Industria de Diseno Textil SA (ITX.MC)
16 Nov 2018
STOCKHOLM Step into one of the more than 4,300 H&M budget fashion stores around the world and you often know what to expect: clothes racks crammed with tops, trousers and skirts in a spartan and sometimes cluttered environment.
STOCKHOLM H&M's sales bounced back in the third quarter, helped by a new logistics system, as the world's second biggest fashion retailer said a revamp to meet growing online and budget competition was paying off. | Video
LONDON European shares rose on Wednesday as oil and mining stocks rallied and investors shrugged off worries over trade tensions between the United States and China.
STOCKHOLM Sweden's H&M reported no sales growth for a full six months on Friday, as the world's second-largest fashion retailer struggles to get customers through its doors and loses further ground to rival Inditex.