@fastcompany: The fast-fashion retailer H&M is a staple in many malls and shopping districts across America and much of the rest of the world.   The retailer operates more than 4,000 stores in 81 markets globally.   But recently, H&M has been closing locations around the world, and its latest earnings report, released this week, reveals that more closures are to come. For its most recent quarter, which ended on May 31, H&M reported net sales of about 54.8 billion kronor ($5.6 billion).   As noted by H&M, these results, in local currency terms, “were fairly in line with last year” despite the company having around 3% fewer stores than it did a year earlier.   Read more at the link in bio. #fastcompany #handm #closures

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Friday 26 June 2026 19:30:26 GMT