Retail News

H&M using discounts to clear out billions in excess inventory

Ad Age 03/26/2018

H&M has said it is increasing discounts on clothing sold in its stores and online after finishing the quarter with more than $4 billion worth of excess inventory. Operating profit at the fast fashion retailer has fallen to its lowest level in over a decade.

MORE ON THIS STORY...

MORE RETAIL NEWS HEADLINES...

Discussions
Check out RetailWire's Engaging Online Discussions Featuring Our Exclusive Braintrust!