Same-store sales up by 8 percent
Posted December 15, 2010
Hennes & Mauritz (H&M, Stockholm, Sweden) reports sales in local currencies including VAT increased by 17 percent in November, compared to the same period in 2009. Same-store sales grew by 8 percent.
The fast-fashion retail brand, which was founded in 1947, operates 2206 around the world. The H&M Group also operates stores under the brands COS, Monki, Weekday, Cheap Monday and H&M Home.