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Business |ANALYSIS

H&M Group trails Inditex as the pandemic erodes its sales’ improvement in H1FY21

H&M’s (HMb.ST) sales grew less than expected from a year ago in the three months through August, and remained lodged below pre-pandemic levels. The company reported sales of £4.7billion at H&M in the three months to the end of August were down 11 per cent on the pre-Covid equivalent two years earlier. Indeed, H&M Group’s growth was slower than...

17 Sep 2021