PYMNTS-MonitorEdge-May-2024

H&M

H&M Steers Upmarket to Pull Away From Shein
H&M Steers Upmarket to Pull Away From Shein
December 15, 2023  |  Retail

Fashion retailer H&M is reportedly making strategic moves to attract more aspirational shoppers and differentiate itself from fast-fashion giant Shein. With Shein’s rapid growth and...

READ MORE >
Shein Stays at No. 1 in Latest Provider Ranking of Shopping Apps
Shein Stays at No. 1 in Latest Provider Ranking of Shopping Apps
December 12, 2023  |  Shopping

The holidays are right around the corner, and holiday shopping is in full swing. This edition of PYMNTS’ Provider Ranking of Shopping Apps is here...

READ MORE >
Shein Claims Top Spot in PYMNTS’ Provider Ranking of Shopping Apps
Shein Claims Top Spot in PYMNTS’ Provider Ranking of Shopping Apps
November 07, 2023  |  Shopping

The holidays are fast approaching, and gifts are on everyone’s minds. With so many shopping apps available, it can be overwhelming to pick one to...

READ MORE >
Riyadh-Based Buy Now, Pay Later Platform Tabby Raises $200 Million
Riyadh-Based Buy Now, Pay Later Platform Tabby Raises $200 Million
November 01, 2023  |  BNPL

Tabby, a buy now, pay later (BNPL) platform based in Riyadh, has raised $200 million in its Series D funding round, achieving a valuation of...

READ MORE >
Why Retailers Throw Curveballs at Returns in Hopes of Loyalty 
Why Retailers Throw Curveballs at Returns in Hopes of Loyalty 
October 16, 2023  |  Retail

“Ugh — I really don’t want to have to return it,” every consumer has thought to themselves at some point. According to the National Retail...

READ MORE >
As Target Closes Stores, H&M Looks to Tech to Stop Retail Theft 
As Target Closes Stores, H&M Looks to Tech to Stop Retail Theft 
October 02, 2023  |  Retail

The intersection of technology, social dynamics and economic factors has created an environment where theft — both individual and organized — has proliferated. And H&M...

READ MORE >
Will H&M’s New Return Fee Drive the Loyalty It’s Looking For?
Will H&M’s New Return Fee Drive the Loyalty It’s Looking For?
September 22, 2023  |  Retail

A growing number of retailers have introduced fees for online returns, and whenever a retailer adopts this strategy, it typically elicits a robust response from...

READ MORE >
H&M Embraces Secondhand Retail With ‘Pre-Loved’ Collection
H&M Embraces Secondhand Retail With ‘Pre-Loved’ Collection
September 13, 2023  |  Retail

H&M is planning to sell secondhand clothing from its flagship London store. The Swedish apparel retailer will debut its “Pre-Loved” collection of womenswear Oct. 5,...

READ MORE >
Fast Fashion Brands Pivot to Repair Amid Sustainability Pressures
Fast Fashion Brands Pivot to Repair Amid Sustainability Pressures
August 01, 2023  |  Retail

Facing pressure to improve their environmental record, clothing makers want to repair customers’ worn garments. It’s a trend PYMNTS has been following since last year and the...

READ MORE >