RBC Capital Markets has flagged sluggish consumer demand in Germany as a growing risk for European retailers, cutting profit forecasts for both H&M and JD Sports Fashion PLC (LSE:JD., OTC:JDSPY).
Spain's High Court ordered H&M to immediately halt daily bag inspections of last-shift workers and monthly random locker searches, ruling on Monday that they violated employees' privacy rights.
H&M's Q2 earnings call highlights stronger margins and leaner inventory, but sales gaps, Western Europe weakness and logistics issues weigh on growth.
| Textiles, Apparel & Luxury Goods Industry | Consumer Discretionary Sector | Daniel Erver CEO | XFRA Exchange | 425883105 CUSIP |
| SE Country | 140,000 Employees | 27 May 2026 Last Dividend | 7 Jun 2010 Last Split | - IPO Date |
H & M Hennes & Mauritz AB (publ), headquartered in Stockholm, Sweden, is a leading global retailer specializing in clothing, accessories, footwear, cosmetics, home textiles, and homeware for women, men, and children. Founded in 1943, the company has grown to offer a wide range of products under multiple brand names, including H&M, H&M HOME, and several others. Besides retailing, H&M has also ventured into digital platforms for second-hand fashion and creative merchandise design and production. The company is dedicated to extending the lifespan of garments through innovative reuse and recycling solutions, demonstrating its commitment to sustainable fashion.