The Local Sweden |
H&M predicts challenges ahead for fashion industry
The Local Sweden Reporting a 13 percent drop in its net profit for the 12 months to November, H&M said its bricks-and-mortar stores were fast losing customers while it struggled to boost its online sales to make up for the shortfall. The company's shares were down by ... H&M calls its newest venture a “paradise” for discount treasure hunters H&M's store closures to surge as fashion giant shifts strategy |
H&M predicts challenges ahead for fashion industry - The Local Sweden
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