Swedish brand H&M’s sales climb 17% in Q2FY22

In the second quarter of fiscal 2022, the net sales of Swedish fashion brand H&M increased by 17 per cent to SEK 54,504 mn (46,509). In local currencies the increase was 12 per cent. In the first half of fiscal 2022, the H&M group’s net sales in SEK increased by 20 per cent to SEK 103,670 mn (86,569). In local currencies the increase was 15 per cent.