BREAKING NEWS

BREAKING NEWS

H&M's profit up

Now Reading:

H&M's profit up

Text size Aa Aa

Swedish fashion chain Hennes & Mauritz says its profit in the first three months of the year was stronger than expected.

H&M, which is the world’s third largest clothing retailer, last year suffered its worst sales decline on record.

It said currency swings and a well-received spring collection had boosted its profit between January and March and the second quarter had started strongly.