H&M cannot win on price alone and must make its clothes more trendy and of higher-quality in the fiercely competitive fast-fashion sector, its CEO Daniel Erver told Reuters. In his first year as CEO, ...

The original idea was simple: make runway fashion cheap ... fashion can turn a profit is if they sell a ton of clothes, which they do. H&M's yearly sales in 2017 were $25 billion, and their ...

A majority of the clothes H&M collects end up being donated ... and the existing technology isn't adequate to handle the volume needed to make a difference for the planet. And since manufacturing ...