2020 retail outlook
2020 has been an unprecedented year for fashion retailers and for the overall industry as well. Amid lockdowns, physical stores got shut and people turned
Tag : fashion retailer
H&M’s plan to close 250 stores worldwide signals fashion’s digital future
H&M confirms plans to shut 250 stores in 2021, nearly 5 percent of its total 5,000 global locations to invest more rigorously in digital operations.
H&M Head in India resigns citing personal reasons
Hennes & Mauritz (H&M) Head of India Janne Einola has left the job after serving 23 years with company. During his time in India, Einola
Fabletics collaborates with Madelaine Petsch for capsule collection focused activewear
US-based activewear brand Fabletics has collaborated with actress Madelaine Petsch for a limited-edition capsule collection focused on activewear. Encouraged by the actress’s favorite runway trends,
Walmart’s Myntra expands its fashion brand in the Middle East with 5X growth aim
Walmart-owned Bangaluru based company Myntra has gone international joining up with the Middle East real estate giant Emaar Group’s e-commerce platform Noon.com and fashion portal
VF Corp. creates new position ‘President’ to accelerate business strategy in Greater China
VF Corporation has created a new role, President, Greater China to boost up its business strategy in the Asia Pacific Region. The role will oversee
Inditex permanently closing 1200 stores and planning for online push
Inditex, the owner of Zara said it is permanently closing its 1,000 to 1,200 retail stores, 16% of its total outlet around the world. The brand is planning to
“Bangladesh RMG sector must focus on three areas to survive”
H&M has a long collaboration with the Bangladeshi manufacturers for the last 27 years and an amount of 3 billion USD apparel products are importing
H&M profits shrink in first six months of FY
Due to rapid transformation of the fashion retail sector profits at fast-fashion chain H&M down by a third in the first six months of the financial
