations in spring recovery

H&M, the world’s second-largest listed fashion retailer, beat first-quarter operating profit expectations on Wednesday, as new CEO Daniel Erver said spring collections were well received and sales showed signs of recovery. The Swedish group’s shares rose 12% in early trade after it posted an operating profit of 2.08 billion crowns ($196 million), up from 725 …

H&M Group plans to invest more in physical stores, including refurbishing 250 globally

According to H&M Group’s Annual and Sustainability Report 2023, the fast-fashion company plans to open around 100 new stores and close around 160. While that is a net reduction of 60, the remaining stores will make a positive contribution to sales. So far, in 2024, a net 31 stores have closed its doors. In 2023, …