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Sales inch up at H&M

8 days ago   |   By Drapers

H&M Group has reported a 2% lift in sales for the second quarter of 2018.
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H&M Q2 Sales Up 2% But Flat at Constant Currencies

H&M Q2 Sales Up 2% But Flat at Constant Currencies

8 days ago   |   By WWD

PARIS - Hennes & Mauritz reported a two percent rise in second quarter sales as the fast fashion retailer pursues a broad restructuring hinged on technological investments and redesigning stores.
Sales for the March-May period totaled 60.46 billion Swedish kronor, or $6.9 billion, flat in terms of local currencies compared to the same quarter last year.
The Swedish company said that its network counted 4,801 stores, 303 more than it had at the same time last year.
Analysts are keeping close tabs on H&M's turnaround efforts after it fell behind rivals like Zara-owner Inditex in areas like...
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