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H&M September Sales Rose at Slowest Pace in Year on Warm Weather

2014-09-25 14:28:00| Appliances - Topix.net

Hennes & Mauritz AB said September sales growth advanced at the slowest pace in a year as warm weather in many markets held back shoppers from updating their autumn wardrobes. The shares fell the most in six months as the clothing retailer also reported a decline in third-quarter gross margin to 58.3 percent from 58.8 percent.

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