H&M, the high street international fashion chain, has seen customers spend more at its UK stores than in its Swedish base. The rapidly-expanding group said its 102 British stores racked up some £141 million in the three months to the end of November, compared with about £126m from its 124 Swedish outlets. Annual group figures from the retailer showed pre-tax profits rising to around £1 billion in the year to November 30 – missing analysts’ forecasts after warmer weather hit business.
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29 January 2006
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