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Stay current with all the latest and breaking news from H&M, compare headlines and perspectives between news sources on stories happening today. In total, 175 stories have been published about H&M which Ground News has aggregated in the past 3 months.

Latest News Stories

US & Canada

H&M releasing line of biodegradable baby clothes

100% Center coverage: 2 sources
The clothes are made from organic cotton and they're 100% biodegradable. There are no buttons or metal trim. Even the pigments used to print the designs are biodegarable. The new line is just one of several ways H&M said it is working to make fashion more sustainable.See the Story

Lululemon, H&M back $250-million Fashion Climate Fund to decarbonise supply chain

Coverage: 2 sources
H&M and Lululemon are backing a $250-million fund to speed up efforts to cur carbon emissions in the fashion industry. The Fashion Climate Fund also hopes to unlock a further $2 billion in funding once effective solutions have been found and scaled up. Other early backers include the H&M Foundation and the Schmidt Family Foundation.See the Story

H&M reaches $36 mln settlement with New York over unused gift cards

50% Center coverage: 4 sources
H&M will pay $36 million to settle accusations that the fashion retailer illegally kept millions of dollars in gift cards. The Swedish company, whose full name is H&M Hennes & Mauritz AB (HMb.ST), did not admit or deny wrongdoing. It did not immediately respond to a request for comment.See the Story
Business · Stockholm

H&M exceeds expectations for a 33% increase in profit in the second quarter

100% Center coverage: 3 sources
H&M reported a pretax profit of 4.78 billion Swedish crowns ($470.76m) in the second quarter. Analysts polled by Refinitiv had on average forecast a 3.87 billion crown profit. Sales were up 12% year-on-year when measured in local currencies, at 54.5 billion crowns.See the Story

Fashion brands pause use of sustainability index tool over greenwashing claims

100% Left coverage: 3 sources
H&M has suspended its use of product labelling tool, The Higg Materials Sustainability IndexSee the Story

Artificial Intelligence and Machine Learning Market Report 2021 –

Product range: Deep Learning , Natural Language Processing , Machine Vision and Others. Past records as well as projections related to market …See the Story
H&M · Beijing

H&M Closes Shanghai Flagship Store

100% Right coverage: 1 sources
H&M shut down its flagship store in Shanghai, the latest sign of the impact of Beijing’s strict zero-COVID policy on the business of international fast-fashion retailers. After two months of lockdown, the epicenter of Shanghai finally reopened; however, traffic in the city’s shopping centers remained low.See the Story

First 24 hour metaverse festival sees Burberry and H&M discuss brand loyalty in virtual world

A new 24 hour metaverse festival launched this week, bringing together leaders in the fashion industry to discuss the future of the digital world. Meta...See the Story

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