Editor
A strong start to June for the world’s second-biggest fashion retailer H&M, an optimistic outlook from Hugo Boss and a return to profitability at Asos helped allay concerns over a sector hit by weakening US demand.
Signs of resilience came as a relief to investors concerned that economic uncertainty is driving shoppers in key markets like Europe, the US, and China to spend less on clothes.
However, squeezed consumers are being more selective…
