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H&M’s sales growth fails to ease investors concerns about margin pressure

18/06/2019 - 15:41

Fashion retailer H&M reported sales grew for a fourth straight quarter, but also hinted it had needed to invest more to boost its online business, disappointing investors already concerned about margin pressure. 

H&M, the world’s second-biggest fashion retailer, has seen profits shrink and inventories rise in recent years as its core brand has not kept up with the online shift and tougher competition, and not reacted fast enough to demand swings. While investing heavily in logistics, digital technology, and store concepts, and revie... 

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Fashion house Chanel parades its independence as profits rise

18/06/2019 - 12:49

Luxury fashion group Chanel, whose star designer Karl Lagerfeld died in February, reported higher annual sales and profits an...

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18/06/2019 - 11:34

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14/06/2019 - 14:12

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Five things you need to know about the pharmaceutical industry

14/06/2019 - 11:10

The pharmaceutical sector - both locally and globally - is following suite with general retail and going through uncertain ti...