In September 2013, H&M Group total sales including VAT in local currencies increased by 7 percent compared to the same month the previous year.
Sales in comparable units decreased by 2 percent. Comparable units comprise the stores and the internet and catalogue sales countries that have been in operation for at least a financial year. September sales were negatively affected by calendar effects of approximately 2 percentage points.
The total number of stores amounted to 3,006 on 30 September 2013 versus 2,669 on 30 September 2012.
Hennes & Mauritz AB was founded in Sweden in 1947. The company’s business concept is to offer fashion and quality at the best price. In addition to H&M, the Group includes the brands COS, Monki, Weekday, Cheap Monday, & Other Stories as well as H&M Home.