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H&M forecasts physical stores to return to growth next year

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The Swedish apparel retailer also forecasts growth of at least 25 per cent in sales online and in its new brands such as COS and H&M Home in 2018.

Stockholm

HENNES & MAURITZ AB forecast that sales at its brick-and-mortar stores will return to growth next year as it battles a slowdown and tries to improve its online strategy.

Sales in comparable stores will continue to fall this year despite gradual improvement, the...

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