SWEDEN: H&M Q1 Profit Jumps 42%, US Unit Posts Loss
Swedish fashion giant Hennes & Mauritz AB on Wednesday posted a 42 per cent jump in first quarter pre-tax profit from the year-ago period despite its US operations swinging to a loss.
Swedish fashion giant Hennes & Mauritz AB on Wednesday posted a 42 per cent jump in first quarter pre-tax profit from the year-ago period despite its US operations swinging to a loss.