H&M sales boosted by ‘well-received’ summer collections

H&M party in full swing

H&M has posted an increase in its third-quarter group sales which the retailer attributed to its work to meet “customers’ ever-increasing expectations”.

The fashion retailer registered a 12% rise in sales to 62,572m Swedish krona (£5.2bn) during June 1 and August 31.

H&M said in a statement that “well-received summer collections and increased market share” has been the driving force behind its sales uptick.

H&M Group’s brands include COS, & Other Stories, Arket, H&M Home, Afound, Monki and Weekday.

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