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Revenues down at H&M but use of sustainable materials up

06/04/2021
Revenues down at H&M but use of sustainable materials up

Apparel group H&M has published its annual report for the 12 months spanning December 1, 2019 to November 30, 2020.

Its revenues fell by 20% year on year to reach approximately $21.5 billion. It closed the period with just over 5,000 stores worldwide, 58 fewer than a year earlier.

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