Business
H&M announces store closures amid rise in fast fashion competitors like Kmart and Big W – NEWS.com.au
H&M announces store closures amid rise in fast fashion competitors like Kmart and Big W
H&M store closures across Australia could be due to fierce competition in fast fashion from local retailers like Kmart and Big W.The Swedish fashion retailer confirmed it is planning to close two of its 49 Australian stores – H&M Townsville and H&M Rockhampton on March 15 – after shuttering its Chatswood site in North Sydney in January.
Dr Gary Mortimer, Queensland University of Technology retail expert, was surprised that H&M was shuttering stores but said the fast fashion segment in Australia…
-
Business20 hours agoBell Potter names more of the best ASX 200 stocks to buy in April
-
Noosa News19 hours agoTeenager sentenced to 12 years for ‘heinous’ Acacia Ridge murder
-
Noosa News17 hours agoGirl’s death in a Queensland cult
-
General17 hours agoTeen driver on cocaine racing to Perth nightclub before high-speed crash that killed Nick Campo, court hears