Exit of investor in H&M retailer weighs on shares

One of H&M’s largest shareholders has lost its patience.

Exit of investor in H&M retailer weighs on shares
Tue, 23 Jan, 2018 - 07:15

One of H&M’s largest shareholders has lost its patience.

Skandia’s actively managed funds have spent the past months selling off most of its stake in Hennes & Mauritz after watching the fashion retailer struggle with weakening sales in its physical stores and intensifying online competition.

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