By  on December 17, 2018

PARIS — Hennes & Mauritz AB Monday reported a 6 percent rise in fourth-quarter sales in local currencies, further throwing the spotlight on discounting measures from retailers during the choppy holiday season.

The Swedish fast-fashion retailer, which has been restructuring its business to better suit an e-commerce era, reported sales of 65.45 billion Swedish kronor, or $7.2 billion.

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