Ervér makes good start at H&M Group as Q1 looks stronger
H&M Group released its first set of results under the leadership of CEO Daniel Ervér on Wednesday and he seems to have got off to a good start because while …
H&M
COS stages major SS24 runway show in historic Rome venue
COS has just staged a major fashion show in Rome with the H&M Group-owned, London-based brand returning to the runway for its first-ever event in the Italian capital. COS Featuring …
H&M’s new boss Erver faces battle to reboot sales
By Reuters API Published Mar 23, 2024 Investors will be looking for reassurances from new H&M CEO Daniel Erver that he has the right plan to reboot revenue growth when …
French lawmakers approve bill to apply penalties on fast fashion
By Reuters API Published Mar 14, 2024 France’s lower house of parliament on Thursday approved a bill seeking penalties on ultra-fast fashion products, sold by companies like China’s Shein, aimed …
Global Fashion Agenda launches Trailblazer Programme
Eco-focused NGO Global Fashion Agenda (GFA) has partnered with PDS Ventures to track down “promising early-stage innovators who are working to accelerate the transformation of the fashion and textile industry …
Cos to show in Rome on March 26
Translated by Nicola Mira Published Mar 13, 2024 Cos will soon be back on the catwalk, and has again selected Italy as the setting for its new show. The H&M …
Zara owner Inditex’s profit rises 30% to 5.4 billion euros in 2023 on bet on upmarket fashion and competitive prices
By Reuters API Published Mar 13, 2024 Zara owner Inditex said on Wednesday its net income for 2023 rose by 30% to 5.4 billion euros ($5.9 billion) as the fast-fashion …
Investors push Zara owner Inditex to publish full supply chain
By Reuters API Published Mar 11, 2024 Investors want Zara owner Inditex to follow rivals H&M and Primark in making its full list of suppliers public so they can better …
Shanghai’s big textile trade shows open on cautiously optimistic note
Translated by Nicola Mira Published Mar 6, 2024 For three days, Shanghai is the capital of the world’s textiles and apparel industry. The Intertextile trade show opened on March 6, …
H&M Group and partners in new deal to scale textile-to-textile recycled polyester
H&M Group has joined forces with Vargas Holding to launch Syre, a new venture “to rapidly scale textile-to-textile recycled polyester”. It’s also backed by TPG Rise Climate. Syre The retailer …