H&M reports revenue growth in 2015 year by 13%
03.02.2016 4747

H&M reports revenue growth in 2015 year by 13%

In fiscal 2015, Swedish retailer H&M opened 25 new stores in Russia and posted revenue growth of 13% to $ 410 million. The retailer's products are in demand even during the crisis, firstly, because the company is competitive in its price segment, and secondly, due to the optimal ratio of price and quality, and the retailer's revenue growth indicates the correct strategy for the development of the chain in Russia.

Recall that H & M is one of the largest retail chains in the world and the largest in Europe, specializing in the sale of inexpensive clothing, footwear and accessories for men, women and children.

In fiscal 2015, the Swedish retailer H&M opened 25 new stores in Russia and showed revenue growth of 13%, which amounted to 410 million ...
5
1
Rating

Latest News

Expo Riva Schuh & Gardabags unveils new logo

The Italian international exhibition of footwear and bags Expo Riva Schuh & Gardabags has updated its corporate identity and presented a new logo.
18.07.2025 190

Bottega Veneta Releases New Orbit Sneakers With Thinnest Soles

The Orbit Flash is a low-top lace-up sneaker made from soft suede and lightweight nylon with an ultra-thin sole and comes in three colorways including black, navy, light blue and yellow, and…
18.07.2025 217

Loro Piana under judicial supervision over worker exploitation case

LVMH-owned Italian luxury brand Loro Piana is under judicial supervision for one year over allegations of worker exploitation and inadequate supply chain controls, writes…
18.07.2025 339

New Balance Releases New Collaboration With Salehe Bembury

Photos have emerged of a new collaboration between New Balance and New York designer Saleh Bembury, a luxury streetwear designer who is vice president of sneakers and men's footwear at Versace…
17.07.2025 340

Converse Expects CEO Change

Jared Carver, CEO and president of the Converse brand, will step down after two years in the role. He will be replaced by Nike veteran Aaron Kane, who has been with the sportswear giant for more than 20 years and is vice president and…
17.07.2025 337
When you sign up, you will receive weekly news and articles about the shoe business on your e-mail.

To the beginning