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Fans of fast fashion can expect more bargains this spring. Swedish retailer H&M said the amount of stock in its warehouse is ...
Gross margin was 49.1% compared to 51.5% last year. CEO Daniel Ervér said it continued to “optimise the store portfolio” through store closures, 40 net of which shuttered during the quarter. “Although ...
The U.S. government has suspended its contributions to the World Trade Organization as Trump calls for duties on the auto ...
H&M experienced a modest 1% rise in sales for March, following a weak first quarter driven by inflationary pressures. CEO ...
Swedish fast-fashion retailer H&M said on Thursday its sales were up just 1 percent in March after a weaker-than-expected first quarter, in a sign of a slow start to its spring and summer season. H&M ...
Retailer H&M has revealed weaker-than-expected sales as it was impacted by recent store closures. The Swedish fashion giant also posted a drop in profits for the latest quarter, driven by higher ...
Hennes & Mauritz AB said that stockpiles of unsold clothing, which hit profit in the first quarter, would be under control by ...
H&M has reported a 3% rise in net sales and 2% in local currencies for Q1, with CEO Daniel Ervér observing it fell short of ...
H&M is monitoring and preparing for tariffs, though these are a moving target given the uncertainty over which countries ...
Investing.com -- The CEO of H&M (ST: HMb ), a fast-fashion retailer, has indicated that the increase in import tariffs by U.S. President Donald Trump will likely result in higher prices for American ...
H&M's CEO warns that U.S. import tariffs introduced by President Trump will lead to higher prices for American consumers as the retail giant shifts its supply chain. With major manufacturing in China ...
LONDON (Reuters) - U.S. President Donald Trump's actions to raise import tariffs will drive prices up for American consumers, ...