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Hennes & Mauritz reported a 40% jump in third-quarter operating profit, a sign that the Swedish fashion retailer's turnaround strategy of improving profitability and controlling costs is gaining traction.
Hennes & Mauritz reported a drop in second-quarter profit, citing higher purchasing costs and unfavorable currency movements, but said it expects these headwinds to reverse in the second half of the year.
| 17 Nov 2008 |
| H&M GROUP SALES DEVELOPMENT IN SEPTEMBER | 15 Oct 2008 |
| H & M HENNES & MAURITZ AB NINE-MONTH REPORT | 30 Sept 2008 |
| H&M GROUP SALES DEVELOPMENT IN JULY | 15 Aug 2008 |
| NEW CHIEF FINANCIAL OFFICER FOR H & M HENNES & MAURITZ AB AS OF NOVEMBER 2008 | 6 Aug 2008 |