H&M, a Fashion Giant, Has a Problem: $4.3 Billion in Unsold Clothes - New York Times

New York Times

H&M, a Fashion Giant, Has a Problem: $4.3 Billion in Unsold Clothes New York Times The company outlined the inventory buildup in its latest quarterly report, prompting questions of whether it can adapt to fierce competition and changing consumer tastes. Fashion giant H&M owns $4.3 billion of unsold clothesHonolulu Star-Advertiser H&M Profit Drops to 16-Year LowThe Business of Fashion H&M cuts prices after cold snap leads to profits slumpThe Guardian Bloomberg -Cision all 109 news articles »