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Tag: H&M profit

Retail Types, Stores

H&M to shutter 160 stores amid profit slump

February 1, 2019

Via: Retail Dive

H&M’s belated move to digital sales and data-based design is costing the apparel retail group. The company is climbing a learning curve. CEO Karl-Johan Persson cited “difficulties with the logistics upgrade” in some markets earlier in 2018, which led to […]