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H&M Confirms it Has Rights to Justin Bieber Merchandise

The logo of H&M is on display outside a store on the day it closes, as the fashion retailer exits the Russian market, in Moscow, Russia November 30, 2022. REUTERS/Evgenia Novozhenina
The logo of H&M is on display outside a store on the day it closes, as the fashion retailer exits the Russian market, in Moscow, Russia November 30, 2022. REUTERS/Evgenia Novozhenina
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H&M Confirms it Has Rights to Justin Bieber Merchandise

The logo of H&M is on display outside a store on the day it closes, as the fashion retailer exits the Russian market, in Moscow, Russia November 30, 2022. REUTERS/Evgenia Novozhenina
The logo of H&M is on display outside a store on the day it closes, as the fashion retailer exits the Russian market, in Moscow, Russia November 30, 2022. REUTERS/Evgenia Novozhenina

Swedish clothes retailer H&M said on Thursday it had the rights to sell Justin Bieber merchandise it pulled from stores this week after the popstar said he had not given his approval.

"Justin's license holder has confirmed that H&M had the right contracts in place and followed all proper approval procedures for each selected design," H&M wrote in a statement.

On Monday, Bieber urged his 270 million Instagram followers not to buy the merchandise, calling it "trash" and said it was on sale without his approval. H&M pulled the items from sale.

"Out of respect for Justin, we removed the products from our site and stores, and we're working to find the best way to make use of them," H&M said, adding that the company had been Bieber's merchandise partner since 2016.

H&M, the world's second biggest fashion retailer, offered hoodies, t-shirts and sweatshirts with pictures of Bieber or quotes from his lyrics such as "I miss you more than life" from the song "Ghost".

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UK Fashion Group ASOS Confident on Growth amid Tariff Uncertainty

FILE PHOTO: A woman stands at an InPost locker with an ASOS package at her feet in Hackney, London, Britain, January 26, 2021. REUTERS/Simon Newman/File Photo
FILE PHOTO: A woman stands at an InPost locker with an ASOS package at her feet in Hackney, London, Britain, January 26, 2021. REUTERS/Simon Newman/File Photo
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UK Fashion Group ASOS Confident on Growth amid Tariff Uncertainty

FILE PHOTO: A woman stands at an InPost locker with an ASOS package at her feet in Hackney, London, Britain, January 26, 2021. REUTERS/Simon Newman/File Photo
FILE PHOTO: A woman stands at an InPost locker with an ASOS package at her feet in Hackney, London, Britain, January 26, 2021. REUTERS/Simon Newman/File Photo

British online fashion retailer ASOS reported half-year earnings ahead of expectations and forecast further growth in 2025, adding that it could also switch sourcing and distribution if needed to avoid the fallout from US tariffs.
While the jump in earnings on Thursday showed ASOS's long-term plan to return to growth and rebuild its fast fashion credentials with its 20-something customer base was starting to work, the retailer faces a new threat from global tariffs, Reuters reported.
The company said its more agile commercial model, which focuses on providing shoppers with new styles more quickly, put it in good shape to respond to the upheaval in global trade.
"We continue to closely monitor the evolving US tariff outlook and see opportunity to respond as necessary through improved agility and flexibility of our sourcing and distribution model," ASOS said in its statement.
For the 26 weeks to March 2, ASOS posted half-year adjusted earnings (EBITDA) of 42.5 million pounds ($56.43 million), higher than the 34 million pounds consensus forecast, and said it was on track for annual earnings to come in at between 130 million pounds to 150 million pounds.
ASOS, which is facing growing competition from Chinese-founded fast fashion giant Shein and Chinese online retailer Temu, in January said it would mothball its US warehouse, meaning most US sales are shipped from Britain in individual packages.
Analysts expect its US business to generate about 300 million pounds of revenue in the current financial year, or about 10% of total sales.