Interest in the global fashion Group IPO may have been disappointingly lower than hoped for, but the company has now begun trading on the Frankfurt stock exchange and the true test of its appeal begins now.
H&M’s sales grew as expected in the three months to May 31, its second quarter, with an impressive 11%. In local currencies that was ‘only’ a 6% rise, but in the current retail environment, that’s a strong result.
In an effort to cut down on the amount of clothing ending up in landfill, Patagonia is giving customers the option to mail-in used Patagonia clothing in exchange for purchase credit, as part of its Worn Wear program.
The Texas-based department store retailer announced on Monday that it has appointed Victor Ejarque Lopez as senior vice president and general merchandising manager for women’s apparel, effective June 10.