Lower inventory levels leave retailer unable to fully meet demand

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

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.

H&M annonce des résultats inférieurs aux attentes pour le deuxième trimestre alors qu'il accumule les efforts pour se redresser et faire face à la concurrence accrue.

Il gruppo svedese del fast fashion è penalizzato dal rafforzamento della corona svedese, che incide sul risultato reported (-3,3%). L’utile operativo si attesta a 534 milioni con…

Der schwedische Modekonzern H&M kann Nachfrage nicht befriedigen und bleibt unter den Gewinnerwartungen. Konzernchef Daniel Erver räumt schlechtes Lagermanagement ein.

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

Lower inventory levels leave retailer unable to fully meet demand

Revenue in local currencies fall once again