H&M reported weaker-than-expected fourth-quarter sales on Thursday due in part to a late Black Friday, but said sales were up ...
The Swedish fast-fashion group made modest gains, with the timing of Black Friday weighing on results in the key fiscal period ended Nov. 30, 2024.
H&M is speeding up the shift of its apparel sourcing markets to ones closer to key retail markets in a bid to buck US import tariffs.
AB B (LON:0HBP) tumbled 5.75% as the retailer reported fourth-quarter sales on Thursday that fell short of expectations and ...
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).
--H&M has cautioned on external headwinds from issues including product costs and freight as well as promotions in the fourth quarter, and analysts at Barclays believe the gross margin contracted ...