There might be fewer styles of sneakers, sweatpants, and other Nike apparel to choose from next time you go shopping, as the athletic company makes plans to cut back on its workforce and product lines. [More]
changing the plan
H&M Slows Down Store Openings, Shifting Focus To Online
By 1.31.17
For years, so-called fast fashion purveyor H&M (which stands for Hennes & Mauritz) has quickly opened store after store around the world to compete with rivals like Zara and others. Now, however, the company says it will slow down its pace of new store openings in order to concentrate on current stores and online sales. [More]
