Swedish clothing retailer H&M says it had the legal right to sell Justin Bieber merchandise. Merchandise was removed from stores this week after the pop star claimed he had not given permission. Items were hoodies, t-shirts, and sweatshirts with lyrics from his songs. Swedish clothes retailer H&M (HMb.ST) said on Thursday it had the rights … Read more
Just two days after the singer criticized the Swedish shop for exploiting his name. likeness without “permission,” H&M withdrew all of its Justin Bieber items. H&M pulls Justin Bieber merchandise Despite claiming to have “followed proper approval procedures,” business representatives told that they ultimately chose to cancel the line “out of respect” for the “Stay” … Read more
On Monday, the musician, 28, criticized the merchant on his Instagram Stories For reportedly selling a line of merchandise bearing his name and image without getting his permission. Fans shared images of other items from the collection on Twitter. Over an empty orange screen, Bieber wrote, “I didn’t approve [sic] any of the merchandise collection … Read more
Justin Bieber criticized H&M on social media for carrying his stuff H&M selling its product without his consent. All without my permission and approval SMH I WOULDN’T BUY IT IF I WERE YOU.” Justin Bieber criticized H&M on social media for carrying his stuff and insisted that they did so without his consent. “I DIDN’T … Read more
The company suspended its business in Russia. In early March following Moscow’s invasion of Ukraine. Russia was H&M’s sixth biggest market. The company was increasing its store count there. The entire wind-down is expected to cost about 2 billion Swedish crowns ($191.3 million). H&M (HMb.ST), the world’s second-greatest style retailer, said on Monday it had … Read more
Nike joins a growing list of Western companies pulling out of Russia over Ukraine. Nike says it will not reopen the stores and stop selling its products in Russia. It added that its website and app will no longer be available in the country. Nike said Thursday it will be permanently leaving the Russian market … Read more
Russian shopping malls are “de-energized.” They are losing up to 30% of their footfall. This appears as a result of the migration of Western brands. According to the son of one of Russia’s most prominent property developers, Russian shopping malls are “de-energized” and are losing up to 30% of their footfall as a result of … Read more
MADRID – Zara fast-fashion chain owner Inditex posted a record third-quarter profit as in-store sales rose above pre-pandemic levels, the Spanish retail giant said on Wednesday. Net profit in the three months to the end of October hit an “all-time record” of 1.23 billion euros ($1.39 billion), a 42 percent jump over a year earlier, … Read more
