STOCKHOLM (Reuters) - Sweden's Hennes & Mauritz (ST:HMb), the world's second-biggest fashion retailer, reported an 11 percent year-on-year rise in September sales in local currencies on Thursday, just below a preliminary reading.
H&M, which trails Zara owner Inditex (MC:ITX) by sales and value, had already reported a 12 percent rise in the Sept. 1-22 period, saying sales took off again in the month as the weather became more normal, after August was hit by unseasonably warm weather in key markets.