Hennes & Mauritz, a Swedish fast-fashion retailer, reported a stronger operating margin in the first quarter, surpassing profit forecasts with improved sales. The company delayed some campaigns due to the Red Sea crisis, affecting its Spring/Summer promotions and adjusting to shipping delays.
H&M, the world's second-biggest listed fashion retailer, postponed the start of some Spring/Summer campaigns to adjust to shipping delays caused by the Red Sea crisis, CEO Daniel Erver said on March 27. https://t.co/yGmS0lJBCI
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#FastFashion #retailer H&M delayed some campaigns due to #RedSeaCrisis https://t.co/0CacDB4rRo
Fast-fashion retailer H&M delayed some campaigns due to Red Sea crisis https://t.co/zHY0tQgJyR https://t.co/bwMEfa85Hj
⚠️ FAST-FASHION RETAILER H&M DELAYED SOME CAMPAIGNS DUE TO RED SEA CRISIS Full Story → https://t.co/8MLPZYmcEq https://t.co/Iernk6f2ye
Hennes & Mauritz Net Profit Beats Forecasts as Sales Pick Up https://t.co/U70NPaWunc
Hennes & Mauritz posted a stronger operating margin in the first quarter as the Swedish fast-fashion specialist tightens its focus on improving profitability https://t.co/YsQnBCDIOh