FASHION RETAIL NEWS UK
H&M continues post-pandemic recovery with uplift in Q2 sales
15 June, 2022 | by Angela Beevers
Fashion and homeware retailer H&M saw its net sales increase by 12% in local currencies in its second quarter.
When converted to Swedish krona, sales climbed by 17% year-on-year to SEK 54,504m in the three months to 31 May.
The group has recently announced that it is launching a new tech enabled in-store shopping experience in the US as it looks to create more creative and fun shopping experiences for customers.
It has also teamed up with Swedish retail giant Ingka Group on the opening of a new Atelier100 space in Hammersmith, which will showcase the work of London-based creatives and designers.
H&M Group’s portfolio of retail brands includes H&M, Weekday, Monki, COS, Arket and & Other Stories.