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Textile industry

World news about “Textile industry” published by euronews.

06/04 14:50 CET

H&M slows profits slump in Q1

H&M slows profits slump in Q1

World number two clothes retailer H&M has reported a smaller than expected fall in Q1 profits, despite lower sales in March. The company blames higher purchasing costs and a strong dollar for its recent weaker performances, but says this should have worked its way out of…