PARIS — Hennes & Mauritz AB said sales including value-added tax in the fiscal fourth quarter rose to 42.59 billion Swedish kronor, or $6.5 billion, a 13 percent gain in local currency terms.
The Swedish high-street retailer, which will publish full-year results on Jan. 30, said sales in comparable units for the period of Sept. 1 to Nov. 30 were up 3 percent. All dollar rates are calculated at average exchange for the period to which they refer.
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)