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By
Reuters
Published
May 17, 2010
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H&M April same-store sales down 6 percent year on year

By
Reuters
Published
May 17, 2010

STOCKHOLM, May 17 (Reuters) - Swedish fashion giant Hennes & Mauritz (HMb.ST) reported on Monday 17 May sales at its established stores fell a worse-than-expected 6 percent in April.

H&M
H&M

Total sales were up 4 percent.

The figures compared with an average forecast for a drop of 4.5 percent at stores operating for more than one financial year and 6.1 percent rise in total sales.

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