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Hennes & Mauritz (H&M) observed increased Sales in JanuaryWednesday, 15 February 2012
Hennes & Mauritz (H&M) sales in comparable stores rose 3 percent in January 2012 (+1). The group’s total sales including VAT in local currencies increased by 12 percent compared to the same month the previous year.
Comparable units comprise the stores and the internet and catalogue sales in countries that have been in operation for at least a financial year. The total number of stores amounted to 2,488 on 31 January 2012 versus 2,210 on 31 January 2011.
Percentage sales development for the month of February and the total sales in Skr for the first quarter (December-February) will be published in a separate press release on 15 March 2012 at 08.00 (CET). The Three-Month Report, covering the period 1 December 2011 to 29 February 2012, will be published on 29 March 2012.
News source: Press release from H&M / Scancomark.se Team