The confrontation between the two major textile powers of the moment does not cease. Yesterday Inditex was who announced a 15% more in sales in the first quarter and is now H & M who manages a 12% more in sales for the second fiscal quarter of 2011 (from March to may).
This results in 4,178 million euros (originally, 36.947 million Swedish Crowns), 14% more than last year. A surprise for the results expected by the market: 1% less in sales (stores with at least 13 months of activity), which rise 2%.
The number of H & M stores has dropped to 2.297 opposite the 2.575 of last year to May 31.
The great stays very high showing that they remain limits to grow. The client is still committed to this type of fast fashion stores.
H&M’s Q3 dented by markdowns, plans new chain for 2018 …
Focusing On Digital Sales, H&M Launches New Christy …
Apple iPhone Reliance Is Dangerous
IGA enters supermarket wars with new advertising campaign …
Quality Strelitzia Reginae Plants at Low Price For Sale …
Honda CR-V Hybrid to launch in Europe; still no word on US …
Uniqlo International Revenue Last Quarter $2.3B
Produce display cases and store fixtures
Chevy Volt may be replaced in 2022 with plug-in hybrid …
Thai Union Frozen Products (TUF)
Growing Barefoot Bookworms
[Herald Interview] Carver sees opportunities in China
Fairplain Tractor Sales
Upping the tempo in Latin America
Public Storage Chicago Public Storage Best Storage Design …
BMW i3 / BMW i3S / BMW i3 REx | Specs | Range
Mitsubishi 2018 ASX
I’m Growing Up
The e-commerce growth surprise, in three charts