PARIS — Paying for the cautious stance it adopted before the war in Iraq, fast-fashion giant Hennes & Mauritz reported its second consecutive month of weaker-than-expected sales.

The Stockholm-based firm on Tuesday said sales for June gained 8 percent before the impact of currency exchange rates, well under analysts’ consensus expectations for a 12 to 13 percent gain.

To Read the Full Article
SUBSCRIBE NOW

Tap into our Global Network

Of Industry Leaders and Designers

load comments
blog comments powered by Disqus