By and  on January 26, 2012

LONDON — Cost inflation, warm winter weather and unfavorable currency fluctuations dented profits at the Swedish fast-fashion retailer Hennes & Mauritz AB in the 2010-11 fiscal year.

The company said Thursday that profits in the 12 months ended Nov. 30 sank 15.3 percent to 15.82 billion Swedish krona, or $2.34 billion.

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