Financial Times |
H&M Profit Drops to 16-Year Low
The Business of Fashion STOCKHOLM, Sweden — Hennes & Mauritz AB reported its lowest first-quarter profit in 16 years as extreme and rapid weather swings made it even harder for the Swedish fashion retailer to sell a buildup of unsold garments. Operating profit fell 62 ... Is Fast Fashion Dying in the Age of Wokeness or is it Just H&M? H&M profits drop 60% as fast-fashion chain cuts prices to shift stock H&M cuts prices after cold snap leads to profits slump |
Tuesday, 27 March 2018
H&M Profit Drops to 16-Year Low - The Business of Fashion
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