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H&M’s Extensive Turnaround Plan Not Expected to Gain Traction Until 2019

Join the U.S. Cotton Trust Protocol webinar on July 15 at 11 am ET to learn about the findings of a COVID-19 and sustainability survey and how the protocol aids better transparency and reporting.

Count H&M among the retailers attempting to turn things around. The fast-fashion retailer last month reported a 34-percent drop in profits on a 4 percent drop in sales in Q4 of 2017, marking two years of disappointing performance. During its Capital Markets Day, the company acknowledged the areas in which it needs to improve and…

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