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H&M pockets disappointing profits

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By Euronews
H&M pockets disappointing profits

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.

The group also postponing the launch of its online boutique in the US which was planned for this autumn.

None of that pleased investors. For their reaction watch our Behind Markets report.