H&M’s Accelerating Sales Growth Eases Mild Weather Concern

Hennes & Mauritz AB’s sales growth rebounded in October, easing concern over the impact of mild weather on fall clothing collections.

Revenue including value-added tax increased by 14 percent from a year earlier in local currencies, Europe’s second-biggest clothing retailer said in a statement today. That topped the 9.1 percent gain anticipated in a survey by SME Direkt and compares with September’s 8 percent growth.