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Tuesday, September 17, 2013

H&M Sales Surge

Swimming against the current of economic torpor, Hennes & Mauritz (H&M) reported that its sales leapt an impressive 12 percent, or $5.7 billion, in the third quarter. Same store sales for the Swedish retailer rose 4 percent in August, after losing 1 percent in July. Total revenues have climbed 14 percent. H&M plans to release.

[ Read complete H&M news from Sourcing Journal ] 

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