H&M has released new information prior to today’s CMD in Stockholm. Principally it has disclosed the scale of its online and new format operations and discussed how it proposes to grow going forward. Overall in our view this latter discussion shows that H&M still thinks that it is business as usual, that existing store comps will recover and that a limited closure programme will address its problems. This said sales growth from net new stores of 1-3% pa over 2019-22 implies furt
14 Feb 2018
Capital Markets Event
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Capital Markets Event
H&M Hennes & Mauritz AB Class B (HMSB:ETR) | 0 0 0.3% | Mkt Cap: 203,588m
- Published:
14 Feb 2018 -
Author:
Tony Shiret -
Pages:
3
H&M has released new information prior to today’s CMD in Stockholm. Principally it has disclosed the scale of its online and new format operations and discussed how it proposes to grow going forward. Overall in our view this latter discussion shows that H&M still thinks that it is business as usual, that existing store comps will recover and that a limited closure programme will address its problems. This said sales growth from net new stores of 1-3% pa over 2019-22 implies furt