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Ethiopia’s Almeda Textiles

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News & Analysis

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.

News & Analysis

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.