UK shoppers have tempered their spending plans ahead of the October Budget, reversing four months of improving confidence.
The announcement was made alongside its annual results for the 12 months to 31 December 2025, which showed turnover rising 5% to £19bn.
GlobalData’s analysis of H&M’s third quarter highlights the gap between stronger profitability and weak consumer demand.
A survey by Irish delivery management platform Scurri polled more than 1,000 UK consumers and 150 UK enterprise retailers.
