H&amp;M

H&M has been dumped by FC Barcelona as its official sponsor over fears the retailer’s ongoing state-backed boycott in China would hurt sales. H&M had agreed a deal with Barcelona’s…

H&M stores are closing across China as the country-wide backlash against the fast-fashion retailer threatens the fate of its fourth largest market.

H&M endures consequences of Chinese boycott as sales slump by 28%

Companies News

China H&M Inditex Skechers Uniqlo Xinjiang

July 5, 2021

buy now pay later Clearpay H&M Klarna

H&M has reported a slump in sales after Chinese consumers were called on to boycott the brand over the denunciation of China’s alleged human rights abuses in Xinjiang. The company…

Klarna has seen its valuation double to $45.6 billion after a recent round of funding led by Japanese company SoftBank.

Klarna is now Europe’s most valuable Fintech company after SoftBank investment

Companies News

June 11, 2021

Sustainable Tech Virtual Reality

Klarna has seen its valuation rise 50 per cent to $45.6 billion after a recent round of funding led by Japanese company SoftBank, making it Europe’s most valuable fintech company.…

The H&M Foundation has launched a new virtual fashion collection showcasing the designs of 10 sustainable start-ups which it believes can “create a shift in the fashion industry”.

The H&M Foundation launches new virtual ‘Billion Dollar’ collection

Billion Dollar H&M The H&M Foundation virtual

June 10, 2021

The H&M Foundation has launched a new virtual fashion collection showcasing the designs of 10 sustainable start-ups which it believes can “create a shift in the fashion industry”. The H&M…

Nike, H&M and Zara have been accused by China of selling goods that could be harmful to children in the latest escalation of tensions between the country and western brands.

Nike, H&M and Zara accused of selling harmful children’s clothing by China

Industry

boycott China H&M Nike Zara

June 3, 2021

Ecommerce Sustainable Tech

Nike, H&M and Zara have been accused by China of selling goods that could be harmful to children in the latest escalation of tensions between the country and western brands.…

H&M’s online fashion resale start-up Sellpy has announced plans to expand across 20 new markets in a major international push.

H&M’s online resale platform Sellpy to launch in 20 new markets amid major expansion

H&M resale Sellpy sustainability

June 1, 2021

Features Looking ahead Sustainable Tech

H&M’s online fashion resale start-up Sellpy has announced plans to expand across 20 new markets in a major international push. Sellpy, which is now around 70 per cent owned by…

The 5 most high-tech sustainable fashion initiatives

Adidas Desserto H&M Nike Sustainable retail Uniqlo

April 26, 2021

Ecommerce News Sustainable Tech

The fashion industry was responsible for at least four per cent of global greenhouse-gas (GHG) emissions in 2018, more than the carbon output of the economies of France, Germany, and…

Primark, Next, M&S, John Lewis and Asos have all committed to reduce their carbon by 50 per cent and reduce the aggregate water footprint of new products by 30 per cent by 2030.

Lenzing launch sustainable fashion ecommerce platform

H&M Lenzing Levi's sustainable fashion Tencel

April 19, 2021