After receiving a ‘no’ from the Indian authorities at the start of the year, Massimo Dutti has finally had the go-ahead to open in the country via a partnership with Tata, who has a 49% stake in the JV.
H&M plans to spend around 100 million euros on an initial 50 stores in India, hoping a growing population and rising incomes in Asia's third-largest economy will fuel demand for its fast-changing fashions.
Insatiable demand among the global super-rich for swanky retail property in Europe has driven rental returns on the best shopping streets so low they are not much higher than the safest government bonds.
Fashion firm H&M will clothe Sweden's Olympic teams at the winter and summer games, bringing a global audience for a growing line of sportswear from a company best known for budget frocks and style accessories.
Fast Retailing left its full-year operating profit forecast unchanged despite a jump in sales in March at its flagship Uniqlo stores in Japan, as doubts linger whether aggressive economic policies will thaw a decades-...
The new Esprit CEO has poached a few Inditex veterans for his strategy team — Elena Lazcanotegui, who spent 15 years at Zara, and Juan Chaparro, a former purchasing manager at Zara. José Antonio Ramos, a former manage...
H&M, the world's second-biggest fashion retailer, will speed up store expansion in the face of weak European demand after unusually big markdowns pushed down profits more than expected in the first quarter.
Budget fashion retailer Hennes & Mauritz said on Friday its like-for-like sales fell for the fifth straight month in February and said fewer shopping days compared to the leap year in 2012 was in part to blame.