Facebook Pinterest Search Icon SourcingJournal_horiz Tumbler Twitter Shape photo-camera graph-trend Shape latest-news icon / user

How H&M Group Posted First Quarterly Profit in 24 Months

Inditex, PVH, Deckers, Greats, Michael Kors & more on stage tomorrow. Don't miss Sourcing Summit NY.

Thanks to summer collections that resonated well with consumers, along with fewer markdowns, H&M Group on Thursday managed to post its first quarterly profit in two years. In a Nutshell: CEO Karl-Johan Perrson said, “Well-received summer collections and increased market share show that we are on the right track with our transformation work to meet customers’…

This content is for Annual and Limited members only. You can read up to five free articles each month with a Limited Level Subscription. Please log in, or subscribe.

Log In Subscribe

More from our brands

Access exclusive content Become a Member Today!