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Under pressure from Shein, H&M reaches for upmarket shoppers, Retail News, ET Retail

"There s no doubt that Shein is a disruptor. They have come into the market and grown very fast, which I m sure has surprised H&M," said Adil Shah, portfolio manager at Storebrand in Oslo, which holds H&M shares. H&M s sales fell 4% in its fourth quarter, losing ground to Zara, whose parent company Inditex saw sales growth of 7% for its most recent quarter. ....

Nord Trøag , Adil Shah , H Amp M , Online Retailer , Alistair Wittet , Fashion Retailer ,

Italy stagnating, Q4 almost at a standstill - Confindustria - Business

The Italian economy is in stagnation and in the fourth quarter of 2023 GDP growth is almost at a standstill, Italy's leading industrial association Confindustria said on Saturday. "Inflation has come down, but the economy is weak. (ANSA) ....

Carlo Bonomi , Confindustria President Carlo ,