H&M sales jump 13% in March
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.
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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