Australia Bright Spot for H&M

Australia has proved a bright spot for Swedish fast-fashion giant H&M, with sales surging more than 50 per cent in a highly-competitive market.
Fresh from Wesfarmers department store boss Guy Russo warning that H&M and its international peers Zara and Uniqlo will "regret making the trip Down Under", H&M has revealed that sales in Australia rose to 449 million Swedish krona ($A71 million) in the May quarter. Sydney Morning Herald – Read more…