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Sales rise at H&M in June

Swedish retail giant H&M Group grew sales 12% in June compared with the same month in 2013.

The fast fashion business, which owns Cos and & Other Stories as well as H&M, said sales had been hit by “calendar effects”, which knocked off around 3-4 percentage points.

Its rate of store growth continues, with the company registering more than 3,300 stores by June 30, compared with 2,926 at the same time last year.

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