(Bloomberg Gadfly)—Hennes & Mauritz has joined the ranks of the squeezed middle. Sales growth excluding currency movements slowed to just 1 percent in September, the lowest rate of expansion for more than a year, the company said Friday. The ... National Real Estate Investor, 3 weeks ago
The H&M Sandwich - Bloomberg, 3 weeks ago
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Hennes & Mauritz AB said it may need to continue cutting prices in the fourth quarter following a weak start to the autumn season, compounding the subdued outlook facing European fashion retailers. Revenue growth decelerated to about 1 percent this ...Bloomberg, 3 weeks ago
Shoppers stand in line to enter during the grand opening of the Hennes & Mauritz AB (H&M) flagship store in New York, Fast-fashion powerhouse H&M has built its business on an ability to identify the biggest runway trends, and quickly produce its ...CNBC, 1 month ago
European fashion retailers blamed the weather for below-forecast figures on Thursday as Hennes & Mauritz sales were hit by a hot second half of August and Britain's Next discounted stock in July after a warm winter and cold spring. Shares in the ...4 Traders, 1 month ago WRAPUP 1-Weather exposes holes in H&M, Next clothing order chains Reuters UK, 1 month ago
Budget fashion retailer Hennes & Mauritz ( >>H & M Hennes & Mauritz AB ) has reported a rise in sales in August that was little more than half of what analysts had expected, with the company saying unusually hot weather in key markets had kept ...4 Traders, 1 month ago H&M Shares Drop After Chain Says Hot August Weather Kept Shoppers Away Fortune, 1 month ago H&M says hot weather kept shoppers away in August Yahoo! UK and Ireland, 1 month ago UPDATE 1-H&M says hot weather kept shoppers away in August Reuters UK, 1 month ago
Swedish fashion giant Hennes & Mauritz (H&M) has demanded two of its Myanmar suppliers immediately establish an action plan after learning teenagers as young as 14 have been working for more than 12 hours a day in factories near Yangon. According ...Myanmar Insider, 1 month ago
/PRNewswire/ -- Clothing made of citrus by-products, microbes that digest waste polyester, and an online marketplace for textile leftovers are some of the five disruptive ideas that shared the first €1 million Global Change Award grant in 2015.PR Newswire India, 1 month ago
The Stoxx Europe 600 was up 0.1% at 338.72. Financial , consumer goods and industrial shares were higher, but oil and gas , health care and basic material issues were in the red. "Looming central bank updates ... continue to burden investors ...Morningstar.com, 1 month ago European Stocks Break Losing Streak As Fed Rate-hike Views Dim Investors Hub, 1 month ago EUROPE MARKETS: European Stocks Break Losing Strea... ADVFN UK, 1 month ago EUROPE MARKETS: European Stocks Edge Up As Oil Turns Higher Morningstar.com, 1 month ago
Gap Inc. said same-store sales, a key industry metric, fell 3% in August, evidence that the struggling retailer still has work to do. The Banana Republic business continues to be the biggest drag across Gap's brands. Sales at existing Banana ...4 Traders, 1 month ago
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Reuters. Sweden stocks were higher after the close on Tuesday, as gains in the Consumer Services, Oil & Gas and Industrials sectors led shares higher. At the close in Stockholm, the OMX Stockholm 30 rose 0.88% to hit a new 6-months high. The ...Investing.com, 2 weeks ago Sweden stocks lower at close of trade; OMX Stockholm 30 down 0.26% Investing.com, 2 weeks ago
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