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H&M Sales Rise 3% in June

Pace of sales was the same in May.

PARIS — Hennes & Mauritz AB reported same-store sales grew by 3 percent in June, matching the same pace the retailer logged in May.

The Swedish fast-fashion behemoth said group sales last month including VAT in local currencies increased by 13 percent. That compares to a five percent increase in June 2011.

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The company released percentage figures only, and is to report July figures on Aug. 15.

H&M’s global store count stood at 2,596 on June 30 versus 2,305 a year ago.