Wed, Jun. 18, 7:08 AM
- Hennes & Mauritz (HMRZF) reports a 25% gain in net income to 5.81B kronor ($870M) in FQ2 to top the consensus estimate of analysts.
- The global retailer's gross margin rate slipped 30 bps to 60.8%.
- Spring collections sold well as H&M picked up market share.
- The company plans to open new online markets in Spain, Italy, and China this year and 375 stores this year.
Wed, Jun. 18, 3:44 AM
- H&M (HMRZF) is planning to add up to 10 new online markets and a shoe range after a solid performance in its second quarter.
- "We have had a good second quarter with a strong increase in both sales and profits and increased market share," says CEO Karl-Johan Persson.
- Net profit in Q2 rose 25% to $876M, from $693M in the same period of 2013. Sales including value-added tax totaled $6.7B.
- Hennes & Mauritz is planning to open 375 new stores worldwide this year.
Wed, Apr. 9, 11:09 AM
- Fast-forward companies have the scale to continue to put the pricing hammer to teen retailers (AEO, ARO, ANF, GPS, PSUN, ZUMZ, EXPR, BKE), according to analysts.
- Though the group has been shifting strategy to align closer to the new styles and pricing points that teenagers want, fast-fashion giants such as Hennes & Mauritz (HMRZF), Fast Retailing (FRCOY), and Inditex (IDEXY) appear to be at least a step ahead.
- What to watch: Critical to the successful transition of any teen retailer toward a fast-fashion model will be the ability to retool supply chains and cut down manufacturing turnaround times. Gap might have the edge in this area..
Wed, Mar. 19, 7:55 AM
- Hennes & Mauritz (HMRZF) continues to grow its global store base aggressively to positive results.
- The fast-fashion giant added 374 stores last year to take its store count to close to 3.2K.
- Analysts think the retailer has an edge over other brick & mortar apparel sellers because consumers are more eager to shift through its low-cost variety of clothes.
- What to watch: H&M is looking to build out its brand in the U.S. as well. Channel checks indicates its online business is vibrant in the region.
Wed, Feb. 12, 9:12 AM
- Hennes & Mauritz (HMRZF) plans to open its first store in India sometime during the second half of the year.
- The global retailer received final approval from the Indian government in December to set up shop in the region.
- Forecasts for spending in the clothing market in India are sky-high, but political risks still abound.
Wed, Jan. 15, 9:59 AM| Comment!
Dec. 4, 2013, 11:01 AM
- Lululemon (LULU -1%) has another competitor in the yoga/athletic space as Hennes & Mauritz (HMRZF) struts out some new lines, notes Hedgeye's Brian McGough.
- The retailer reportedly had decent store traffic during the Black Friday weekend with a low level of discounting and has been added to Janney Capital's 2014 Best Ideas List. Despite heavyweights such as Nike, Adidas, Under Armour, and Gap encroaching into LULU's categories - many retail analysts see demand strong enough to sustain the group.
Oct. 15, 2013, 7:35 AM| Comment!
Jul. 29, 2013, 1:37 PM
- Hennes & Mauritz (HMRZF.PK) will launch an online store in the U.S. next month.
- The retailer will trail rival Zara into the online U.S. market by close to two years and could face difficulty making a splash with heavyweights like Urban Outfitters already well-entrenched with mobile and online consumers.
Jun. 19, 2013, 7:26 AM
May. 30, 2013, 7:15 AMA number of retailers are setting up shop in Mexico to test the waters with stand-alone stores amid an alluring decline in tariffs in the nation. The aspirational aspect of young Mexican consumers bodes well for Gap (GPS), American Eagle Outfitters (AEO), Hennes & Mauritz (HMRZF.PK), and Forever 21 - but the influx of new retailers has cut into sales for the local arm of Wal-Mart (WMT). | 1 Comment
May. 22, 2013, 1:43 PMGoogle just released a new tool under Google Trends to rank the highest search terms per category. Though it's not quite actionable advice quite yet, a lot of scientific abstracts have been making a solid case that in some industries a correlation between Google searches and stock prices exists. The trick is separating negative searches from positive ones. The most searched fashion brands on Google: 1) Forever 21 2) American Eagle Outfitters (AEO +2.3%) 3) Hennes & Mauritz (HMRZF.PK) 4) Tiffany (TIF +0.2%) 5) Hollister (ANF +1.2%). | 1 Comment
Apr. 26, 2013, 7:23 AM
Mar. 21, 2013, 7:22 AMEurope retail watch: Hennes & Mauritz (HMRZF.PK, HNNMY.PK) saw sales increase 2% Y/Y to 28.4B kronar ($4.39B) during FQ1 while profit slumped 10% to 2.46B kronar ($380M). Execs warn that 2013 will be challenging as a severe bout of cold weather delays the start of spring collections in key markets. | Comment!
Mar. 18, 2013, 10:17 AMHennes & Mauritz (HMRZF.PK, HNNMY.PK) will increase its presence in the U.S. and launch an e-commerce channel, according to Women's Wear Daily. Analysts think the Swedish company's fresh brands could strike a chord with fashion-conscious women shoppers. Watching H&M: ANN, CWTR, CHS, WTSL, CACH, LTD, BODY, ASNA, NWY, CBK. | Comment!
Dec. 17, 2012, 6:46 AMHennes & Mauritz (HMRZF.PK, HNNMY.PK) beat expectations for a sharp decline in comparable store sales in November as it recorded 32.5B Swedish kroner ($4.87B) during the period. It's a sign of life for the European retail sector which could bode well for select U.S. retailers selling on the continent. | Comment!
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