H&M sales rise in first quarter as it launches US resale scheme

// H&M sales rise in first quarter of 2023
// Last year, H&M saw profits drop as it sought to retain its price-sensitive customersH&M has posted a 12% increase in sales for the first quarter.
In the period between 1 December 2022 and 28 February 2023, the retailer said that excluding Russia, Belarus and Ukraine, the rise in net sales was 16%, and in local currencies, 7%.
Last year, H&M saw profits tumble as it sought to retain its price-sensitive customers and struggled with frei