Hennes & Mauritz AB (HM-B.ST, HMSB.DE,HMRZF.PK), or H&M Group, Wednesday said sales from comparable units in January went up 3 percent year-over-year, with total sales, inclusive of VAT, rising 12 percent. The retailer noted that 2,488 stores were open as of January 31, 2012 compared to 2,210 stores open a year ago.
The company added that February sales development, as well as quarterly total sales, may be available on March 15, 2012. The quarterly report is scheduled for release on March 29, 2012.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.