Value fashion retailer H&M has posted a year-on-year sales increase of 15 per cent for July.

The jump follows an increase in sales of 8 per cent in June.

The retailer also disclosed that it has added 179 stores over the past year, taking its total to 1,601 worldwide.

Additions to H&M’s portfolio include a store in Cairo, Egypt, which the retailer opened in June.

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