H&M profit drops 34 percent

Overseas H&M reports a 34 percent drop in fourth-quarter profit. The chain has plans to close stores as stock slides to a nine-year low.
Overseas H&M reports a 34 percent drop in fourth-quarter profit. The chain has plans to close stores as stock slides to a nine-year low.
Scandinavian trends have worked their way into our homewares and design industry, but can they take on the car market? Swedish car brand Volvo’s latest campaign is pushing to get more Kiwis buying its cars through a deal that lets them travel to its motherland for free, so long as they buy a brand-new Volvo car from a dealership.