Latest Breaking News On - Cedric rossi - Page 1 : comparemela.com

FEATURE: The farm with an Ace up their sleeves

FEATURE: The farm with an Ace up their sleeves 2023-11-10

H&M shares jump 10 per cent as summer collection boosts profit

H&M shares jump 17% as its summer collection helped it to bumper profits

H&M shares jump 11% as summer collection boosts profit

Fashion retailer H&M's shares hit a 16-month high on Thursday after its second-quarter profit beat estimates as cost-cutting measures started to bear fruit and its summer collection benefited from warmer weather in Europe.

H&M Shares Jump 11% as Summer Collection Boosts Profit

Fashion retailer H&M's (HMb.ST) shares hit a 16-month high on Thursday after its second-quarter profit beat estimates as cost-cutting measures started to bear fruit and its summer collection benefited from warmer weather in Europe. H&M, which has lagged Zara owner Inditex (ITX.MC), has sought to raise its fashion appeal and boost its higher-priced brands, targeting shoppers less vulnerable to the rising cost of living as fast-fashion giant Shein takes market share with less expensive clothes.