The youth of India will rejoice. Their bank accounts will drain. And Zara will mourn.

Hennes and Mauritz (H&M) is coming to India. Read more

One company’s blunder is another company’s opportunity.

On Wednesday, just as Chilean retailer Falabella announced that its profits were down over the first half of 2012, Swedish retailer Hennes & Mauritz AB, better known as H&M, said it would expand into South America, opening a flagship store in Santiago, Chile, during the first half of 2013. Read more