Coronavirus to dreverse H&M’s quarterly growth
// H&M braces for loss-making second quarter after recording 46% plunge in sales in March alone
// It follows an 8% increase in sales in Q1 ending February 29H&M’s growth in the second quarter is expected to be dramatically reversed after a surge in sales in the first quarter, which ended before the coronavirus outbreak escalated globally.
On Friday, the Swedish fashion giant posted an eight per cent increase in sales in the three months ending February 29.
However, H&M Group s
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