Facebook Pinterest Search Icon SourcingJournal_horiz Tumbler Twitter Shape photo-camera graph-trend Shape latest-news icon / user
You will be redirected back to your article in seconds

H&M Decreasing Store Count as Digital Blossoms

When it’s deliver-or-die, supply chains become the lifeblood of a company. To that end, the fashion industry has embraced technology to navigate today’s hyper-complicated supply chain, with myriad solutions shaping the first, middle and last mile. Call it Sourcing 2.0.

Hennes & Mauritz AB revealed plans to double sales by 2030, and with an increasing focus on digital, it doesn’t need as many stores. The fast-fashion retailer will close up to 240 locations in 2022. In a Nutshell: Noting that the pandemic has accelerated that ongoing transformation in retail to digital, H&M said it continues…

This content is for Annual and Limited members only. You can read up to five free articles each month with a Limited Level Subscription. Please log in, or subscribe.

Log In Subscribe

More from our brands

Access exclusive content Become a Member Today!