Industria de Diseno Textil SA (ITX.MC)
20 Jul 2018
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.
* Shares climb 14 pct, still less than half their value a year ago (Adds shareholder quote in last two paragraphs)
STOCKHOLM H&M on Tuesday warned of further prices cuts to shift unsold clothes after the Swedish fashion retailer reported a 61 percent dive in first-quarter profit that knocked its shares. | Video
* FY SALES 25.34 BILLION EUROS VERSUS 23.31 BILLION EUROS YEAR AGO
A CORUNA, Spain Zara, the fashion chain owned by the world's biggest clothing retailer Inditex , will introduce augmented reality displays from April, it said on Tuesday, in an effort to lure millennials into its stores.
* Says cautious on H2 performance (Add details, management comment)
LONDON, Feb 23 Shares in Zara fashion chain owner Inditex fell more than 7 percent to a three-year low on Friday after JP Morgan cut its price target for the company weeks before it is due to report annual results.
* Online, new brand sales set to rise at least 25 pct in 2018
STOCKHOLM Swedish fashion retailer H&M dropped plans to ask shareholders to reinvest their dividend payouts in newly issued shares on Monday, saying the move had proved problematic to carry out.
STOCKHOLM, Feb 12 Swedish fashion retailer H&M dropped plans to ask shareholders to reinvest their dividend payouts in newly issued shares on Monday, saying the move had proved problematic to carry out.