[ad_1] Updated Dec. 12, 2023 5:04 pm ET Listen to article (1 minute) The average store size in the U.S. is the smallest it’s been in at least 17 years,…
Tag: HM-B.SK
H&M 3Q Sales Increased 6% on Year, Missing Forecasts
[ad_1] H&M reported a 6% rise in fiscal third-quarter sales, undershooting forecasts, but said its work toward hitting a 10% operating margin in 2024 was heading in the right direction.…
Zara Extends Lead Over H&M, Faces Down Threat From Shein
[ad_1] Business Retailer pulls further ahead of fast-fashion rival, as pricier offering helps differentiate the brand from low-price newcomer [ad_2] Source link
Stock Futures Edge Down Ahead of Key Inflation Gauge
[ad_1] U.S. stock futures edged lower, as investors awaited the release of a gauge of inflation closely watched by the Federal Reserve. [ad_2] Source link
H&M Profit Battered by Rising Costs, Russia Exit
[ad_1] The fast-fashion giant reported a 68% decline in annual profit after economic and geopolitical challenges hampered its efforts to rebound from the Covid-19 pandemic. [ad_2] Source link
H&M Pulls Justin Bieber Merchandise After Pop Star Urged Fans Not to Buy It
[ad_1] Business The singer says he didn’t approve the line of clothes and accessories [ad_2] Source link