Nimbler H&M sees profits rise in third quarter

H&M

Sales in local currencies increased 2% in the three months to August 31, 2025 compared to 2024, despite a store closure programme. 

H&M group has 180 fewer stores across its nine brands than it did last year. When the increase is converted into Swedish krona, net sales decreased by 3% to hit SEK 57bn (£4.5bn) due to a stronger krona.

 

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