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H & M Hennes & Mauritz AB Full-year report 2024

ByStyz

FOURTH QUARTER (1 SEPTEMBER 2024 – 30 NOVEMBER 2024)

· The H&M group’s net sales in the fourth quarter amounted to SEK 62,193 m (62,650). In local currencies net sales increased by 3 percent.
· Gross profit increased to SEK 33,942 m (33,657). This corresponds to a gross margin of 54.6 percent (53.7).
· Selling and administrative expenses amounted to SEK 29,303 m (29,314). In local currencies these expenses increased by 2 percent.
· Operating profit increased to SEK 4,624 m (4,332), corresponding to an operating margin of 7.4 percent (6.9). Operating profit was charged with

Lindex makes it easier for its customers to give clothes new life
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Lindex makes it easier for its customers to give clothes new life

ByStyz

Lindex introduces a new customer-to-customer platform (C2C) which makes it easy and safe for customers to buy and sell previously used Lindex garments. The initiative is part of Lindex’s strategy to explore new business models and services as well as drive its circular transformation.
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‘We want to inspire our customers to take care of and love the clothes they already have and make it easy to let garments that are no longer used find new owners. Together with our existing service for baby and kids clothing, we are now making it possible to extend the lifetime of more

Elm signs MoU with Kidana Development Company to streamline collaborative digitalisation efforts 
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Elm signs MoU with Kidana Development Company to streamline collaborative digitalisation efforts 

ByStyz

PRWire

Elm signs MoU with Kidana Development Company to streamline collaborative digitalisation efforts  Riyadh, KSA, 15 January 2025– Elm, a pioneer…

PRWire Press release Distribution Service.