H&M posted slowdown in December sales growthStaff Writer | January 16, 2017
Hennes & Mauritz (H&M) reported a worse-than-expected slowdown in local currency sales growth in December.
Retail Hennes & Mauritz missed forecasts for a 8% gain
It missed forecasts for a 8% gain and marked the slowest pace of growth since September.
H&M, the world's second largest clothing retailer, has in the past year blamed unseasonable weather for several disappointing monthly sales.
The company publishes its full year earnings report on January 31. ■