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Published
Apr 15, 2014
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H&M sales jump 13% in March

Published
Apr 15, 2014

H&M continues a strong performance. The Swedish group saw March sales (including VAT) jump by 13% at constant exchange rates.

These results follow +11% in February, +15% in January and +10% in December, the first month of the fiscal year.

One year ago, the situation was less satisfactory: a 4% drop in sales in March 2013 compared to the same month of the previous year.

H&M store in Madrid. Photo DR


During the first quarter of its fiscal year, from December to February, the group increased its sales by 13% to more than 4.2 billion euros (37.5 billion Swedish kronas). At constant exchange rates, it was a 12% gain.

As of March 31, the network consists of 3,216 stores worldwide as compared with 2,853 on the same date last year.

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