Like-for-likes still down at H&M

Turnover at Swedish fashion group H&M was up 9 per cent in June, but like-for-likes remain down at -1 per cent compared with last year.

In May, like-for-like sales were down 5 per cent and total sales up 13 per cent.

Last month the group reported that profits were up 11 per cent for the half-year to May 31, totalling SEK6.6 million (£491,825).

H&M has 1,239 stores in 22 countries.