H&M Group Oct sales increase 11 %

Sales in comparable units increased by approximately 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 3,081on 31 October 2013 versus 2,715 on 31 October 2012.

Percentage sales development for the month of November and total revenue in SEK for the fourth quarter (September to November) will be published in a separate press release on 16 December 2013. The Full-year Report, covering the period 1 December 2012 to 30 November 2013, will be published on 30 January 2014.

H & M Hennes & Mauritz AB (publ) 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. The H&M Group has more than 3,000 stores in 53 markets.

H&M