H&M (HM-B.ST) investors will be hoping the high street fashion chain shows it is on the road to recovery next week despite caution among many shoppers. The retailer is expected to report a slight rise in sales for the latest quarter in an update on Thursday June 26 as it continues with its turnaround strategy….
PARIS — As major brands scale back their sustainability initiatives, France is pressing ahead with legislation aimed at reining in “ultra-fast fashion” platforms such as Shein and Temu, known for their extremely low-cost clothing. The bill, introduced by Anne-Cécile Violland, a member of parliament from the Horizons party, passed the Senate one year after clearing…
Photo Credit: COS Instagram COS, a British fashion brand known for its clean, modern style and high-quality wardrobe pieces, is planning to open a new store at Bellevue Square, according to a permit filed with the City of Bellevue. The permit, which is for electrical work, lists the address as 575 Bellevue Square, suggesting that…
E-tail giant Very has become the latest major name to add to its fashion offer with a ‘boutique’ range. And this is more than just an elevated-but-small launch. Instead it’s introducing over 100 individual product lines across a number of premium brands, including Elliatt, Castañer and Vivere and the retailer said the new range “offers…
As part of its ongoing commitment to fostering diverse creative talent within the fashion industry, H&M has tapped Polish designer Madga Butrym for a special capsule collection that was inspired by Slavic beauty and resilience. Available to shop now, the 46-piece collection, ranging from $18 to $549 in price, draws from Butrym’s signatures: structured outerwear,…
Sweden’s recycling centres are overflowing with clothes after an EU-wide ban this year on throwing away textiles, leaving overwhelmed municipalities eager to have fast fashion giants take responsibility. “It’s a huge amount coming in every day. It’s been crazy, it’s a huge increase,” said Brian Kelly, secretary general of the Artikel2 charity shop in the…
Swedish retail giant H&M is creating 30 digital twins of human models this year as it explores new ways to showcase its clothes, shoes and accessories. The news, first reported by Business of Fashion, would potentially be used in marketing campaigns and social media posts. H&M confirmed the digital twins experiment to PYMNTS, but said…
Consumers are relying more on shopping apps for personalized shopping experiences. Retailers are trying to meet the growing demand for digital commerce, allowing shoppers to browse and buy products easily from any location. PYMNTS’ Provider Ranking of Shopping Apps offers a comprehensive look at the shopping apps that are excelling in this competitive landscape. The…