H&M had plenty to talk about Thursday as it reported higher H1 sales, some markets that were good and others that were challenging, plus e-sales powering ahead and strength in its expanding other brands.
Brexit is looming but London is still the top springboard into Europe for retailers, new figures from CBRE have shown. But Hong Kong is global leader while Dubai and Doha show the Middle East remains key.
H&M is well known for giving little away in its sales results announcements. And so it was on Monday as the Swedish fashion giant said group sales rose 7% in local currencies in April compared to April 2016.
Tory Burch has become the latest big international name to endorse London’s Regent Street as the key London shopping street for flagship stores with a two-storey location close to Coach, J Crew and Michael Kors.
Financial analysts may have been all over H&M’s Q1 results Thursday but the fashion sector wanted to hear what it has planned for its brand new chain, Arket, that will debut this autumn on Regent Street