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H & M Hennes & Mauritz AB Three-month report 2025

ByStyz

First quarter (1 December 2024 – 28 February 2025)

· The H&M group’s net sales in the first quarter increased by 3 percent to SEK 55,333 m (53,669). In local currencies net sales increased by 2 percent with around 3 percent fewer stores compared with the previous year.
· Gross profit amounted to SEK 27,169 m (27,655). This corresponds to a gross margin of 49.1 percent (51.5). The gross margin for the quarter was affected by negative external factors, increased markdowns and investments in the customer offering. The Swedish krona strengthened in the first quarter, with the result

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Local Initiative Aims to Garner Support for Dolly Parton’s Imagination Library

ByStyz

Children’s access to Dolly Parton’s Imagination Library was recently called into question due to an unexpected shortfall in the state’s budget allocated for the program. Partners for Children and Families has…

National and Local Grant Funding Supports Home-Based Childcare Centers Owned by Minorities in Akron
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National and Local Grant Funding Supports Home-Based Childcare Centers Owned by Minorities in Akron

ByStyz

Fifteen minority-owned, home-based childcare centers in Akron are being awarded grants, as confirmed by city officials. This funding represents progress toward Akron Mayor Shammas Malik’s objective of achieving universal childcare access.