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H&M plans to expand retail presence; hire 800 people in 2018

Swedish fashion retailer Hennes & Mauritz (H&M) plans to hire 800 people this year as part of expansion plans of its sales network here, said a top company official.According to a PTI report: Besides, H&M group, which has a...

H&M launches luxury fashion brand Nyden targetted at Millennials

H&M will launch an affordable luxury label called Nyden in early 2018.Called Nyden, a hybrid of the Swedish words for ‘new’ and ‘it’, the line will be led by Oscar Olsson, who has worked at H&M since 2013.Nyden will...

H&M to introduce new brand ARKET

The H&M group will be launching a new brand, ARKET, this year. ARKET, the new brand, will be a modern-day market, offering essential products for men, women, children and the home. The first store will open early autumn 2017 on...
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IKEA FY24 loss widens to Rs 1,299 cr, revenue up 4.5% to Rs 1,809.8 cr

Ikea India reported a loss of Rs 1,133 crore and its revenue from operations was at Rs 1,731.6 crore...
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