Page 2 - H&m
Top 10 biz headlines: Firms may get tax relief, fresh DHFL default & more
From DTC task force recommending slashing of corporate tax to 25% for domestic and foreign firms to DHFL defaulting on financial repayment obligations, here are the top business headlines for Tuesday
 "Top 10 biz headlines: Firms may get tax relief, fresh DHFL default & more")
H&M inks agreement with Myntra to cash in on online fashion boom
H&M gets over 15% of its sales from online channel in India, which is higher than its global average
 "H&M inks agreement with Myntra to cash in on online fashion boom")
As profit declines, H&M will have to slash prices for merchandise shifting
STOCKHOLM (Reuters) - Fashion retailer H&M will have to cut prices further to help shift growing piles of unsold merchandise over the summer after another decline in quarterly profit, it said on Thursday.
 "As profit declines, H&M will have to slash prices for merchandise shifting")
Swedish retailer H&M's pile of unsold garments grows as earnings plunge
The stock slumped to the lowest level since 2005
 "Swedish retailer H&M's pile of unsold garments grows as earnings plunge")
H&M steps on the gas to penetrate into tier-II cities this month
Swedish fashion retailer H&M is stepping up its expansion plans with four new stores slated to open this month, as it looks to become a pan India player.After metros, H&M is getting into tier II cities such as Indore, Coimbatore and Amritsar where stores are smaller in size_18,000 to 19,000 square feet_about 30 per cent smaller than its stores in Mumbai. The four stores will add space of 75,000 sq ft.H&M, which is two year old in the country, currently has 17 stores and looking to end the year with 25 stores.In comparison, its main rival Zara whose parent Inditex has a JV with Tata owned Trent, opened its first store in the country in 2010. It has 21 stores in eight cities and plans to open two to three stores a year going ahead.H&M's store in Indore will be opening on September 16 at Treasure Island Next followed by Prozone Mall in Coimbatore on September 22 and Woodburn Central in Kolkata on September 23. H&M will also open its first store at the Mall of ...
 "H&M steps on the gas to penetrate into tier-II cities this month")
H&M expands reach, to open stores in Indore, Kolkata, Coimbatore, Amritsar
Swedish fashion retailer Hennes & Mauritz (H&M) will enter four new Indian cities this month as it aims to take the number of stores to over 25 by the end of 2017. "H&M will be opening stores in Indore, Kolkata, Coimbatore and Amritsar this September," the company said in a statement. "The brand has identified immense potential in these markets and with an accumulated space of over 75,000 sq.Ft these stores will be opened in key locations," it added. At present, H&M operates 17 stores across India. Earlier this year, the company said it will not restrict itself to metros cities in India and will look to grow its store chain in new markets. H&M opened its first stores in Delhi in India in 2015.
 "H&M expands reach, to open stores in Indore, Kolkata, Coimbatore, Amritsar")
Too early to call H&M a profitable retailer, say Rivals
After Delhi and surrounding towns last year, H&M also opened stores in Mumbai, Chennai and other cities and got good response
 "Too early to call H&M a profitable retailer, say Rivals")
H&M to open first store in Punjab
This will be the fashion retail giant's sixth store in India
 "H&M to open first store in Punjab")
H&M, Zara square off in Mumbai
H&M, the Swedish fashion retailer, has already announced that it will open its maiden stores in Mumbai this autumn while Zara is adding four more stores
 "H&M, Zara square off in Mumbai")
