H&M Warns Weak September Sales May Hit Fourth-Quarter ProfitBy
Revenue growth slows to 1%, slowest pace in 13 months
Retailer plans to introduce as many as 2 brands next year
Hennes & Mauritz AB said it may need to continue cutting prices in the fourth quarter following a weak start to the autumn season, compounding the subdued outlook facing European fashion retailers.
To continue reading this article you must be a Bloomberg Professional Service Subscriber.
If you believe that you may have received this message in error please let us know.