H&M slumped to lower than expected profit and warned that its cost-cutting drive is leaving some stores unable to keep up with demand.

El beneficio operativo de la cadena sueca alcanza los 535 millones, por debajo de la estimación de consenso

H&M reports flat Q2 sales amid store closures and strong Swedish kronor, focusing on profitability, inventory, and global expansion plans.

Per giugno attese vendite in linea con lo scorso anno

Sales in Western Europe – where H&M makes the most money – were down by 5% year-on-year.