Fashion retailer H&M is considering changing its business model in the near future. The Swedish retailer is experimenting with selling external brands and products, both in selected stores and on its online platform. Swedish news site Breakit discovered a job advertisement, in which the fashion company expressed interest in a Head of External Brands. Part of the job
Zalando to charge money for delivery
Following a recent decision by H&M to limit free shipping, Zalando will now no longer ship ordered products for free as a standard. In Spain, Ireland and the United Kingdom, the company starts requesting fees for the delivery of small packages. One of the reasons that Zalando grew big in the past couple of years was their flexible return policy (free up to 100 days).
H&M to limit free shipping because of sustainability
H&M, a clothing retailer with shops present in over 70 countries globally, decided that free shipping is unsustainable for profitability. In sixteen of the countries that the retailer operates in, H&M has introduced a loyalty membership. However, they have now started introducing a minimum order amount for their members if they want free shipping. The H&M
H&M and Klarna announce partnership
H&M and Klarna have entered into a global partnership, the fashion retailer announced. Together, H&M and Klarna will further integrate H&M’s digital and physical stores to give customers a seamless, personalized and engaging shopping experience no matter where, when and how they shop. This partnership will power the loyalty programme H&M Club payment programme,