By  on October 3, 2019

PARIS — Has H&M turned the corner? Signaling an improvement in business, H&M group reported a 25 percent jump in third-quarter profit, lifted by full-price sales as overhaul efforts resulted in fewer markdowns.

“Our ongoing transformation work to meet customers’ ever-increasing expectations is bearing fruit,” Karl-Johan Persson, chief executive officer of H&M, said of the quarterly performance.

To continue reading this article...

load comments
blog comments powered by Disqus