Home / Knowledge / News / Apparel/Garments / July sales up 17% at Swedish apparel retailer H&M
July sales up 17% at Swedish apparel retailer H&M
18
Aug '14
Swedish apparel retailer, H&M Group said its revenues inclusive of VAT rose 17 percent in local currencies in July 2014, from the same month of last year.

In the one year period ending July 2014, H&M added 374 stores worldwide, which helped the retailer, reach a store count of 3,314 globally.

In August, H&M said it once again topped the list of the world’s biggest users of certified organic cotton, according to Textile Exchange’s latest Organic Cotton Market Report 2013.

With a 29 percent increase in use of organic cotton last year, H&M said, it manifested its leading position.

In the same month, H&M teamed up with not-for-profit organization K.I.D.S./Fashion Delivers to dress people in need this Back to School season.

From August 21 to September 3, for every piece of denim purchased at H&M, the retailer will give a brand new item of denim apparel to someone in need with the help of K.I.D.S./Fashion Delivers.

On July 17, H&M unveiled the most upscale flagship store in the US and the largest H&M store in the world to-date on the famed Fifth Avenue in New York.

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 20th Jan 2017

TEA expects budget to upscale textile skill industry

The Tiruppur Exporters’ Association (TEA) has requested the Central...

Textiles | On 20th Jan 2017

Bangladesh could earn $60 billion in exports by 2021

Bangladesh is expected to earn over $60 billion in exports by the...

Courtesy: PIB

Textiles | On 20th Jan 2017

Govt to help Tangaliya weavers purchase looms: Irani

Government of India will facilitate Tangaliya weavers in purchase of...

Interviews View All

Angelina Francesca Cheang
MY ANJE

'Consumers in the age-group 21 to 38 are driving the activewear trend'

Nitin Soni
Dolphin Jingwei Machines

Taxation policies need to be made simpler

Yashiki Gumber
Sahiba Fabrics

Fabric does not restrict us from fashion trends

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

Rupa Sood and Sharan Apparao
Nayaab

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
January 2017

January 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search