If H&M is sneezing, does the rest of mid-market fashion have a summer cold?
In the half to May 31, H&M operating profits slumped to SEK 7.12bn, compared to SEK 9.18bn the previous year. While net sales in local currencies increased by 1%, and when converted came to SEK 112.05bn versus SEK 113,27bn.
Already have an account? Sign in here