The Financial Express on MSN

H&M shutting shops in Europe to go big in India, but its story is more complicated

In contrast, H&M is expanding in Latin America with two stores in Sao Paulo which were inaugurated in August and four more in line by November of this year.

Fashion brand Desordre collapses owing millions, stores closed

An Australian business once described as a “cult fashion empire” has collapsed owing $2.4 million with influencers, stylists, models and big name luxury brands owed money.