H&M posts surprise profit, despite slow seasonal sales
Inside Retail
MARCH 30, 2023
While H&M showed signs of bringing its costs under control, it still struggled to compete with major rival Inditex, owner of Zara and other brands, as well as rapidly expanding fast fashion online retailers such as SHEIN and Temu. crowns in Stockholm on Wednesday, just one third of its 2015 all-time high of 368.5
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