>>
Home / Knowledge / News / Apparel/Garments / 9M gross sales at apparel retailer H&M climb 5%
9M gross sales at apparel retailer H&M climb 5%
01
Oct '16
For the nine period ended August 31, 2016, sales including VAT at Swedish apparel retailer H&M climbed by 5 per cent to SEK 161,767 million as against SEK 153,444 million in the corresponding period of the prior fiscal. Revenues however grew 7 per cent in local currencies, while sales excluding VAT totalled SEK 139,547 million compared to SEK 132,167.

Gross profit for the reporting period reached SEK 16,630 million, down from SEK 20,094 million, while net profit also fell to SEK 12,722 million, vis-à-vis SEK 15,372 million in the comparable nine month period of earlier fiscal.

The clothing retailer has planned a net addition of around 425 new stores, while also entering three new markets in the current fiscal.

H&M opened its first outlet in Puerto Rico this June and in September in Cyprus, while the first New Zealand store will open in October. (AR)

Fibre2Fashion News Desk – India


Must ReadView All

Pic: White House

Textiles | On 23rd May 2022

President Biden, 12 Indo-Pacific partners launch IPEF in Tokyo

US President Joe Biden along with a dozen initial partners—India,...

Pic: Shutterstock

Textiles | On 23rd May 2022

UK & Mexico begin negotiations on modern trade deal

UK and Mexico have launched negotiations on a new UK-Mexico Free...

Pic: Shutterstock

Textiles | On 23rd May 2022

Turkiye, UAE sign preliminary deal to boost trade, business

UAE federal export credit agency Etihad Credit Insurance (ECI)...

Interviews View All

Textile Industry, Head honchos

Textile Industry
Head honchos

Marry with brand ethos

Textile Industry, Head honchos

Textile Industry
Head honchos

Delay in adopting water sustainability both financially & environmentally...

Textile Industry, Head honchos

Textile Industry
Head honchos

Hopeful that issue will be resolved by first half of 2022

Mohd. Showkot Ali,

Mohd. Showkot Ali

Bangladesh-based Maksons Group owns and operates multiple corporations and ...

Ricardo Garay & Larissa Roviezzo,

Ricardo Garay & Larissa Roviezzo

Regenerate Fashion is an international consultancy focused on integrating...

Henry Krause,

Henry Krause

<font color="#333333" face="Arial, sans-serif">Polygiene is a market...

Thomas Ong P S, NanoTextile

Thomas Ong P S
NanoTextile

Malaysian company NanoTextile Sdn Bhd taps into the potentials of...

Seth Casden, Hologenix

Seth Casden
Hologenix

Hologenix is a material sciences company dedicated to developing products...

Dr Anup Rakshit, ITTA

Dr Anup Rakshit
ITTA

The Indian Technical Textile Association (ITTA) is the only association of ...

Meghana Goyal, Label - Summer Somewhere

Meghana Goyal
Label - Summer Somewhere

Summer Somewhere is a conscious clothing brand designed for every girl in...

Ramya Rao & Kavea R Chavali, Kalaneca

Ramya Rao & Kavea R Chavali
Kalaneca

<div>The journey of Kalaneca (kala-Art, Neca- Nikaah) formally began in...

Bani Pasricha,  Label - Bani Pasricha

Bani Pasricha
Label - Bani Pasricha

An Indian fashion-designer and a recipient of one of the most prestigious...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

Leave your Comments

ESTEEMED CLIENTS

Rieter India Private Limited
BTSR International S.P.A.
Sportswear Company Spa
Telangana State Industrial Infrastructure Corporation Limited (TSllC Ltd)
Inter Expo Center Ltd.
H;&M Hennes ;& Mauritz (Far East) Ltd
APLF Limited
Infor (Hong Kong) Limited
Nandan Denim Limited
Deckers Outdoor (Guangzhou) Consultant Co., LTD.
NV Michel Van de Wiele
TESTEX AG, Swiss Textile Testing Institute
Asos
Gap International Sourcing Limited
Dow Silicones Corporation
BIRLA CENTURY A DIVISION OF CENTURY TEXTILES AND INDUSTRIES
Karl Mayer Textilmaschinenfabrik GmbH
Shanghai  Aige Exhibition Service Co., Ltd
Seasalt Limited
Comasia Limited
Equinox Impex India
KAS Direct Sourcing
Lululemon Athletica Inc
Aleph Srl
Datatex Consulting Srl
Tradewind International Servicing
EMBEE CORPORATION
Hirdaramani International Export Private Limited
Gokaldas Exports Limited
Landmark Group
Jiangsu Yingyang Nonwoven Machinery Company Limited
BRINKMANN GMBH
Tory Burch Hong Kong Ltd
IKEA of Sweden AB
T.T. Limited
Target Corporation (MN)
Etam Group Strategy Hong Kong Limited
Lectra Technologies India Pvt Ltd.
KIABI
Bluestem Global Sourcing Limited
Aramark Uniform ;& Career Apparel, LLC
Maceton Limited
Thai Trade Center
Savio Macchine Tessili S.P.A.
Mesdan SPA
Saurer Textile Solutions Pvt. Ltd.
Centric Software
Recron Polyester from Reliance Industries Limited
Vianney Textil Hogar S.A. De C.V.
Groz-Beckert East Asia LLP
Lacoste (Wanchai)
Gatsby Africa
C;&A Sourcing International Ltd
X-Rite Asia Pacific Limited (HK)
Page Industries Limited (Bangalore)
John Varvatos
Performance Days
GIOVANNI BOZZETTO S.p.A.
J ;& P Coats
Tommy Hilfiger
Loris Bellini S.r.l.
Itema Weaving (India) Private Limited
Guess Europe Sagl,
Datacolor AG Europe
DuPont de Nemours, Inc.,
BTC Textiles LLC
The Top Form Brassiere Manufacturing Company Limited
Puma
Copenhagen Fashion Summit
G-Star Raw C.V.
VNU Exhibitions Asia
Hela Clothing Pvt Ltd
Aquarelle Clothing Limited
NITI Aayog
Sportmaster Ltd.
Arvind Limited
Coats Digital Limited
PVH Corporation
Shima Seiki Mfg. Ltd.
Jindal Worldwide Limited
Desigual - ABASIC, S.A.
TESCO INTERNATIONAL SOURCING LIMITED
HYOSUNG CORPORATION INDIA PRIVATE LIMITED
Kornit Digital Asia Pacific Ltd
Eurofins BLC Leather Technology Centre Ltd
EPCH
Indo Tex
Pt. Peraga Nusantara Jaya Sakti
Flainox S.r.l.
Kern – Liebers Textile
LC Waikiki
Varner AS Retail
Esprit Europe Services GmbH
Vardhman Textile Ltd
BIANCA
Tuyap Tum Fuarcilik Yapim A.S.
EUROVET ASIA LTD
Newtech Textile Technology Development (Shanghai) Company Limited
Reiter India Private Limited
FULGAR SpA
Alix Partners
G.A.S. unternehmenskommunikation gmbh
Recron Polyester from Reliance Industries Limited
Restoque S.A.
USTER
Tchibo GmbH
UBM China (Shanghai)
Groz-Beckert KG
TEXVALLEY MARKET LIMITED
Sateri (Jiujiang) Fiber Co.,Ltd
Sainsbury's Argos Asia Limited
Amazon China
BIMBA ;& LOLA SL
ZAITEX spa
Babyshop
Gloria Jeans
DyStar India Pvt. Ltd
GHCL LIMITED
Weitmann & Konrad GmbH & Co. KG
Messe Frankfurt Exhibition GmbH
IDH – The Sustainable Trade Initiative
IIGM Private Limited
Messe Duesseldorf
Istanbul Fuarcilik A.S.
N9 World Technologies Private Limited
ITMA Services Pte Ltd
COTTON COUNCIL INTERNATIONAL
Calvin Klein
Stahl Holdings B.V.,
Phong Phu international JSC (PPJ)
Thermore (Far East) Ltd.
IFF Media Ag - International Media Services
Colours India Inc
Lottmann Communications
Palexpo SA
SYNERGIES HONG KONG LIMITED
Lifestyle
GERBER TECHNOLOGY LTD.
Truetzschler India Private Limited
China World International Exhibition Company Limited
Lenzing Aktiengesellschaft - India
Officina Meccanica Dora Enrico Srl
Rayonese Textile Inc., Division de Culp Inc.
Helly Hansen Far East Ltd
Applied DNA Sciences Inc
Mayer & Cie. GmbH & Co. KG
Color Service s.r.l.
Lisa S.P.A.
Splash
Brandix Lanka Limited
Bluesign Technologies Ag
Nihalani Events Management
Grasim Industries Limited
Midas Clothing Limited
International Sourcing Expo Australia
Decathlon
Chico’ FAS
Meera Dyestuff Industries
FESPA (Reigate)
Marzoli Machines Textile s.r.l.
International Textile Manufacturers Federation
SUZHOU TUE HI-TECH NONWOVEN MACHINERY CO.,LTD
The LYCRA Company Singapore  Pte. Ltd
Indofil Industries Limited - Specialty & Performance Chemicals Division
MAS Active / MAS Kreeda / MAS Bodyline
Italian Trade Commission
Xtema - Thomas Lebherz Textilmaschinen
Permoda(Koaj/Armi/Pronto/Bkul)
Thai Acrylic Fibre Company Limited
TÜYAP IHTISAS FUARLARI A.S.
CSGIA(China Screen Printing & Graphic Imaging Association)
Boardriders Asia Sourcing Limited
Lenzing Aktiengesellschaft
Cat Tuong Real Estate Group Joint Stock Company
Eastman Chemical Company
Walmart
Haelixa AG
Chori Company Limited
Abit
Huntsman (Singapore) Pte Ltd
Rosset ;& Cia Limited
K AND D ITMACH EXPOSITIONS LLP
Brückner Trockentechnik GmbH & Co. KG
CGS Inc.
Alison Hayes Romania
Woolmark Services India Pvt. Ltd.
Taiwan Textile Federation (TTF)
The LYCRA Company Singapore  Pte. Ltd
Zydex Industries
SHAHI Exports Pvt Ltd
H. Stoll AG & Company KG
JES MEDIA, INC
THE BOMBAY DYEING ;& MFG.CO. LTD
Benetton Group
Under Armour Global Sourcing Ltd
Zünd Systemtechnik AG
Green Fibre
OVS Hong Kong Sourcing Ltd.

May 2022

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Advanced Search