STOCKHOLM, Feb 15 (Reuters) - Fashion retailer H&M on Wednesday reported an 8 percent increase in local-currency sales in January, but the pick up was smaller than indicated in a preliminary reading.
The earlier flash reading for January, the second month of H&M’s fiscal third quarter, was 11 percent and included a negative calendar effect of 2-percentage points.
H&M did not comment further on the updated sales figure. In December, growth was 6 percent while in January 2016, it was 7 percent.
Reporting by Anna Ringstrom; Editing by Simon Johnson