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Saab crisis deepens as wages go unpaid 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.
More about: Economy, Fashion, SwedenCopyright © 2012 euronews
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