Swedish clothing brand H&M Group has disclosed a modest decline in net sales for the fourth quarter (Q4) of the fiscal year ...
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.
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 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 ...
I am deeply grateful to our dedicated team and retail partners for making it all possible, and I'm excited about what we will accomplish together in 2025 and beyond." Q4 and 2024 Year-End Sales ...
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).