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H&M net profit jumps 52% in second quarter

By Inquirer - 3 days ago
Stockholm, Sweden — H&M posted on Thursday a 52-percent jump in net profit for the second quarter as the world’s second biggest fashion retailer pressed on with efforts to control costs. Chief executive Daniel Erver said the company had achieved its “best profit and cash flow for many years” in the April-to-June period, with profit

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