H&M profits ups
Your support helps us to tell the story
From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or producing our latest documentary, 'The A Word', which shines a light on the American women fighting for reproductive rights, we know how important it is to parse out the facts from the messaging.
At such a critical moment in US history, we need reporters on the ground. Your donation allows us to keep sending journalists to speak to both sides of the story.
The Independent is trusted by Americans across the entire political spectrum. And unlike many other quality news outlets, we choose not to lock Americans out of our reporting and analysis with paywalls. We believe quality journalism should be available to everyone, paid for by those who can afford it.
Your support makes all the difference.Hundreds of eager shoppers queued through the night to buy H&M's Marni collection this spring, helping the world's second-biggest fashion chain to post a 20 per cent rise in profits to 5.2bn kronor (£473m) for the three months to June. Buoyant sales at the Swedish firm during the quarter rose 15 per cent to 31.7bn kronor from 2575 stores, most of them branches of H&M, but about 200 being COS, Monki, Weekday and Cheap Monday shops. Chief executive Karl-Johan Persson, pictured above, commented: "The spring collections have been well-received by our customers as shown by our increased market share in a fashion retail market that continues to be challenging."
Overnight queues speak volumes for H&M profits
Join our commenting forum
Join thought-provoking conversations, follow other Independent readers and see their replies
Comments