PARIS — Hennes & Mauritz AB said sales including VAT in the fourth quarter totaled 36.17 billion Swedish kronor, or $5.4 billion, representing a 3 percent decrease in comparable units.
The Swedish high-street retailer, which will publish full-year results on Jan. 26, said same-store sales for the full fiscal year (December 2010 to Nov. 30) were down 1 percent, while sales in local currencies rose 8 percent.
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?"