Nordic fashion and lifestyle brand Arket, part of the H&M Group, is expanding its presence in the UK with the opening of a new flagship store in London, alongside the opening of its first flagship store in Ireland in Dublin, both due to open later this year. The London flagship will be located on Kings Road in the vibrant Chelsea district and...
12 Mar 2025
Nordic design and lifestyle brand Arket, part of the H&M Group, is continuing its international expansion with the opening of its first store in Greece. The new store will be located in Athens and is due to open this year to become the brand’s first physical destination in Greece. Pernilla Wohlfahrt, managing director at Arket, said in a...
4 Feb 2025
H&M-owned lifestyle brand Arket is set to make its delayed entry into the Austrian market, announcing plans for a Vienna flagship store in 2025 - a full eight years after the brand's initial European launch. The move raises questions about the Swedish retailer's traditionally conservative approach to expansion in Central Europe. While brands...
20 Nov 2024
Asos is building on its relationship with the H&M Group through the exclusive launch of its Nordic design brand Arket. The label’s autumn/winter 2024 collection is now available via the British e-tailer, expanding its reach whilst growing the offering of Asos itself. In a release, Asos said the launch reflected “a shared commitment to providing...
17 Sept 2024
Nordic lifestyle brand Arket on Tuesday opened its first Italian store in Milan. The 1,000 square metre flagship occupies two floors of the historic Medelan Building on Piazza Cordusio, formerly the headquarters of Credito Italiano bank. The store's design marries Arket’s signature monochrome aesthetic with elements inspired by Italian...
2 Jul 2024
How to make money in fashion without making new clothes? That is ultimately the question that needs to be solved by the industry in view of the current take-make-waste models that churn out 100 billion (!) pieces of new clothing each year only to be discarded after a few wears. The Ellen MacArthur Foundation has announced a new initiative called...
21 May 2024
First quarter net sales at the H&M group declined to 53,699 million Swedish krona, while gross profit increased by 7 percent to 27,655 million Swedish krona, corresponding to a gross margin of 51.5 percent. The H&M group’s sales from March 1 to March 25, 2024 increased by 2 percent in local currencies compared with the same period the previous...
27 Mar 2024
Nordic fashion and lifestyle brand Arket, part of the H&M Group, has announced it is opening its debut flagship store in Ireland as it continues to expand its presence in Europe. The new Irish flagship will be located in Dublin and is due to open this year. It will offer a curated selection of ready-to-wear and accessories for women and men,...
21 Mar 2024
H&M-owned Arket has announced a collaboration with Bundlee, a children’s clothing rental service. Founded in London in 2018, Bundlee specializes in circular children's apparel and extending the lifespan of a category which is typically worn for a limited time. Through the partnership, subscribers gain access to the rental of Arket’s essential...
26 Jan 2024
Fashion and lifestyle brand Arket, part of the H&M Group, has opened its first-ever concession at Selfridges London. The new shop-in-shop joins its four other UK standalone stores in London, including Oxford Street, Regent Street, Westfield Stratford City and Covent Garden, and showcases the brand’s womenswear collection. Arket Selfridges is...
28 Nov 2023
Nordic fashion label Arket is setting its eyes on Spain with plans to open its first store in the market in 2023. The brand, which is owned by fast fashion giant H&M, is set to open a flagship store in Barcelona this autumn. While the exact location of the new store is unknown, it will carry a mix of the Stockholm-based brand’s ready-to-wear and...
5 Jul 2023
H&M Hennes & Mauritz AB group’s net sales in SEK increased by 9 percent in the first half-year to 112,488 million Swedish krona. In local currencies net sales increased by 1 percent. As communicated earlier, for the second quarter, the company’s net sales increased by 6 percent to 57,616 million Swedish krona, while in local currencies, net...
29 Jun 2023