Login

H&M August sales jump 19%, Q3 up 16%

Swedish fashion giant Hennes & Mauritz said Monday group sales for August, including VAT, jumped 19% year-on-year in local currencies, well above the 13% increase analysts expected. For the Q3 June 1-August 31 period, sales including VAT increased 16% in local currencies to SEK 45.26bn ($6.33bn), or by to SEK38.8bn excluding VAT. H&M’s total store count rose to 3,341 as of August 31, up from 2,964 a year ago.

The retailer’s nine-month report top August 31 will be published on 25 September 25.

Know what’s next. Become a WGSN member today to benefit from our daily trend intelligence, retail analytics, consumer insights and bespoke consultancy services.

WGSN Insider Bulletin

Big data meets consumer insights. Experience WGSN.

Related Stories

French Connection sales for spring are positive

Confident French Connection enjoys strong spring offer feedback

Soda (The School of the Digital Age) uncovers the fun in tech

Reserved fashion- Kate Moss fronts campaign

Can Reserved make its mark in the UK?

Share
Tweet
+1
Share
Pin