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H&M like-for-like sales fall 3% in March

H&M’s like-for-like sales slid 3% in March compared to the previous year, an improvement on February’s drop of 8%.

Total sales for March rose 6%. H&M’s January like-for-like sales fell 1%, and in December they slid 7%. H&M’s comparable store sales have been in negative territory for 12 out of the last 15 months.

H&M had 1,767 stores on March 31, compared to 1,546 the same time last year.

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