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March 28, 2008

H&M 1st-Qtr. Profits Up As Sales Rise 18 Percent

Hennes & Mauritz on Thursday said store openings and lower buying costs boosted first-quarter profits by 28 percent, illustrating the Swedish fast-fashion...

By Robert Murphy

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Hennes & Mauritz on Thursday said store openings and lower buying costs boosted first-quarter profits by 28 percent, illustrating the Swedish fast-fashion giant's ability to log impressive growth in a challenging market.

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Latest Articles from Retail

H&M 1st-Qtr. Profits Up As Sales Rise 18 Percent

Hennes & Mauritz on Thursday said store openings and lower buying costs boosted first-quarter profits by 28 percent, illustrating the Swedish fast-fashion...

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