Leonie Barrie

Cold snaps at sales

By: Leonie Barrie - 29 March 2006 17:00

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Swedish retailer H&M is the latest to blame the unseasonable cold weather across Europe and the delayed start of Europe’s spring shopping season for denting its sales. The lure of lightweight summer stock definitely loses its appeal when pitched against grey skies and biting winds – even if the calendars do tell us that it’s officially spring.

Now that the sun’s starting to shine, though, retailers can look forward to an upturn in their fortunes. Not only is Easter later this year – traditionally the time when shoppers replenish their wardrobes, so thankfully spared from the cold snap – but blue skies and warn sunshine inevitably fuel the feelgood factor. And suddenly, winter is but a distant memory.

H&M's global growth

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