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H&M reports lower earnings, revenues increase by 5 percent
Swedish manufacturer and retailer of trendy clothing and accessories, H&M said on Thursday its full year revenues increased by 5 percent, while in local currencies, net sales improved by 3 percent. Profit fell by 21.8 percent from the same period last year. "Against a backdrop of rapid changes in the fashion industry, in 2018 we accelerated our...
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