Clothing & Shoes

H&M revenue growth stalls in Q1

The group has attributed this slowdown in revenue growth to ‘unfavourable’ weather conditions due to a delayed start to spring in northern Europe

H&M Group has revealed a 6% year-on-year rise in revenues to SEK 57.6bn (£4.2bn) for the first 12 weeks ended 31 May, meaning a stall in the fashion retailer’s growth.

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