H&M’s July sales better than expected

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The H&M Group’s sales including VAT increased by 16 percent in local currencies in July 2015 compared to the same month the previous year.
This was stronger than analysts’ forecast and the shares shares rose 1.0 percent.

The total number of stores amounted to 3,649 on 31 July 2015 versus 3,314 on 31 July 2014.