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H&M April sales up 5 percent

By Prachi Singh

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Report |REPORT

The H&M Group’s sales including VAT increased by 5 percent in local currencies in April 2016 compared to the same month the previous year. The company said, the cold spring which continued into April in several of H&M’s large markets had an unfavourable impact on sales of transitional garments.

The total number of stores amounted to 4,035 on 30 April 2016 compared to 3,610 on 30 April 2015. H & M, founded in Sweden in 1947, along with H&M brand offers other fashion brands such as COS, Monki, Weekday, Cheap Monday, & Other Stories as well as H&M Home.

picture:facebook.com/hannes-and-mauritz

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