Hm Group news and trends

Today in Retail: Gorillas’ Deal for Frichti Continues Ultrafast Grocery Sector Consolidation; Katapult Upgrading Platform

March 15, 2022
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H&M Group Net Sales Up 23% in FY22 Q1
Retail // March 15, 2022

H&M Group on Tuesday (March 15) announced its net sales for the first quarter of fiscal 2022 were up 23% year over year, finishing the three-month period ending Feb. 28 at 49.166 million SEK ($5.12 million), although that number might change when the full earnings...

H&M Becomes Majority Owner In Sellpy
Retail // October 10, 2019

With a move that follows the fashion retailer’s efforts to become fully circular and support its global expansion, H&M Group has taken a majority stake in Sellpy. The group began investing in the re-commerce business in 2015 and has invested roughly US$5.07m (SEK50m) via its...

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H&M Group Net Sales Up 23% in FY22 Q1

March 15, 2022
H&M Group on Tuesday (March 15) announced its net sales for the first quarter of fiscal 2022 were up 23% year over year, finishing the three-month period ending Feb. 28 at 49.166 million SEK ($5.12 million), although that number might change when the full earnings report comes out March 31. The Stockholm, Sweden-based retailer’s net […]

H&M Becomes Majority Owner In Sellpy

October 10, 2019
With a move that follows the fashion retailer’s efforts to become fully circular and support its global expansion, H&M Group has taken a majority stake in Sellpy. The group began...