PARIS — Hennes & Mauritz AB said sales in local currencies rose by 10 percent in December after jumping 21 percent in November.
The Swedish high-street retailer did not publish same-store sales data. Nils Vinge, head of investor relations at H&M, said it would no longer be providing same-store sales because its physical and online expansion meant “the base for comparison becomes distorted and very complex.”
Hermès is launching a Laundromat pop-up shop in NYC - dubbed Hermèsmatic - where customers can bring their old scarves to be dip-dyed by an expert. Get all the details on WWD.com. #wwdnews (📷: @donstahl)