H&M sales surge as stores reopen  

Online fashion seller Boohoo also sees sales jump

Sales at H&M were up 62% year on year in the period from March to May as pandemic restrictions eased.

Sales at H&M – the world's second largest fashion retailer – jumped from March to May compared to a year earlier as pandemic restrictions eased in many markets and online demand stayed strong, but revenue was still well below 2019 levels.

Separately, UK-based online clothes seller Boohoo – which this year bought the Dorothy Perkins, Burton, and Evans brands for online only after the collapse of the Topshop-Arcadia group – posted a 32% rise in sales in its latest quarter, benefiting despite the easing of lockdown restrictions on its rival physical stores, like H&M.