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Temporary store closures affect H&M sales, drop by 21 percent

In the first quarter 2021, the H&M group recorded net sales decrease of 21 percent in local currencies compared with period between December 1, 2019 to February 29, 2020. Converted to SEK, the company said in a statement, the group’s net sales amounted to 40,060 million Swedish krona compared to 54,948 million Swedish krona. The company added...

15 Mar 2021