H&M chief executive plans to double sales by 2030
Ambitious target set as fast fashion retailer’s sales recover and profit jumps 64%
Ambitious target set as fast fashion retailer’s sales recover and profit jumps 64%
Online sales are set to rise for Swedish clothing company
Retailer was looking into asking shareholders to convert dividends into new shares
Swedish retailer has struggled to keep pace with competitors such as Zara
Warning impending price cuts to clear inventory could affect expected profit levels
Inditex’s gross margin falls to 56.5 per cent from 58.9 per cent
Europe’s second-biggest clothes retailer plans to open 350 new stores this year
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