|Bid||127.16 x 0|
|Ask||127.20 x 0|
|Day's Range||125.30 - 127.24|
|52 Week Range||125.30 - 245.80|
|PE Ratio (TTM)||13.00|
|Forward Dividend & Yield||4.85 (3.78%)|
|1y Target Est||N/A|
Top Australian department store chain Myer Holdings Ltd slumped to its biggest half-yearly loss since listing as it wrote off the value of its underperforming assets, conceding flawed execution of its strategy and an inadequate response to online competition. The result may provide ammunition for Myer's biggest shareholder, billionaire retail investor Solomon Lew, who has been using his 10.7 percent stake to lobby smaller shareholders for support as he seeks to remove Myer's entire board.
European stocks end higher in Thursday’s session, with broad-based gains indicating a pickup in risk appetite after two sessions of losses that were in part spurred by fears of a global trade war
Shares in the world’s second-biggest fashion retailer H&M Hennes & Mauritz fell to their lowest level since 2005 on Wednesday after the group said first-quarter revenue would be lower than expected. The ...
Disruptive technologies -- think e-commerce, ride-sharing or social media -- are knocking some of the world’s biggest companies off kilter and erasing billions of dollars in market value.
Hennes & Mauritz AB shares plunged 33 percent in 2017, marking their worst year since the beginning of this century. But short trading data shows hedge funds are expecting the Swedish fashion retailer ...
Investors in Hennes & Mauritz AB left its first ever capital markets day wondering whether the retailer is aware its clothes seem to be going out of fashion.
H&M said that this year will be challenging as it continues to build its online presence. Nevertheless, as sales from both the internet and new stores grow, it expects improved results in 2018.
Hennes & Mauritz AB rented a historic Stockholm concert hall for Chief Executive Officer Karl-Johan Persson to explain the struggling apparel chain’s turnaround plans to shareholders. The message fell ...
Hennes & Mauritz AB was getting ready to reassure investors with a turnaround plan at its first ever capital markets day on Wednesday.
U.S. teen retailer rue21 Inc is seeking financing after lackluster holiday sales failed to generate the cash it had hoped for, people familiar with the matter said on Friday. The move makes rue21 the latest U.S. brick-and-mortar retailer to have emerged from bankruptcy with its debt pile reduced only to end up struggling financially again, as shoppers shift much of their spending online and consumer tastes change rapidly. The retailer, known for its low-priced fashion-forward apparel for young men and women, has hired investment bank Piper Jaffray Companies to help raise funds, the sources said.
Swedish fast-fashion retailer Hennes & Mauritz (H&M) is on a tear in India. Rapid store openings and competitive pricing have helped the company register a turnover of Rs955 crore for the year ended Nov. 30, 2017, up 94.5% from the previous year, H&M said in its earnings release last week. The company also added more…
Rather than trying to add more products, new stores and marketplaces into the mix, it should fix the mess it is in at its flagship H&M brand.
Delivering up-to-the minute news, analysis, interviews and explanatory journalism on logistics, supply-chain management, e-commerce and more
Hennes & Mauritz, a laggard in retail’s shift online, set out its strategy to bridge the gap with rivals after reporting a sharp fall in quarterly profit.
STOCKHOLM (AP) — Shares in low-cost fashion brand Hennes & Mauritz AB plunged on Wednesday after the Swedish company said it was having trouble adapting to a rapid and global shift to online shopping among consumers.
H&M laid out plans to help it catch up with rivals after seeing net profit slump 32% in the fourth quarter following a bout of heavy price cutting and lower footfall to its stores.