H&M's October sales up 14%, above expectations

Published Mon, Nov 17, 2014 · 08:05 AM

[STOCKHOLM] Hennes & Mauritz, the world's second-biggest fashion retailer, posted on Monday a 14 per cent rise in October sales from a year ago, beating forecasts.

Analysts polled by Reuters had on average predicted a 10 per cent rise.

The Swedish budget fashion firm, which has the bulk of business in Europe, has said that in September, when sales growth landed at 8 per cent, many customers delayed purchases of cold-weather gear amid unusually warm weather.

REUTERS

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes

Consumer & Healthcare

Cordlife requests trading halt after dropping 15.2% to all-time low, pending announcement
Gazelle Ventures makes cash offer for No Signboard shares at S$0.0021 apiece
Marina Bay Sands Q1 profit surges 51.5% to US$597 million on tourism boom
Swiss watch exports plunge as China and Hong Kong demand dries up
Cutting the cord?: Events leading up to Cordlife’s MOH suspension and arrests of its directors, ex-group CEO
Billionaires selling cheap stuff get richer from inflation pain

Companies & Markets

H&M's October sales up 14%, above expectations

Consumer & Healthcare

Cordlife requests trading halt after dropping 15.2% to all-time low, pending announcement

Gazelle Ventures makes cash offer for No Signboard shares at S$0.0021 apiece

Marina Bay Sands Q1 profit surges 51.5% to US$597 million on tourism boom

Swiss watch exports plunge as China and Hong Kong demand dries up

Cutting the cord?: Events leading up to Cordlife’s MOH suspension and arrests of its directors, ex-group CEO

Billionaires selling cheap stuff get richer from inflation pain

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

SECTIONS

LIFESTYLE

Follow BT