H&M to shed light on turnaround amid consumer confidence slump Retail H&M investors will be hoping the high street fashion chain shows it is on the road to recovery next week despite caution among many shoppers. The retailer is expected to report a slight rise in sales for the latest quarter in an update on Thursday June 26 as it continues with its turnaround strategy. It [...]
H&M Group takes minority stake in e-commerce firm Centra Retail H&M has taken a minority stake in e-commerce firm Centra as it looks to deepen its relationship with the company. The stake, which is less than 10 per cent, values Centra at just over half a billion Swedish kronor, according to Di Digital. H&M will invest SEK 50m (£3.9m) in the company, which supports retail [...]
