Uso de cookies Utilizamos cookies propias y de terceros para mejorar nuestros servicios y mostrarle publicidad relacionada con sus preferencias mediante el análisis de sus hábitos de navegación. Si continúa navegando, consideramos que acepta su uso. Puede obtener más información sobre nuestra: Política de cookies

The global fashion business journal

19 Sep 201923:50

H&M raises sales 11% in second quarter

Fashion distribution Swedish group billed 57,474 million crowns (5,398 million euros between March and May. At constant exchange rates, the company grew 6% within this period.

17 Jun 2019 — 10:45

H&M raises sales 11% in second quarter


H&M is starting to reap the reward of its restructuring. Fashion distribution Swedish group has closed the second quarter (period from March to May) with a growth of 11%. The group chains in this way three quarter growing at double digit, after the rise of 12% in the last period of 2018 exercise and of 10% in the first of this year.


Between March and May 2019, H&M billed 57,474 million Swedish crowns (5,398 million euros), against the 51,984 million crowns (4,883 million euros) of the same period of the previous year. Discounting the exchange rates, the group’s volume of business incremented 6%.





“The rapid changes in the fashion industry continue and we can see that our own transformation work is taking us in the right direction, although hard work and many challenges still remain”, explains H&M in a statement.


“As customer satisfaction and sales increase, we have intensified our transformation work even further”, goes the company on. The group will publish its six-monthly report the following 27 June.


Participation rules


Validation policy for comments: 

MDS does not perform prior verification for the publication of comments. However, to prevent anonymous comments from affecting the rights of third parties without the ability to reply, all comments require a valid email address, which won’t be visible or shared.
Enter your name and email address to be able to comment on this news: once you click on the link you will find within your verification email, your comment will be published.

0 comments — Be the first to comment