Your browser is no longer supported. For the best experience of this website, please upgrade to a newer version or another browser.

Your browser appears to have cookies disabled. For the best experience of this website, please enable cookies in your browser

We'll assume we have your consent to use cookies, for example so you won't need to log in each time you visit our site.
Learn more

H&M sales growth slows in May

Swedish retail giant H&M has posted a 4% rise in local currency sales including VAT for May, down on 7% year-on-year growth in April.

A statement from H&M reads: “In the first half of the month sales were affected by tough market conditions in several countries. Sales improved considerably in the second half of the month.”

Second-quarter sales growth from 1 March to 31 May was 5%.

The total number of stores in the group was 4,498 on 31 May 2017, compared with 4,077 stores on 31 May 2016.

Have your say

You must sign in to make a comment

Please remember that the submission of any material is governed by our Terms and Conditions and by submitting material you confirm your agreement to these Terms and Conditions. Links may be included in your comments but HTML is not permitted.