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H&M September sales dip, sending shares lower

2014-09-26 02:13:24| Appliances - Topix.net

Sweden's Hennes & Mauritz AB said an unusually warm September across its core markets pegged back sales of its fall clothing range, getting its fiscal fourth quarter off to a slow start. The news of sluggish sales at the cheap and chic retailer wrong-footed investors, leading to a 3.6% fall in H&M's share price in Stockholm.

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