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Reuters

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Entertainment

H&M seeks to lure US shoppers as fast-fashion rivals hike prices due to tariffs

Reuters
Summary
Nutrition label

80% Informative

H&M has around 500 stores across the U.S. in terms of sales, accounting for 13% in 2024 .

CEO Daniel Erver says constantly changing tariffs have created turbulence in the market.

Zara and Shein have also had to raise prices and suffered weaker customer growth since Trump ended duty-free treatment of low-value parcels.

VR Score

90

Informative language

96

Neutral language

70

Article tone

formal

Language

English

Language complexity

58

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

no external sources

Source diversity

no sources

Affiliate links

no affiliate links