- Prachi Singh |
The H&M Group’s sales including VAT increased by 14 percent in local currencies in June 2015 compared to the same month in the previous year. The company said that sales in June have been positively affected by calendar effects of approximately 3 percentage points. The total number of stores amounted to 3,642 on June 30, 2015 against 3,301 on June 30, 2014.
H&M, founded in Sweden in 1947 offers fashion and quality at the best price. In addition to H&M, the group brands include COS, Monki, Weekday, Cheap Monday, & Other Stories as well as H&M Home. The H&M Group has more than 3,600 stores in 59 markets.