H & M Hennes & Mauritz AB Full-year report 2024

FOURTH QUARTER (1 SEPTEMBER 2024 – 30 NOVEMBER 2024)

· The H&M group’s net sales in the fourth quarter amounted to SEK 62,193 m (62,650). In local currencies net sales increased by 3 percent.
· Gross profit increased to SEK 33,942 m (33,657). This corresponds to a gross margin of 54.6 percent (53.7).
· Selling and administrative expenses amounted to SEK 29,303 m (29,314). In local currencies these expenses increased by 2 percent.
· Operating profit increased to SEK 4,624 m (4,332), corresponding to an operating margin of 7.4 percent (6.9). Operating profit was charged with

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The Children’s Place Launches Online Storefront on Shein

The Children’s Place Partners with Shein for New Apparel Line

Discover the exciting collaboration between The Children’s Place and Shein, a rapidly growing shopping app. This partnership aims to revitalize the children’s apparel market by offering stylish and trendy clothing options. Explore the latest collections from The Children’s Place, now available through this innovative partnership!

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