Editor
H&M said unusually hot weather in many of its European markets had delayed the start of the autumn shopping season, sending sales lower in September, while cost cuts helped the fashion retailer’s quarterly profit rise.
H&M, whose biggest rival is Zara owner Inditex, said September sales would be down 10 percent year-on-year measured in local currencies. That compares with Inditex reporting sales between Aug. 1 and Sept. 11 that were up 14…
