PARIS — Hennes & Mauritz on Wednesday said improved weather conditions in May lifted second-quarter profits and sales, helping make up for tough sales in early spring.
The Swedish fast-fashion giant said second quarter profits after financial items improved 6 percent to 5.43 billion kronor, or $839.3 million, boosted by a 25 percent sales gain in May after adverse weather conditions hamstrung sales in March and April. Sales in the second quarter rose 7.8 percent to 21.61 billion kronor, or $3.34 billion.
Issa Rae stopped by WWD's NYC headquarters to talk about season two of "Insecure," which premieres this Sunday on HBO. Click link in bio for all the details. #wwdeye (📷: @jgreenery; Styled by @mayteallende)
A Stella McCartney sketch of a custom dress made from protein-based silk in partnership with biotech lab Bolt Threads. The dress will be displayed at The Museum of Modern Art's upcoming design exhibition, "Items: Is Fashion Modern?"