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Retail

COS to launch its first store in Iceland

COS, one of the brands under the H&M Group, has announced its plans to enter the Icelandic market, with a store in the country’s capital, Reykjavík, set to open later this year. The announcement was made on H&M’s website, but no further details were given about the store or its launch date. The first COS store opened in the UK in 2007. Since...

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BusinessFeatured

Expanding or retracting? H&M closes Cheap Monday after rethinking /Nyden

H&M is undoubtedly one of the most successful fashion companies of our time. But as consumers question the social and environmental impacts of the fast fashion model and online players such as Asos and Boohoo offer fierce competition, the last decade has seen the Swedish apparel giant looking to rely less on its namesake brand. In the last two...

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