H&M said markdowns in the quarter in relation to sales increased by 0.3 percentage points compared to a year ago

Hennes & Mauritz, the world’s second-biggest fashion retailer, warned on Thursday of a “very negative” impact from higher purchasing costs for th(...)

 Looking out from Gap on the southeast corner of Herald Square in New York. American brands, including Gap and J. Crew, are reporting slumping sales, while foreign fast-fashion brands like H&M and Uniqlo lure away their customers. (Photograph: Yana Paskova/The New York Times)

At 8:50 on a Wednesday morning, nearly two dozen shoppers hovered in front of H&M’s new global flagship store on the corner of West 34th Street a(...)

A 27 per cent surge in Inditex’s stock price this year has inflated 79-year-old founder Amancio Ortega’s fortune to $71 billion. That makes him richer than Warren Buffett and second to Bill Gates

Inditex, the world’s largest clothing retailer, said first-quarter profit rose 28 per cent, the fastest pace in more than two years, as the Zara owner(...)

In July, Mango cut its revenue forecast for 2017 by around a third. Photograph: Krisztian Bocsi/Bloomberg

Spanish fashion retailer Mango reported an 11 per cent fall in annual profit on Tuesday after investing in an international expansion plan including l(...)

Zara-owner Inditex, facing competition from Primark and H&M, has increasd its online sales and opened new stores. Photograph: Susana Vera/Reuters

Clothing retailer Inditex reported accelerating revenue growth after an expansion of online sales and new stores helped drive a 5 per cent profit incr(...)

H&M has moved into Zara-owner Inditex’s ‘fast fashion’ space by offering a bigger turnover of styles. Photograph: Susana Vera/Reuters

The families behind Zara-owner Inditex and H&M will need to fend off fast-moving competitors if they are to replicate online the winning formulae(...)

Shares fall despite reports that the year “has gotten off to a good start”. Photograph: EPA

Hennes and Mauritz AB (H&M) said the stronger US dollar will weigh on costs this year, taking the shine from results showing the steepest gain in (...)

After 14 consecutive quarterly declines in clothing, footwear and homeware sales, time could be running out for the man tasked with finding a solution - Dutchman Marc Bolland. (Photograph: EPA/ANDY RAIN)

For generations, British children went to school in Marks & Spencer’s (MKS.L) clothes, teenagers turned to it for first interview suits and shopp(...)

Apple has halted online sales in Russia -- just three weeks after boosting the price of an iPhone 6 by about 25 per cent to 39,990 rubles. The value of that iPhone sale when converted into dollars already has plummeted to about $585 from $847. (Photograph: Shizuo Kambayashi)

As one of 144 million Russian consumers that companies from Apple to Renault are trying to reach, university professor Elena Grekhnyova is feeling the(...)

Michael Jeffries stirred controversy when he said Abercrombie’s clothes were not meant for “fat” people. Photograph: Shannon Stapleton/Reuters

Abercrombie & Fitch Co chief executive Michael Jeffries, who transformed the logo-centric clothing retailer from a drab sports brand into a fashio(...)