H&M

Latest news and articles about H&M from NEX English

H&M Reports Decline in Q1 Sales Due to Weak Consumption

H&M, the Swedish fashion giant, announced a decline in its sales for the first quarter of the current year, falling short of expectations amid challenging economic conditions. This downturn is attributed to weak consumer spending and significant negative impacts from currency fluctuations.

H&M Reports Decline in Sales Despite Operational Profit

Hennes & Mauritz AB, known as H&M, announced a decline in sales for the first quarter of the year, with results falling short of expectations. However, the company managed to achieve operational profits due to cost control strategies.