Shares in the world’s second-biggest fashion retailer H&M Hennes & Mauritz fell to their lowest level since 2005 this week after the group said first-quarter revenue would be lower than expected.
The Swedish company on Thursday reported preliminary figures that showed sales, including VAT, had fallen 1.5% to SKr53.5bn ($6.5bn) in the three months to February 28, compared with SKr54.4bn last year.
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Including:
A local private investor has snapped up the multi-let office for £6.1m
Agency sees group-wide rises for leasing and capital markets revenue
The refurb is set to deliver 250,000 sq ft of office space at 125 Shaftesbury Avenue
Fund house picks up city site from Nuveen
