H&M opens more stores, but profits dwindle

March 22, 2019 0 By HearthstoneYarns

2018 has been an eventful year for the H&M Group. While the conglomerate
had a rough start with a profit drop of almost 60 percent in Q1, sales
picked up gradually, and the year ended with a successful collaboration
with Moschino. However, the group is streamlining its business, having
announced last week the closure of its affordable casual Denim brand Cheap
Monday.

Here is an interactive infographic showing the groups’s performance in
the past ten years, plus a closer look at its distribution channels for its
various brands.

H&M Group: state of affairs 2018
Infogram

Source: Statista, H&M