PYMNTS-MonitorEdge-May-2024

H&M

Shein Reportedly Raises Prices as IPO Looms
Shein Reportedly Raises Prices as IPO Looms
June 13, 2024  |  Retail

As it prepares to go public, fast fashion retailer Shein is reportedly driving up prices. The company has raised prices on a third of its core products,...

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Shein Shines in PYMNTS Provider Ranking of Shopping Apps
Shein Shines in PYMNTS Provider Ranking of Shopping Apps
February 13, 2024  |  Retail

Finding a romantic gift for Valentine’s Day can be hard, especially with so many shopping apps to pick from. PYMNTS’ Provider Ranking of Shopping Apps...

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H&M Refines Retail Strategy, Taking Cues From Retailers for a Localized Edge 
H&M Refines Retail Strategy, Taking Cues From Retailers for a Localized Edge 
January 30, 2024  |  Retail

H&M announced on Friday (Jan. 26) its plan to close down more than 20% of its stores in Spain and lay off up to 588...

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Retail Solutions That Led to Decreased Returns in 2023 
Retail Solutions That Led to Decreased Returns in 2023 
January 23, 2024  |  Retail

As brands and retailers continue to find new ways to prevent returns, one begs to ask: Are they working?  As per an National Retail Federation...

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H&M Embraces Localization Strategy Through Small Concept Stores
H&M Embraces Localization Strategy Through Small Concept Stores
January 10, 2024  |  Retail

As H&M focuses on a new consumer group, the fast-fashion retailer is set to open a store on King’s Road in Chelsea, London, in spring,...

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What Retailers Are Doing to Make Returns Less Annoying 
What Retailers Are Doing to Make Returns Less Annoying 
January 04, 2024  |  Retail

Many (79% of shoppers under 30 to be exact) find returns to be a cumbersome undertaking. Consequently, brands and retailers are implementing seamless return procedures...

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Uniqlo Holds Onto Bargain Couture as H&M Tries on New Look for Shoppers
Uniqlo Holds Onto Bargain Couture as H&M Tries on New Look for Shoppers
January 02, 2024  |  Retail

Uniqlo wants to grow by selling good-quality apparel at affordable prices. That’s the stance the Japanese retailer is taking when it comes to securing its...

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As H&M Pivots to New Spenders, What Will Mango Do?
As H&M Pivots to New Spenders, What Will Mango Do?
December 27, 2023  |  Retail

As H&M works to attract a new set of shoppers, while Shein and Zara pick up more market territory in the fast fashion landscape, Mango,...

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H&M Loses Market Share in Fast Fashion, Pivots to Target New Spenders 
H&M Loses Market Share in Fast Fashion, Pivots to Target New Spenders 
December 18, 2023  |  Retail

As the fast fashion race heats up, H&M has more than just Shein to worry about. With contenders like Zara vying for the spotlight and...

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