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Business

H&M sales dip underscores ongoing positioning challenge amid margin gains

A first-quarter sales dip at H&M has sharpened industry scrutiny around the group’s market positioning, even as profitability continues to improve on the back of cost discipline. The retailer reported a 1 percent decline in sales in local currencies for the three months to February, while operating profit rose 26 percent to 1.51 billion Swedish...

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Business

Hennes & Mauritz reports strong profit growth in first quarter despite sales decline

The Swedish apparel group Hennes & Mauritz AB (H&M) experienced a significant decline in sales in the first quarter of the 2025/26 financial year, largely due to negative currency effects. However, the parent company of brands such as H&M, Cos, Weekday, & Other Stories and Arket managed to significantly increase its profit. This was revealed in...

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