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H&M Expansion Drive Profit

By FashionUnited

24 Jun 2004

Swedish retailer H&M have reported turnover for the half-year was up 8 per cent to GBP1.8bn) as the group continued with its store expansion plans.

During the six months the company opened 57 stores, including seven in the UK, and during the rest of the fiscal year planned to open more than 80 stores across Europe and in the US.