SWEDEN: H&M Posts March Sales Jump
Swedish fashion giant Hennes & Mauritz AB on Monday posted a 16 per cent year-on-year jump in March sales as it benefited from an early Easter and warm weather. H&M, the world's largest fashion retailer by market capitalisation and operator of nearly 800 stores worldwide, said that rise was less than the 27 per cent year-on-year climb it posted in March last year.