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H&M’s summer season gross sales flatline after rival Zara proprietor cheers increase

Fashion chain H&M has revealed its gross sales flatlined within the newest quarter after its greatest rival Zara proprietor Inditex cheered a stronger efficiency.The Swedish retail big mentioned its internet gross sales, in native currencies, have been flattish over June to September, in comparison...

H&M gross sales flatline as cool climate hit demand for summer time clothes

Fashion chain H&M has revealed weaker-than-expected gross sales over the newest quarter after demand was weighed down by chilly climate.The Swedish retail large, nevertheless, added that June buying and selling has began effectively amid bettering situations, driving a rise in shares in early buying...

FTSE 100 Reside: Wall Road in bull market; former Diageo boss dies

Harbour Energy and M&S lead FTSE 250, playing agency 888 up one other 19%Speculation linking North Sea oil agency Harbour Energy to a US merger immediately fired up the corporate’s shares by 4%.The former blue-chip, which additionally operates in Indonesia, Vietnam and Norway, is...

Zara proprietor Inditex shrugs off client spending woes as earnings soar

Zara proprietor Inditex has notched up a better-than-expected soar in earnings over its first quarter as gross sales leaped greater regardless of client spending pressures taking their toll on the broader sector.The trend large reported a 52% soar in pre-tax earnings to 1.5 billion...