Editor
H&M, the world’s second-biggest fashion retailer, posted a bigger than expected rise in sales in the three months from March, joining its main rival Inditex in reporting a rebound in demand after the pandemic.
Net sales were up 17 percent year-on-year, or 12 percent when measured in local currencies, at 54.5 billion crowns ($5.4 billion) in its fiscal second quarter, the Swedish company said in a statement on Wednesday.
Analysts polled by…
