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H&M's sales still lag pre-pandemic levels as restrictions bite
15-09-2021, 09:52 AM
Příspěvek: #1
H&M's sales still lag pre-pandemic levels as restrictions bite
H&M's sales still lag pre-pandemic levels as restrictions bite


[Obrázky: 2021-09-15t061024z_1_lynxmpeh8e06v_rtrop...k=5T78XKWc]


Sales at fashion retailer H&M grew less than expected in the three months to the end of August, staying below pre-pandemic levels as restrictions kept shoppers away from stores.

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The Swedish group said on Wednesday sales grew 9per cent from a year earlier, or 14per cent in local currency terms, to 55.6 billion crowns (US$6.46 billion). Analysts polled by Refinitiv on average forecast net sales growth of 14per cent.

Net sales at the world's second biggest fashion retailer were down 11per cent from the same quarter of 2019 before the pandemic, when they were 62.6 billion crowns.

H&M, whose shares were down 3per cent in early trade, said the pandemic continued to hit sales, with considerable variation between markets.

"Lockdowns and restrictions have continued to hamper development, particularly in Asia. However, as restrictions have been eased, sales in store have picked up in many markets while online sales have continued to increase," it said.

H&M returned to profit in its April-June quarter from a loss a year earlier due to the pandemic, with sales 4per cent higher than in 2019. But sales slowed towards the end of the quarter.

H&M's recovery has lagged market leader Inditex, the owner of Zara, which on Wednesday reported a 7per cent rise in May-July sales compared to the same period in 2019.
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28-09-2021, 08:45 PM
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13-10-2021, 07:05 PM
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Environmental and safety issues evolve with the advent of new technology and air pollution emerge. EN 16524 2020 is one of the documents that could help with this issue.This document describes a methodology for reducing the overall environmental impact of products through design and development that is adapted to mechanical products as described in 3.1.This technique is especially suited to redesign an existing product. However, it can also be used to design new products if assumptions about the reference product are established. This method is suitable for businesses that have chosen to incorporate ecodesign principles to maximize environmental impacts throughout the entire lifecycle of the product. Additionally, it addresses other aspects of the product, such as functionality, cost, and quality.It also meets certain specifications in ISO 14001 2015 regarding the integration environmental aspects in product design. This document is targeted at those who are directly involved in the design and development of mechanical products. It also targets decision-makers and managers responsible of corporate policies and decisions. The method is intended to help kickstart ecodesign initiatives within organizations in a learning and continuous improvement process.The template could be utilized by companies as part of their communication about their approach to environmental sustainability. The document is not meant to be used for comparing the products of different suppliers. This document is not intended or suitable for product certification.This document is especially relevant in the 21st century, so you should consider the possibility of acquiring it and incorporate it into the business activities of your organization. Check out the recommended clc catalog standards en-50050-2-2013 blog.

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