Hennes & Mauritz (H&M) Stock News

RBC Capital Markets has flagged sluggish consumer demand in Germany as a growing risk for European retailers, cutting profit forecasts for both H&M and JD Sports Fashion PLC (LSE:JD., OTC:JDSPY).

Spain's High Court ordered H&M to immediately halt daily bag inspections ​of last-shift workers and monthly random ‌locker searches, ruling on Monday that they violated employees' privacy rights.

The fast-fashion retailer H&M is a staple in many malls and shopping districts across America and much of the rest of the world.

Earnings were dented by $127.2 million in one-off restructuring costs as the retailer made organizational changes.

Swedish fashion retailer H&M reported on Thursday a smaller-than-expected March-May profit as ​it was unable to fully meet demand after reducing the ‌amount of clothing it keeps in stock, and predicted unchanged June sales.

Eurocommerce, the European retail association whose members include Amazon , H&M, Inditex, and Ikea, is ​asking EU tech chief Henna Virkkunen to exempt ‌AI-generated advertisements from the bloc's new regulation requiring disclosure of AI use.

There's been a "clear acceleration" of companies shifting operations to Malaysia from Singapore, according to Alwyn Lim at Singapore Management University. Lower costs, tax incentives and access to a larger market are behind the shift.