Advertisement
Singapore markets closed

  • Straits Times Index

    3,287.75
    -5.38 (-0.16%)
     

  • S&P 500

    5,071.63
    +1.08 (+0.02%)
     

  • Dow

    38,460.92
    -42.77 (-0.11%)
     

  • Nasdaq

    15,712.75
    +16.11 (+0.10%)
     

  • Bitcoin USD

    63,887.50
    -2,715.21 (-4.08%)
     

  • CMC Crypto 200

    1,361.60
    -20.98 (-1.52%)
     

  • FTSE 100

    8,099.47
    +59.09 (+0.73%)
     

  • Gold

    2,339.60
    +1.20 (+0.05%)
     

  • Crude Oil

    83.25
    +0.44 (+0.53%)
     

  • 10-Yr Bond

    4.6600
    +0.0080 (+0.17%)
     

  • Nikkei

    37,628.48
    -831.60 (-2.16%)
     

  • Hang Seng

    17,284.54
    +83.27 (+0.48%)
     

  • FTSE Bursa Malaysia

    1,569.25
    -2.23 (-0.14%)
     

  • Jakarta Composite Index

    7,155.29
    -19.24 (-0.27%)
     

  • PSE Index

    6,574.88
    +2.13 (+0.03%)
     

H&M October sales 12 percent, just below expectations

Reuters
People walk past the window of a H&M store in Paris, France, August 24, 2015. REUTERS/Regis Duvignau

STOCKHOLM (Reuters) - Hennes & Mauritz (HMb.ST), the world's second-biggest fashion retailer, reported a 12 percent year-on-year rise in October sales in local currencies on Monday, just below expectations.

The mean forecast in a Reuters poll of analysts had been for a 13 percent rise in October, the second month of its fiscal fourth quarter.

H&M, which trails Zara owner Inditex (ITX.MC), said the total number of stores amounted to 3,807 on 31 October 2015 compared to 3,437 on 31 October 2014.

(Reporting by Anna Ringstrom; Editing by Simon Johnson)