By  on June 25, 2009

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.

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