H&M’s inventory levels are up 30 per cent year-on-year and profit will be hurt should the retailer have to offer deeper discounts. Photograph: Regis Duvignau/Reuters

Hennes and Mauritz (H&M) said price cuts to clear inventory over the next three months may exceed last year’s, sending the shares tumbling to a fo(...)

H&M chief executive Karl-Johan Persson concedes that the company’s supply chain practices have remained the same while the world had changed. Photograph: Reuters

Cost controls helped H&M to limit a drop in quarterly pretax profit, but the fashion chain said it was increasing investments this year as it trie(...)

The unusually warm weather in August and September this year hit demand for fashion in many of H&M’s key markets, including Germany, its biggest. Photograph: iStock

Budget fashion retailer H&M was upbeat about prospects for profitability next year but a fall in third-quarter earnings and weak September sales s(...)

H&M chief executive Karl-Johan Persson presents the company’s interim report for the third quarter. Photograph:  Jonas Ekstromer/TT News Agency/Reuters

H&M said it would expand its online shopping service to nine more market, including Ireland, in the next financial year. The company, which will (...)

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(...)

 H&M, Europe’s second-biggest clothing retailer, has reported a 20 per cent jump in third-quarter profit. Photo: Bloomberg

H&M, Europe’s second-biggest clothing retailer, reported a 20 per cent jump in third-quarter profit as online expansion and new concepts fueled s(...)

H&M plans to roll out in 8 to 10 online markets in 2015 after starting up sites in Spain, Italy and China this autumn

Hennes & Mauritz, the world’s second-biggest fashion retailer, said sales in June had gotten off to a good start after reporting second-quarter pr(...)

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