![The H&M store in the Westfield Mall in Lower Manhattan in New York is seen on Tuesday, March 27, 2018. H&M reported that profit fell 62 percent last quarter because of markdowns The H&M store in the Westfield Mall in Lower Manhattan in New York is seen on Tuesday, March 27, 2018. H&M reported that profit fell 62 percent last quarter because of markdowns](https://c8.alamy.com/comp/MB38EN/the-hm-store-in-the-westfield-mall-in-lower-manhattan-in-new-york-is-seen-on-tuesday-march-27-2018-hm-reported-that-profit-fell-62-percent-last-quarter-because-of-markdowns-taken-to-move-inventory-richard-b-levine-MB38EN.jpg)
The H&M store in the Westfield Mall in Lower Manhattan in New York is seen on Tuesday, March 27, 2018. H&M reported that profit fell 62 percent last quarter because of markdowns
![The H&M store in the Flatiron District in Manhattan in New York on Saturday, June 30, 2018. H&M is reported to have in the vicinity of $4 billion in excess inventory which The H&M store in the Flatiron District in Manhattan in New York on Saturday, June 30, 2018. H&M is reported to have in the vicinity of $4 billion in excess inventory which](https://c8.alamy.com/comp/P8DPHA/the-hm-store-in-the-flatiron-district-in-manhattan-in-new-york-on-saturday-june-30-2018-hm-is-reported-to-have-in-the-vicinity-of-4-billion-in-excess-inventory-which-they-will-try-to-unload-by-discounting-during-their-third-quarter-of-2018-richard-b-levine-P8DPHA.jpg)
The H&M store in the Flatiron District in Manhattan in New York on Saturday, June 30, 2018. H&M is reported to have in the vicinity of $4 billion in excess inventory which
![What Went Wrong with H&M?. Once known for its lightning-fast… | by Kexin Leong | omnilyticsco | Medium What Went Wrong with H&M?. Once known for its lightning-fast… | by Kexin Leong | omnilyticsco | Medium](https://miro.medium.com/max/1400/0*G3FpGR35Q8vxDw_O.png)