How Swede It Is: H&M Profits Up 17%, New Formats on Horizon
Hennes & Mauritz is on a roll — and it wants to keep it that way. The Swedish fast-fashion retailer, which reported a 17 percent increase in net profits in 2006, said Thursday that it would push into the home textile market via its H&M stores.
From This Issue
Led by the fast-growing economies of China and India, the emergence of Asia as a global commercial force should be viewed by rich countries as an opportunity and not a threat, leading global political and business leaders said at the World Economic…