Reuters - Video

Edition: US | UK | IN | CN | JP

video Finance Videos

Market Mover: H&M defies erratic weather

Monday, November 17, 2014 - 01:02

The world’s second-biggest fashion retailer posts a 14% jump in October sales, despite a continuing drag from the unseasonably warm weather.

▲ Hide Transcript

View Transcript

HM providing a little bit of share this morning October cells that up 14% beating expectations most analysts had expected. 10% for the young world's second largest fashion reach out and this that reaction and an otherwise down market shares opened up about one point 3%. Seemed to be holding onto that are about one and a half percent high. And now after the start of trade likely to be a little bit of relief in that given the hit the European clothing retailers have suffered recently. From increasingly erratic weather. H and am warned back in September. That and usually warm weather had his sales of its cold weather against sales up only 7% that month. But this is not stalled as outperformed its bigger rival in detects most of this year. And H and amp has lots more prime 375. New stores. This year alone pass strong newly launched online presence in Spain Italy and China and ten new on line markets planned next yet for now though. A little bit cold weather would help.

Press CTRL+C (Windows), CMD+C (Mac), or long-press the URL below on your mobile device to copy the code

Market Mover: H&M defies erratic weather

Monday, November 17, 2014 - 01:02