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

Budget fashion firm Hennes & Mauritz (H&M) generated a slightly bigger rise than expected in sales last month, offering some support to company guidance that results in the second half of the year were likely to be stronger than in the first.

INTERNATIONAL clothing giant Hennes & Mauritz (H&M) will open the first of its Irish stores in Dublin’s Dundrum early next year.