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Daily Digit: H&M Sales Grow

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Daily Digit: H&M Sales Grow
AIRED:
4% is today's daily digit in Europe - the better-than-expected rise in sales at H&M. The world's second largest fashion retailer appears to be reflecting the fortunes of its largest market. As Europe saw the first signs of recovery, H&M reported its biggest rise in sales in 11 months. Figures for August from stores open more than a year were 1% higher than a Reuters poll predicted. Total sales for the month were also 1% higher than forecast - and rose 14%.moreless
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