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H&M, Inditex sales decline as Europe locks down again

(Bloomberg)—Hennes & Mauritz AB and Zara owner Inditex SA both reported that an improvement in sales stalled in the autumn as a new round of COVID-19 lockdowns led consumers to curb spending on clothes. From late October through November, H&M’s sales fell 22% from a year earlier, the Swedish retailer said Tuesday. Spanish rival Inditex […]

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