Tag: the-window
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Weather exposes holes in H&M, Next clothing order chains
STOCKHOLM/LONDON (Reuters) – European fashion retailers blamed the weather for below-forecast figures on Thursday as Hennes & Mauritz sales were hit by a hot second half of August and Britain's Next discounted stock in July after a warm winter and cold spring. Zara-owner Inditex , by contrast, copes better because it can whisk the latest…
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Top fashion CEOs fear rising costs from climate change
The chief executives of seven top clothing companies, including Hennes & Mauritz Gap and Adidas , are calling on governments to agree a strong climate change deal, saying they fear global warming will drive up their costs. Almost 200 nations are meeting in Paris until Dec. 11, trying to work out a deal to limit…