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H&M sees strong growth, market share increase

2015-09-24 15:17:43| Appliances - Topix.net

Swedish fashion retailer Hennes & Mauritz AB says third-quarter sales grew nearly 20 percent as the company grabbed more market share, with plans for further expansion. Net profit remained flat at 5.30 billion kronor largely because of increased costs caused by a strong dollar, while revenue surged to 46 billion kronor from 38.8 billion a year earlier.

Tags: share market increase strong

Category:Consumer Goods and Services

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