Market leader Inditex (ITX.MC), the owner of Zara, earlier this month also reported quarterly profits above pre-pandemic levels. At the height of the COVID-19 pandemic, most stores were closed due to lockdowns and. H&M's shares were roughly unchanged at 0915 GMT. H&M said around 50 of its 5,000 stores remained temporarily closed currently, against 180 at the start of June. It had said in July that prospects of paying a dividend in the autumn were very good, after it failed to propose one at its annual general meeting in May. The group proposed paying a dividend for 2020 of 6.50 crowns per share in November.
Also set Sale Alerts and shop Exclusive Offers only on ShopStyle. Prices for cotton are rising on strong Chinese demand and unfavourable weather in key growing regions. Shop 13 top H&M Womens V-Neck Sweaters and earn Cash Back from retailers such as H&M all in one place. dollar effect subsides and the high shipping and raw materials prices remain, the overall market situation for purchasing costs in the fourth quarter will gradually become less positive." dollar exchange rate had in its third quarter offset substantially higher prices for shipping and raw materials, but warned:
Discover wide range of Womens long& short sleeve, cropped and more to fit for every occasion. Shop 81 top H&M Boys Sweaters and earn Cash Back from retailers such as H&M all in one place. At the height of the COVID-19 pandemic, most stores were closed due to lockdowns and restrictions. Find the latest styles and trends in Knit Tops at SHEIN. H&M said around 50 of its 5,000 stores remained temporarily closed currently, against 180 at the start of June.
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