Sweden’s Hennes & Mauritz AB said Thursday that net profit for its third quarter fell significantly after it booked a one-time cost related to the winding down of its Russian Read more
Tag: SE:HM.B
H&M profit drops after Russia exit costs
Sweden’s Hennes & Mauritz AB said Thursday that net profit for its third quarter fell significantly after it booked a one-time cost related to the winding down of its Russian Read more
H&M to exit Russia completely amid ‘impossible’ situation
STOCKHOLM–Sweden’s Hennes & Mauritz AB will completely exit Russia given the operational challenges and unpredictable future in the country, leading to one-off costs of around 2 billion Swedish kronor ($191 Read more