Anna Teurnell appointed creative director of Filippa K

[ad_1] Translated by Roberta HERRERA Published Feb 6, 2024 Anna Teurnell steps into the role of creative director at Filippa K, succeeding Liisa Kessler, who was appointed two years prior. She will oversee all creative aspects of the Swedish brand. Simultaneously, the designer will continue to lead her own label, Teurn Studios, established in 2021. […]

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New H&M boss Daniel Ervér faces pricing dilemma in fight to win back customers

[ad_1] By Reuters API Published Jan 31, 2024 The new boss of H&M faces a thorny dilemma: increase prices and lose more ground to budget online fast-fashion rival Shein, or cut prices and risk profit margins falling short of target. Daniel Ervér, 42, took the reins at H&M on Wednesday after Helena Helmersson quit in […]

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H&M CEO quits as sales keep sliding, shares drop

[ad_1] By Reuters API Published Jan 31, 2024 H&M‘s CEO unexpectedly quit on Wednesday and company veteran Daniel Ervér took over with immediate effect, as the Swedish fashion retailer struggles to boost sales and profitability. Shares in the Swedish fashion retailer dropped 8% as outgoing CEO Helena Helmersson said she had decided to leave the company […]

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H&M profit target in spotlight as cost-cutting gathers pace

[ad_1] By Reuters API Published Jan 31, 2024 Swedish fashion retailer H&M is under pressure to prove to investors it can turn its fortunes around and fend off fierce competition from fast-fashion rivals such as Zara, whose sales are rising, and China-founded Shein, set to go public this year. H&M H&M, which sold more than […]

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H&M pulls ad after complaints over sexualisation of school girls

[ad_1] By Reuters API Published Jan 23, 2024 Fashion retailer H&M has withdrawn an ad featuring school girls after complaints that the campaign encouraged the sexualisation of under-age girls. The H&M Back to school campaign The advert, launched in Australia, featured the slogan: “Make those heads turn in H&M’s Back to School fashion” above a […]

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Uniqlo sues Shein, saying retailer copied popular shoulder bag

[ad_1] By Bloomberg Published Jan 16, 2024 Uniqlo, part of Fast Retailing Co., sued Shein in Japan, accusing the Chinese retailer of copying its popular Round Mini Shoulder bag. Uniqlo The entities that operate the Shein brand must immediately cease sales of “imitation products” and compensate for damages, Fast Retailing said in a statement Tuesday. […]

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