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H&M Group's has said net sales increased by 20% to £8.4bn in the six months to 31 May, as a result of an increase in full-price sales.
H&M Group sales rise as it continues on its post-pandemic recovery with sales across all markets jumping 12% in its second quarter.
H&M has opened a new shop in Gateshead's Metrocentre, which it hopes will "lead the store of the Northeast".
H&M and Ikea's largest franchisee Ingka Group have opened the first Atelier100 store at the Livat shopping centre in Hammersmith, London.
H&M is opening a world-first 2,713sq m store at the Trafford Centre in one of it's biggest store investments this year.
Ikea and H&M have teamed up to create an “ideas factory” on the high street that aims to search for designers and small-scale manufacturers in London in an effort to mentor and promote them.
Shein, the online only Chinese fast-fashion retailer has a confirmed valuation of $100 billion following a successful investment round.
Following the death of a 20 year old garment factory worker in India, H&M has pledged to end shopfloor sexual violence in the country
H&M will shutter 240 stores across the world following a slowdown in sales.
H&M sees sales soar during its first quarter of the year as pandemic effects ease, while the retailer's outlook looks more uncertain.