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H&M Sales Rise 6% in September

The Swedish retailer said sales in local currencies rose 15 percent.

PARIS Hennes & Mauritz AB said sales in comparable units rose by 6 percent in September following a 4 percent drop the previous month.

 

Group sales including VAT in local currencies jumped 15 percent compared to September 2011. In the same month last year, H&M had reported sales in comparable units were down 7 percent, and sales in local currencies rose 3 percent.

 

The Swedish fast-fashion giant did not provide any details on the sales figures.

 

The store count stood at 2,669 on Sept. 30 versus 2,363 stores on Sept. 30, 2011.

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