A 40% increase in H&M's investment will keep the company's teams busy in 2023, when they will be working on a number of new projects

With revenues up 6% to €19.9 billion but net profit down by two-thirds, the H&M firm recently released mixed results for fiscal 2022 and revealed its strategy for the current year. H&M has decided to take the first step toward this goal by considerably increasing its investment spend...