H&M profits pulled down by stock mishaps, declining prices - WORLD NEWS

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Sunday, 1 July 2018

H&M profits pulled down by stock mishaps, declining prices

Swedish ready-to-wear giant Hennes and Mauritz (H&M) on Thursday said profits fell in the second quarter as too much stock, triggered by logistics problems, pulled prices further down amid declining sales in key markets. Photo: AFP/fileSTOCKHOLM:...

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