Hennes & Mauritz (H&M) Stock News

Spain's largest fashion companies will start collecting discarded clothes from April next year as part of a voluntary pilot scheme to manage textile waste that anticipates EU regulations expected to come into force in 2026.

Swedish clothing retailer H&M said on Friday it plans to phase out its use of virgin down and feathers - materials that are harvested from ducks and geese and used in puffer jackets, pillows and other items.

My recommendation for Hennes & Mauritz is a hold rating due to the uncertain sustainability of recent growth, despite encouraging September sales data. HNNMY's 3Q24 results showed flattish growth, with EBIT missing estimates and EPS falling 29%, raising concerns about future performance. The new strategy's impact remains unclear; September's 11% growth might be driven by pent-up demand and easi...

Swedish fashion retailer H&M is banking on lower prices and a wider range of trendy clothing compared to basics to drive sales among cautious consumers in the crucial shopping months leading up to the end of the year.

Swedish fashion retailer H&M is banking on lower prices and a wider range of trendy clothing compared to basics to drive sales among cautious consumers in the crucial shopping months leading up to the end of the year.

Swedish high-street fashion giant H&M's third-quarter financial results received a frosty reception from City analysts today. Company revenue fell slightly in the nine-month period- to 172.29 billion Swedish krona (£12.7 billion) from 173.39 krona in the same period last year.

H&M, the world's second-largest fashion retailer, saw its shares tumble by 8% on Thursday following a disappointing third-quarter operating profit and the abandonment of its 2024 earnings margin target. The Swedish retailer posted an operating profit of 3.51 billion Swedish crowns ($345.8 million), down from 4.

Shares of H&M tumbled 7% on Thursday after the world's second-largest listed fashion retailer posted a miss on operating profit.