In The Second Quarter, H & M Sales Increased By 6% Over The Same Period Last Year.

Swedish fashion chain Hennessy and Mauritz's (H&M) 6%, the second quarter of this fiscal year (March to May) increased sales records in local currency, the company reported on Monday. Converted to SEK, sales increased by 11% compared with the same period last year, reaching 57 billion 474 million (53 billion 980 million euros).

"The rapid changes in the fashion industry are continuing. We see that our restructuring plan is moving in the right direction, despite many challenges and hard work." The acceleration of these plans is synchronized with the improvement of customer satisfaction and customer satisfaction. Sales, "H&M said in a statement.

Spanish Company's main competitor, Inditex, earned 803 million Swedish kronor (770 thousand euros) in the first quarter (12-2 months), down 41% compared to the same period last year, mainly due to the negative impact of the spanition to a new digital platform, Germany, which is the main world market, and it stopped selling.

The balance for the first semester (from December to May) will be shown on 27 days in second days.