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H&M posts 8 percent rise in June sales

By Prachi Singh

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Business

The H&M group’s sales including VAT increased by 8 percent in local currencies in June 2016 compared to the same month the previous year.

The total number of stores amounted to 4,095 on June 30, 2016 compared to 3,642 on June 30, 2015. H&M, founded in Sweden in 1947, retails fashion brands such as COS, Monki, Weekday, Cheap Monday, & Other Stories along with H&M as well as H&M Home.

picture:hm.com

H&M