H&M

H&M Looks To Shutter 250 Stores Amid Digital Shift
H&M Looks To Shutter 250 Stores Amid Digital Shift
October 01, 2020  |  Retail

As the coronavirus health crisis has moved more consumers online, H&M has indicated that it intends to reduce its worldwide brick-and-mortar footprint by 250 shops....

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H&M’s eCommerce Sales Jump Amid Temporary Store Closures
H&M’s eCommerce Sales Jump Amid Temporary Store Closures
June 26, 2020  |  Retail

Amid a quarter in which a large percentage of its stores were temporarily shuttered during the pandemic, H&M Group saw its net sales fall by 50...

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B2B Payments Deterioration Eyed For Asia
B2B Payments Deterioration Eyed For Asia
June 15, 2020  |  B2B Payments

For global traders, emphasis continues to be placed on the urgency for corporates in a strong financial position to support their supply chains through on-time...

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H&M Cancels Orders, But Vows Supplier Payment
H&M Cancels Orders, But Vows Supplier Payment
March 31, 2020  |  B2B Payments

As garment makers are impacted by postponed deliveries and work cancellations amid the coronavirus pandemic, H&M noted it would accept shipment of products that have been...

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Retail Brands Abandon Clothing Orders Amid Drop In Demand
Retail Brands Abandon Clothing Orders Amid Drop In Demand
March 25, 2020  |  Retail

Retailers are halting and calling off attire orders as Western shoppers remain in their residences and shops close because of the coronavirus pandemic. The move...

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Coronavirus: CVS Health Looks To Hire 50,000 Workers; H&M Mulls Temporary Layoffs
Coronavirus: CVS Health Looks To Hire 50,000 Workers; H&M Mulls Temporary Layoffs
March 23, 2020  |  Coronavirus

Retailers are adapting their operations and rolling out initiatives amid COVID-19, the disease caused by the coronavirus. Here are the latest updates from the retail...

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H&M To Leverage Supply Chain For Medical Deliveries
H&M To Leverage Supply Chain For Medical Deliveries
March 23, 2020  |  Delivery

Fashion brand H&M has announced it will use its extensive supply chain network to help hospitals in need of supplies like masks and gowns in...

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Coronavirus Update: Domino’s Looks To Hire 10,000; UK Asks Hotels, Resorts To House Patients; Apple Donates Medical Supplies To Italy; Biohub To Expand Testing In San Fran
Coronavirus Update: Domino’s Looks To Hire 10,000; UK Asks Hotels, Resorts To House Patients; Apple...
March 19, 2020  |  Coronavirus

Businesses are making donations, reducing speeds of video streaming, and, in some case, hiring more workers amid the coronavirus. Here are the latest updates on...

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H&M Links B2B Suppliers To Third-Party Buyers
H&M Links B2B Suppliers To Third-Party Buyers
March 04, 2020  |  B2B Payments

In an effort to reduce the fashion industry’s environmental impact, Swedish fashion giant H&M launched a B2B service called Treadler that will let rivals access...

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