H&M pockets disappointing profits

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By Euronews
H&M pockets disappointing profits

<p>Sweden’s H&M missed the profit forecasts for its fiscal third quarter even though the world’s second-biggest clothing retailer slightly improved its quarterly net profit year-on-year.</p> <p>The group also postponing the launch of its online boutique in the US which was planned for this autumn.</p> <p>None of that pleased investors. For their reaction watch our Behind Markets report.</p>