H&M, the world’s second-biggest fashion retailer, has announced a tenth consecutive month of double-digit growth ahead of its highly anticipated autumn/winter range which is due to launch next month.
H&M said that sales in local currencies rose 16% in July, driven by improvements in the brand’s ecommerce site and growth in its home and beauty ranges.
The company also set out its expansion pipeline, which include opening 400 stores by the end of the year and plans to expand its beauty range to 900 stores in 40 markets and online.
