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Retail trade

World news about “Retail trade” published by euronews.

25/06 13:54 CET

H&M stitched up by strong US dollar

H&M stitched up by strong US dollar

H&M, the world’s second largest fashion retailer, fears a negative impact from higher costs due to the strong US dollar. The company buys most of its products in Asia and pays in dollars, while it does the bulk of its selling in Europe. H&M profits hit by…