H&M Faces Sales Setback in Q4 as Inditex Dominates, But Profit Margin Strategy Shows Promise
H&M, the Swedish fashion giant, experienced a 4% decline in local-currency sales in the fourth quarter, marking its largest drop since the third quarter of the previous year. This setback comes as its rival, Inditex, owner of Zara, reported a robust 15% surge in local-currency sales for the nine months through October, followed by a … Read more