Hennes & Mauritz, Europe’s second-largest clothing retailer, said yesterday its profit rose 31 per cent in the second quarter as the company opened new stores and the Madonna-branded collection was well-received by customers.
H&M, which operates nine stores in the Toronto area, also announced a collaboration with Italian designer Roberto Cavalli.
Net income for the three months through May 31 rose to 3.47 billion Swedish kronor, or $540 million (Canadian), from 2.65 billion kronor a year earlier, H&M said. Sales gained 18 per cent to 20.05 billion kronor. Net income for the first six months rose to 5.1 billion kronor.
“The spring collections have been well received by the customers during the whole first half-year,” the company said.
Shares in H&M, which has a total of 1,420 stores worldwide, dipped 1.54 per cent to 416 kronor yesterday in Stockholm, however.
source : thestar.com





Madonna - Celebration
Madonna - Celebration
Madonna - Celebration
Madonna - Celebration
Madonna - Celebration
I Am Because We Are
Sticky & Sweet
Filth and Wisdom
I Am Because We Are
Miles Away
Sticky & Sweet
Madonna Confessions
Madonna 2009
Give It 2 Me
Give It 2 Me
Hard Candy
Hard Candy
4 Minutes
4 Minutes
And for good reason… the line she designed was very sexy. I’d hope that a sexy men’s line is in her thoughts for sometime in her future too.
jayson xo