STOCKHOLM, SWEDEN,2016-Apr-17 — /EPR Retail News/ — As previously announced in conjunction with the three-month report 2016, sales including VAT in March 2016 increased by 2 percent in local currencies for the H&M group compared to the same month last year.
Sales in March, April and May should be viewed together because the Easter holiday falls in different months in different years, and partly also because the weather during this period can vary greatly from year to year.
For H&M in general, a late Easter is better than an early Easter. Weather conditions in March last year were favourable for
the season, while the opposite is true this year.
The total number of stores amounted to 3,997 on 31 March 2016 compared to 3,580 on 31 March 2015.
Percentage sales development for the month of April will be published in a press release at 08.00 (CET) on 16 May 2016.
Karl-Johan Persson, CEO
GLOBAL MEDIA ENQUIRIES
Only press enquiries
Phone: +46 8 796 53 00
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H&M switchboard +46 8 796 55 00
Head of Communications
+46 8 796 39 08
Head of Media Relations
Camilla Emilsson Falk
+46 8 796 39 95