Oil Prices Rebound as U.S.-Venezuela Tensions Offset Oversupply Concerns 
Modi and Trump Hold Phone Call as India Seeks Relief From U.S. Tariffs Over Russian Oil Trade 
United Airlines Tokyo-Bound Flight Returns to Dulles After Engine Failure 
Russia Stocks End Flat as Energy and Retail Shares Show Mixed Performance 
Air Force One Delivery Delayed to 2028 as Boeing Faces Rising Costs 
Mexico Moves to Increase Tariffs on Asian Imports to Protect Domestic Industries 
Korea Zinc Plans $6.78 Billion U.S. Smelter Investment With Government Partnership 
CMOC to Acquire Equinox Gold’s Brazilian Mines in $1 Billion Deal to Expand Precious Metals Portfolio 
Azul Airlines Wins Court Approval for $2 Billion Debt Restructuring and New Capital Raise 
HSBC’s $13.6 Billion Take-Private Offer for Hang Seng Bank Gains Board Backing 
California Jury Awards $40 Million in Johnson & Johnson Talc Cancer Lawsuit 
Dollar Struggles as Markets Eye Key Central Bank Decisions and Global Rate Outlooks 
Oil Prices Rebound in Asia as Venezuela Sanctions Risks Offset Ukraine Peace Hopes 
Woolworths Faces Fresh Class Action Over Alleged Underpayments, Shares Slide 
Moore Threads Stock Slides After Risk Warning Despite 600% Surge Since IPO 
Fed Near Neutral Signals Caution Ahead, Shifting Focus to Fixed Income in 2026 
Asian Currencies Steady as Fed Delivers Hawkish Rate Cut; Aussie and Rupee Under Pressure 
Fashion giant H&M Group announced its Brazilian expansion set for 2025, with plans for both online and brick-and-mortar stores. The move, part of H&M's ongoing growth in Latin America, will be in partnership with retail operator Dorben Group.
H&M will open physical stores and an online trade hub to enter Brazil. The company confirmed these plans on Monday, July 17.
The brand already opened its very first store in Latin America in 2012, and it was built in Mexico. The company launched more outlets in the region, and currently, it has a presence in Costa Rica, Chile, Peru, Ecuador, Colombia, Uruguay, Guatemala, and Panama.
H&M said it will continue expanding its fashion brand in this part of America by entering major cities in Southeast Brazil. Later, it will add more countries and locations to boost the company's presence further.
According to Reuters, H&M is teaming up with the Dorben Group for its Brazilian expansion. The said company is operating retail businesses across 10 countries, so it can provide the support H&M needs for its store opening in Brazil.
The massive population in Brazil, totaling over 210 million, and the citizens' strong appreciation for fashion increase the possibility of the company's successful expansion campaign in this market. Coupled with the partnership with the Dorben Group, the likelihood of achieving success is tripled.
"We are thrilled to announce that we are opening our first store and online in Brazil in 2025. We've had good development in Latin America and see great potential in Brazil," H&M Group's chief executive officer, Helena Helmersson, said in a press release. " This is a very exciting step, and we look forward to bringing H&M's concept of fashion, quality and sustainability at the best price to many customers in the country."
Dorben Group's president, Mehdi Beneddine, further commented, "It is an honor and a privilege for us to enter into this partnership with H&M in Brazil, thereby strengthening our existing relationship with a leader in the fashion industry. This collaboration will enable both companies to leverage their unique strengths, resources, and expertise to unlock the incredible potential of the Brazilian market."
