Clothing & Shoes
H&M FY profits rise despite weaker Q4 sales
The group also opened 88 new stores and continued to optimise its store portfolio during the period with the group now operating over 4,200 stores
H&M boss Daniel Ervér has said the Swedish retailer is “on track” as it revealed FY operating profits in the year to Nov 30 jumped 28% to SEK 17.3bn (£1.2bn).
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