Citigroup has reduced its target price for H&M to 107 kronor from 115 kronor, while maintaining its "sell" recommendation, according to Bloomberg News.
Hennes & Mauritz AB (H&M) specializes in designing and distributing clothes, accessories and cosmetics for men, women and children. The products are sold primarily under the H&M, H&M Home, COS, Monki, Weekday, Afound, & Other Stories and ARKET brands. Products are manufactured by subcontractors.
At the end of November 2024, products are marketed through a network of 4,353 points of sale (of which 258 franchises) located mainly in Sweden (90), the United States (509), Germany (407), the United Kingdom (228), France (188), Italy (157) and the Netherlands (100).
Net sales are distributed geographically as follows: Germany (15.2%), the United States (13.1%), the United Kingdom (7.4%), France (4.7%), Sweden (3.7%), Italy (3.3%), Poland (3.6%), Netherlands (3.1%), Switzerland (2.9%), Canada (2.8%) and others (40.2%).
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Investor
Investor
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Global
Global
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Quality
Quality
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