The Latest Breaking News from HM

The store is set to close its doors soon

The fashion and homeware giant is being forced to close some of its stores due to a 'rapid change in customer behaviour'

H&M said a "rapid change in customer behaviour" is to blame for its decision to shut the doors of some branches but could not confirm if there were going to be job losses as a result of the move

Low-cost fashion brand H&M says its net profit for the year ending November 2022 fell 68%, while it took a hit of 864 million Swedish kronor ($84 million) in the fourth quarter

H&M, the world's second-biggest fashion retailer, reported on Friday a much larger dive than expected in September-November operating profit, slammed by soaring costs and weakening consumer confidence. Operating profit in the period, the Swedish group's fiscal fourth quarter, was 821 million Swedish crowns ($79.7 million) against 6.26 billion a year…

For silky smooth comfort

One shopper said: "Can't tell you how stunning these are on!"

There are cheaper alternatives that might be easier to get your hands on

You need your big coat on this week, says the M.E.N's Bethan Shufflebotham

Everythin5pounds.com usually sells sought after clothes, shoes, bags and accessories for £5 or slightly more - but it currently has an up to 50 per cent off sale on, as well as an extra discount code.

Fashion fans can possibly nab major branded clothes from Everything5pounds.com for much less.