SWEDEN: H&M same-store sales down 6% in April

Author: | 17 May 2010

Swedish fashion chain H&M has posted a 6% drop in same-store sales, it said today (17 May).

However, the opening of new stores helped push total sales up by 4% during the month, compared with the same period last year.

The retailer, which employs 76,000 people worldwide, operated 2,037 stores on 30 April 2010, versus 1,804 the year before.

Sectors: Apparel, Retail

Companies: H&M

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