By  on February 15, 2013

LONDON — In January, Hennes & Mauritz AB’s total sales, including VAT in local currencies, increased 5 percent year-on-year. Revenues at constant group structure declined 4 percent. H&M’s stores numbered 2,808 on Jan. 31, compared with 2,488 on Jan. 31, 2012. Bernstein Research downgraded H&M to underperform on Thursday.

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