H&M sales drop a fifth during winter but improve in March

Stockholm, Low-cost fashion brand Hennes & Mauritz AB said Monday its sales dropped 21 per cent during the December through February period as an increase in online business could not make up for the temporary closure of 1,800 stores due to the pandemic. The Stockholm-based retailing group said the number of closed stores decreased to about 900 on March 13 this year as some countries including Germany - H&M group's largest market -- allowed some stores to reopen...
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