PARIS — Hennes & Mauritz continued to gain market share in the second quarter, reporting a better-than-expected 6.4 percent increase in net profits, helped by store openings and successful spring collections, especially in countries where the world’s third-largest fashion retailer has recently expanded.
But the Swedish fast-fashion giant also reported flat sales in May, while sales in stores that have been open longer than a year declined 9 percent in the same month, in line with analysts’ expectations.
"I think that all anyone really wants in life is to have people understand us for who we actually are, despite everything," says Ruth Negga. The actress talks "Preachers" season 2 and more on WWD.com. #wwdeye (📷: Dan Doperalski)
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