Inside Retail

SEPTEMBER 13, 2022

Additionally, congestion at the Port of Shanghai, the largest port in the world, appears to be easing. The average waiting time across all vessel types, including tankers, bulkers and containers, at Shanghai has reduced to 28 hours, which is down considerably from its peak average waiting time of 66 hours during the lockdown in China.

Net Profit 278

Net Profit Payment Services Specialty Store Fast Fashion 278

Inside Retail

JANUARY 31, 2023

H&M and LVMH target very different sectors of the fashion industry. The former, a fast fashion giant based in Sweden, saw a slump in fourth quarter earnings, with its operating profits falling by 87 per cent year on year, and its net profit declining by about 68 per cent.

Fast Fashion 147

Fast Fashion Fashion Apparel Net Profit 147

Retail Gazette

SEPTEMBER 13, 2023

It posted a net profit of £2.1bn for the six months to July 31 as the group widened its lead over Swedish rival H&M. It would now focus on low-impact fibres, supply chain transformation, biodiversity and circularity initiatives, as fast-fashion retailers face growing pressure to cut waste. Revenues rose 13.5%

Net Profit 57

Net Profit Fast Fashion Fashion ATS 57

Inside Retail

JANUARY 28, 2022

In what the Stockholm-headquartered multinational fast-fashion retailer described as a “strong recovery” H&M increased its net profit nearly seven-fold to US$1.5 We ended the year strongly with sales back at the same level as before the pandemic and with profitability better than it has been for several years.”.

Net Profit 130

Net Profit Fast Fashion Fashion Apparel 130