03 July 2023
03 July 2023
The retailer will invest £120m in 2023 to open new stores in the US and Europe.
During the period ending 31 May 2023, H&M’s gross profit rose to SKr56.22bn, representing a gross margin of 50%.
Under federal court order, tobacco companies must post health risk warning signs in US retail stores selling cigarettes from 1 July.
Authentic Brands plans to use the new funding to support its global expansion plans.
The acquisition of Yasso allows Unilever to successfully target health-conscious US consumers with innovative options.
Meanwhile, shares in the pharmaceutical chain have fallen to their lowest in 11 years.
The new self-service platform will merge ads, retail media arm, and self-service platform for product listing and display advertising.
The world’s largest sportswear maker gains from China’s recovery, but margins are still pressured by higher markdowns.
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