Investments Drag Down Net at H&M

The retailer is gearing up for the launch of its future brand, & Other Stories, scheduled for this spring.

By Joelle Diderich

with contributions from Julia Neel

financial/news

PARIS — Hennes & Mauritz AB said Wednesday that net profits fell 1.3 percent in the fiscal fourth quarter, as the retailer countered disappointing sales with increased investments...

Investments Drag Down Net at H&M

The retailer is gearing up for the launch of its future brand, & Other Stories, scheduled for this spring.

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