Swedish apparel retailer H&M July sales rise 9%

Sales in comparable units decreased by 1 percent. Comparable units comprise the stores and the internet and catalogue sales countries that have been in operation for at least a financial year.

The total number of stores amounted to 2,940 on 31 July 2013 versus 2,603 on 31 July 2012.

Percentage sales development for the month of August and total revenue in SEK for the third quarter (June to August) will be published on 16 September 2013.

The Nine-Month Report, covering the period 1 December 2012 – 31 August 2013, will be published on 26 September 2013.

H&M