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Back to Home » March 2011 News » H&M Q1 profit drops 30 pct on high cotton prices |
H&M Q1 profit drops 30 pct on high cotton prices |
March 31, 2011
STOCKHOLM (AP) -- Swedish fashion retailer Hennes & Mauritz AB said Thursday that its profit fell 30 percent in the first quarter of the year as a result of higher cotton prices and negative currency exchange effects....
Source URL: http://hosted.ap.org/dynamic/stories/E/EU_SWEDEN_EARNS_HM?SITE=ORLAG&SECTION=HOME&TEMPLATE=DEFAULT
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