WWD.com/business-news/financial/hm-profits-fall-108-percent-in-q4-3451600
financial
financial

January 27, 2011

H&M Profits Drop 10.8 Percent

Swedish retailer cites strong krona, rising purchasing costs.

financial/news

PARIS — Hennes & Mauritz AB, the world’s third-largest fashion retailer, posted a surprise 10.8 percent profit drop in its fiscal fourth quarter as rising purchasing...

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