H&M, the second-largest fashion retailer after Inditex, reported that group sales increase 12.4% to SEK 223.6bn (£17.9bn) for the year ended 30 November 2022. Pre-tax profits came in at SEK 6.2bn (£498.7m), down from SEK 14.3bn (£1.2bn) in 2021, impacted by the winding down of operations in Russia and a ...
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