Hennes & Mauritz (H&M) Stock News

H&M CELEBRATES NEW STORE WITH CHRISTINA AGUILERA NEW YORK , Nov. 21, 2024 /PRNewswire/ --Today at noon, H&M celebrated the reopening of its iconic Times Square flagship, located at 1472 Broadway, with a special appearance and ribbon cutting ceremony with global pop superstar Christina Aguilera. The refined space, featuring elevated aesthetics and materials, includes immersive experiences showca...

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.