Press Release:
STOCKHOLM–(BUSINESS WIRE)– Regulatory News:
In the month of January 2011, H&M group (STO:HMB.st – News) total sales increased by 9 per cent compared to the same month previous year, calculated in local currencies including VAT. In comparable units sales increased by 1 per cent. Comparable units comprise the stores and the internet and catalogue sales countries that have been in operation for at least a financial year.
The total number of stores amounted to 2,210 on 31 January 2011 versus 1,987 on 31 January 2010.
Sales development in the month of February will be published in connection with the three months report on 31 March 2011.
