H&M
Fashion
H&M slashes 1,500 jobs in cost-cutting effort
The cost-cutting program will save the company 2 billion Swedish Krona each yearBy Daphne HowlandNew Delhi: H&M on Wednesday said it will reduce its workforce by 1,500 positions as part of its previously announced cost-cutting program.The program overall will...
Big Grid
Uniqlo looking to enter Bengaluru
Uniqlo, the largest Japanese fashion retailer is in talks with the upcoming Phoenix Mall of Asia in Bengaluru to open a store there in 2024New Delhi: Uniqlo plans to enter Bengaluru in 2024 as part of its expansions into...
Fashion
H&M slashes 1,500 jobs in cost-cutting effort
The cost-cutting program will save the company 2 billion Swedish Krona each yearBy Daphne HowlandNew Delhi: H&M on Wednesday said it will reduce its workforce by 1,500 positions as part of its previously announced cost-cutting program.
The program overall will...
Fashion
Uniqlo scouting for spaces in Mumbai malls; Expected to enter the city next year
The world’s third-largest fashion brand after Zara and H&M is looking to open 4-5 stores in Mumbai in 2023 and 2024New Delhi: Uniqlo has initiated talks with several malls in Mumbai as part of the Japanese fashion retailer’s plans to...
Home Decor & Furnishing
Inditex to introduce Zara Home in India
New Delhi:Â Zara is planning to introduce its home products in India, three people familiar with the plans said. The move comes close on the heels of rivals Stockholm-based Hennes & Mauritz (H&M) and London-based Marks & Spencer launching their...
Fashion
Actress Maisie Williams is H&M’s new Global Sustainability Ambassador
H&M has announced a partnership with actor and filmmaker Maisie Williams to lead a worldwide initiative towards a more sustainable fashion future. In a major effort towards meeting the goal of only using recycled or other sustainably sourced materials by 2030,...
Fashion
Lenzing AG: Tailoring sustainable & environmentally responsible lifestyles
Lenzing AG, one of the largest wood-based fibre manufacturers of the world, has been promoting sustainable fashion in India for over a decade with its products TENCELâ„¢ and LENZINGâ„¢ ECOVEROâ„¢, all sustainable and environmentally responsible fibres.India is a young...
Big Grid
H&M announces Yanira Ramirez as new Country Sales Manager for India as Janne Einola quits
Hennes & Mauritz has announced Yanira Ramirez as the new country sales manager, four months after its India head Janne Einola quit the company."Yanira Ramirez takes over as H&M India’s new country sales manager and will be based out of H&M India’s...
Big Grid
Digital savvy companies stay relevant to customers in post-pandemic era: GlobalData
Prior to the COVID-19 pandemic, a paradigm shift towards digitization was already underway across the sectors. However, the pandemic has further accelerated the transformation, which is evident by the marked growth in spending towards digitization by businesses. Against this...
Big Grid
H&M launches 50th Indian store in Bhubaneswar
H&M, Hennes & Mauritz AB, the international fashion retailer known for fashion and quality at the best prices in a sustainable way, is elated to announce the launch of its 50th store in India. The newest H&M store was opened in Bhubaneswar.
H&M...
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Indian consumers prefer ‘offers’ faster online than offline: Report
The research reveals that online buyers are more price sensitive and avail more offers compared to offline buyersBengaluru: As...
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