H&M shares plunge after ‘worst sales on record’

H&M shares plummeted after the Swedish apparel chain lost more ground to Inditex’s Zara, amid a crisis in brick-and-mortar stores that threatens to undermine retailers with underdeveloped online businesses.
H&M shares plunge after ‘worst sales on record’
Sat, 16 Dec, 2017 - 07:00

By Thomas Mulier

H&M shares plummeted after the Swedish apparel chain lost more ground to Inditex’s Zara, amid a crisis in brick-and-mortar stores that threatens to undermine retailers with underdeveloped online businesses.

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HeathrowPlace: USPlace: StockholmPerson: Thomas MulierPerson: Raymond JamesPerson: Cedric LecasbleOrganisation: H&MOrganisation: InditexOrganisation: ZaraOrganisation: H&MOrganisation: rsquoOrganisation: H&M&rsquoOrganisation: Rival InditexOrganisation: VatOrganisation: H&Organisation: M&rsquoOrganisation: Bloomberg
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