Fast Fashion Brand H&M Shares Hit A New Low Of 4 Years

Next to the world

The May and two quarter sales data from Inditex SA (ITX.MC) SA (Hennes & Mauritz AB (HMb.ST), the leading retail leader, hit the contrast in the May and the two quarter.

According to the world clothing and shoe net, according to the local exchange rate, the sales of Hennes & Mauritz AB 5 monthly tax included an annual increase of 4%, the growth rate was only 9% of the same period last year, or 6% of the market expectation.

Its own

, COS, Monki and & Other Stories, etc.

The group said its performance in the first half was affected by the difficult market environment of some countries, but the situation in the second half of the month has improved significantly.

In the two quarter of 3-5, tax sales increased by 5% at local exchange rates, and increased by 9.6% to 59 billion 538 million Swedish kronor after converting into Swedish kronor. The post tax sales also rose 9.6% to 51 billion 383 million krona, or about 5 billion 910 million dollars, which was worse than the market forecast of 51 billion 900 million krona.

In contrast, the Zara parent Inditex SA, India and India Group's net sales in the first quarter of 2-4 increased by 14.1% to 5 billion 569 million euros, or 62.2 US dollars, slightly better than the 5 billion 540 million euros expected by the market, and the fixed exchange rate rose 12.5%.

In the 2017 fiscal year ended June 3rd, sales increased by 12% on the basis of local exchange rate, Soci e t e G n n rale SA Anne analyst Critchlow pointed out that the net sales in the first five weeks of the two quarter from May began to grow 10.8% at the local exchange rate, 2.7 times the rate of Hennes Mauritz AB. However, the growth rate of the same store sales of the group has slowed down, and the growth rate since May has dropped to 9% from the same period last year.

Hennes & Mauritz AB (HMb.ST) fell sharply in early trading on Thursday to a maximum of 4.6% to 202.4 Swedish kronor, a 4 year low.

Inditex SA ITX.MC (ITX.MC) also fell further by 1.6% on the basis of a slowdown in growth yesterday.

In recent years, the Inditex SA Indo Textile Group has consistently outperformed Hennes & Mauritz AB in terms of its fast fashion mode and leading online expansion.

Analyst Anne Critchlow pointed out that the H&M brand's young people's low fashion market is now "very difficult". The recent performance reports of the British counterparts New Look Retail Group Ltd. and Topshop parent Arcadia Group Group can be corroborated.

The latest official figures in Britain today showed that retail sales in May fell by 1.2%, down 0.8% from market expectations, and dropped more than 1.6% after gasoline sales, the highest since this year.

Sales of clothing and footwear sales fell by 0.1%, while department stores fell 0.8%. Retailers took the lead in the British general election and Britain's decision to lift prices after the pound's devaluation.

British retail stocks fell in data, retailers such as Marks and Spencer Group PLC (MKS.L), NEXT PLC (NXT.L) and Supergroup PLC (Supergroup) recorded the biggest decline in 3.7%, 5.4% and 2.8% today.

As of May 31st, Hennes & Mauritz AB has 4498 stores, a net increase of 421 stores over the same period last year.

The Inditex SA India India Textile Group has 7385 stores in the world as of April 30th, a net increase of 300 over the same period last year. The group is currently concentrating on online expansion, and the physical network focuses on the establishment of large stores. The group plans to use the online stores and large stores to absorb the sales of small stores. 93.

Since 2017, the stock price of Hennes & Mauritz AB (HMb.ST) has fallen by more than 19%, and the group's market value has been cut to more than 600 billion Swedish kronor from March 2015 to 290 billion kronor.

This year, the chairman of the group, Stefan Persson, has spent nearly 5 billion 500 million Swedish kronor holdings. Now the share of the Persson family has increased from 38.5% at the end of 2016 to 39.9%.

As the average target price of the stock dropped from 265 kronor in the beginning of the year to 240.7 kronor, the Persson family has a further opportunity to increase its holdings.

Analysts who recommend "buy", "hold" and "sell" Hennes & Mauritz AB (HMb.ST) account for 1/3.

More interesting reports, please pay attention to the world clothing shoes and hats net.