H&M gets too much credit too soon dasha_reuters
Swedish fashion retailer H&M on June 27 said net sales in local currency terms rose 12% in June compared with a year earlier.
Reporting its first-half results, H&M said the costs of markdowns relative to sales would decrease in the third quarter by around 1.5 percentage points from a year ago and that it expected to open around 130 net new stores in the 2019 fiscal year, 45 fewer than previously planned. H&M reported pre-tax profit of 5.9 billion Swedish crowns for its second quarter, compared with 6 billion crowns in the same period in 2018.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
If the Instant Pot Gets a Price Hike Soon, Blame the U.S.–China Trade WarPlus, CBD-infused food and drink flourish despite technically still being illegal, and more food news to start your day
Read more »
How to dispute a credit report error to improve your creditChecking your credit report is the best way to stay on top of any potential fraudulent purchases, inaccurate information, or identity theft issues.
Read more »
'Big Brother' Premiere Blowout: Shocking Secrets Already and Too Much Power Much Too SoonIt's all about first impressions as that's all the HouseGuests have to go on before making the most important decision of the young season that could well cost them their game.
Read more »
Your iPhone will soon be able to identify dogs and cats thanks to Apple's new detectorDon't worry, dog lovers: Apple built a dog detector as well.
Read more »
Brace Yourselves, Another BTS Concert Movie Is Coming So SoonMark your calendars!
Read more »
Found: A Chocolate Chip Cookie You'll Soon Be Calling BreakfastDessert for breakfast your mom can actually get behind. 🥰
Read more »