H&M , the world's second-biggest fashion retailer, reported on Thursday its...
), the world’s second-biggest fashion retailer, reported on Thursday its first quarterly rise in pretax profit in over two years and said efforts to meet rapid changes in its industry were on track.
H&M has been spending heavily on reviving its business in the face of years of falling profits and growing inventories due to slowing sales at its core brand’s stores amid tougher competition and changing shopping habits. Pretax profit in the June through August period beat expectations, growing to 5.0 billion crowns from a year-ago 4.01 billion. Analysts had on average forecast a rise to 4.93 billion crowns, according to Refinitiv data.
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Europe third-quarter earnings outlook deteriorates as trade war, Brexit biteEuropean companies are heading for their worst quarterly earnings in three years...
Weiterlesen »
Jeff Bezos tells Jamal Khashoggi's fiancée one year after his killing, 'You are not alone'At a ceremony marking one year since Jamal Khashoggi's brutal killing, Amazon CEO and Washington Post owner Jeff Bezos offered some comforting words for Hatice Cengiz, the columnist's fiancée. 'No one should ever have to endure what you did,' Bezos said.
Weiterlesen »
Ted Baker warns on full-year; hit by weak demand, hefty discountingTed Baker Plc on Thursday warned yet again that its full-year profit would be hu...
Weiterlesen »
Is It Possible to Quit Fast Fashion on a Five-Figure Salary?Sustainable and ethical fashion isn’t cheap, but there are workarounds
Weiterlesen »
تجربتي مع أحمر الخدود من اتش اند امتعرفي على تجربتي مع أحمر الخدود من H&M والتي ستحمسك بالتأكيد لتجربته
Weiterlesen »