Clothing & Shoes

H&M sales lower than expected in Q3

The retailer’s net sales during the period only increased by 3% from the previous year at 57.5bn Swedish crowns (£4.7bn), which has reportedly failed to meet a 5% analyst expectation

Swedish fashion chain, H&M, has revealed that net sales were lower than expected in its third quarter, rising only by 3% to 57.5bn Swedish crowns (£4.7bn) in the period ended 31 August 2022.

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