H&M has fallen out of investment fashion. For that to change, management needs to make clearer how its online strategy will revive flagging growth and margins in its core stores. The Swedish retail giant updated its growth target alongside annual results Tuesday. For many years it has aimed to increase its store count by 10% to 15% a year. Now that target will apply to sales rather than stores to take account of the shift of...
Source: Wall Street Journal January 31, 2017 16:58 UTC