YOUR BUSINESS AUTHORITY
Springfield, MO
YOUR BUSINESS AUTHORITY
Springfield, MO
Swedish fashion retailer Hennes & Mauritz AB announced its fiscal second quarter sales dropped 50% to $3.07 billion.
"The sales development during the second quarter was severely affected by the COVID-19 situation," H&M officials said in a statement. "In most markets, stores had to be temporarily closed and in the middle of April around 80% of the group's stores were temporarily closed."
Analysts were expecting sales of nearly $3 billion.
Read more from MarketWatch.
This installment of Springfield Business Journal’s Architects & Engineers Project Report showcases 26 endeavors by area design and engineering professionals.
Longtime employee sues Ozarks Tech, alleges retaliation
Cavender’s opens hat shop in southeast Springfield
Caterpillar to acquire John Fabick Tractor Co.
Eric Schmitt introduces Modern Skies Act
Springfield airport to cut the ribbon on $35M in construction projects
Legacy Bank accused in lawsuit of failing to protect customers in data breach