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Showing posts with label Sales in Asia. Show all posts
Showing posts with label Sales in Asia. Show all posts

March 22, 2013

H&M profits fall amid tough economy, bad weather

STOCKHOLM (AP) — Swedish fashion retailer Hennes & Mauritz AB reported Thursday a 10 percent fall in its first-quarter net profit, to 2.46 billion kronar ($380 million), mainly due to unfavorable weather conditions and a tough economic climate.