Skip to main content
BoF Logo

Agenda-setting intelligence, analysis and advice for the global fashion community.

H&M's Ethiopian Supplier Invests in Factory to Boost Revenue

Ethiopia’s Almeda Textiles, which sells clothes to Swedish fashion chain H&M, plans to increase revenue by 50 percent to $30 million a year by 2018 by upgrading factory equipment and training staff.
By
  • Bloomberg

ADDIS ABABA, Ethiopia

Please sign in to ensure you can read our agenda-setting intelligence, analysis and advice. Or get in touch at support@businessoffashion.com if you experience difficulties.

© 2026 The Business of Fashion. All rights reserved. For more information read our Terms & Conditions

More from News & Analysis
Fashion News, Analysis and Business Intelligence from the leading digital authority on the global fashion industry.
view more
Latest News & Analysis
Unrivalled, world class journalism across fashion, luxury and beauty industries.

What Stops Beauty Shoppers From Buying More

Beauty brands must rethink upselling with smarter value plays, from curated bundles to jumbo sizes and subscriptions, to keep their customers from switching to the competition.


VIEW MORE
Agenda-setting intelligence, analysis and advice for the global fashion community.
CONNECT WITH US ON