Hennes & Mauritz's quarterly sales including VAT rose by 9% in domestic currencies. The company's quarterly profit declined 30% as dollar increased over local currencies.
earnings report
Breaking News
Apparel retailer Esprit Holdings attributed the loss in 2012 to a sluggish European market and increased competition from other brand names such as Zara and Hennes & Mauritz.
In a surprising but laudable move, multinational retail company Walmart released changes on its 2014 healthcare package, including a provision for LGBT employees to elect domestic spouses in health insurance.
Skylanders action figures sales surpass all action-figure sales in the US and Europe, according to Activision Publishing.
Subscribe to VCpost newsletter
Most Popular
- Doctors Raise Concerns Over Proposed Capital Gains Tax Changes
- Where's My Child Tax Credit 2024: When to Receive My Money After April 15 Tax Filing Deadline?
- Celebrity Designer Nancy Gonzalez Jailed for Smuggling Crocodile, Python Handbags
- IBM Set to Acquire HashiCorp in Possible Mega-Deal, Stock Skyrockets 24% to $6.1 Billion Valuation
- How to Get IRS Unclaimed Tax Refunds: Here's What to Do If You Think You Have Pending Payments
- Kroger and Albertsons to Sell off 166 Stores in Effort to Gain Approval for Their $25 Billion Merger
- Student Loan Forgiveness Processing for This Group of Borrowers Will Stop Next Week
- Stellantis Plans to Lay Off Unspecified Number of Workers at US Factories in Coming Months