H&M sales drop a fifth during winter but improve in March
H&M sales drop a fifth during winter but improve in March March 15, 2021 FacebookTwitterEmail STOCKHOLM (AP) — Low-cost fashion brand Hennes & Mauritz AB said Monday its sales dropped 21% during the December through February period as an increase in online business could not make up for the temporary closure of 1,800 stores due to the pandemic. The Stockholm-based retailing group said the number of closed stores decreased to about 900 on March 13 this year as some countries including Germany — H&M group’s largest market -— allowed some stores to reopen. It noted an improvement, with s...