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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

Lindex opens store in Magasin du Nord’s flagship department store in Copenhagen
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Lindex opens store in Magasin du Nord’s flagship department store in Copenhagen

ByStyz

As part of Lindex’s omnichannel strategy and continued growth journey, the fashion company is opening a shop-in-shop in Magasin du Nord’s flagship department store in Copenhagen. This new establishment is a step in Lindex’s expansion and its commitment to reaching even more customers. As a first step, Lindex is offering its lingerie collection, a category where the fashion company has unique expertise.
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“We are excited to strengthen our presence in Denmark, and through our partnership with Magasin du Nord, we are making it easier for Danish customers to shop Lindex fashion – both

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Flatbay Capital Provides .5 Million CRE Financing for Texas Distributor

ByStyz

Flatbay Capital’s client is a family-owned and operated distributor of industrial and maritime products based in Texas. Established in 1963, the company has built a solid reputation as a trusted partner for numerous national businesses.