338
Fashion Jobs
L'OREAL GROUP
Assistant Purchasing Manager (Marketing, Digital IT)
Permanent · HONG KONG
DR. MARTENS
Head of Financial Accounting, Apac
Permanent · TSIM SHA TSUI
TJX COMPANIES
Director of Sourcing, Apparel -Hong Kong
Permanent · KWUN TONG
A & F
Abercrombie & Fitch - Brand Representative (Part-Time / Full-Time), Harbour City
Permanent · TSIM SHA TSUI
FRESH
Senior/Retail & Education Executive, tr Apac
Permanent · HONG KONG
JAEGER
Training Manager
Permanent · HONG KONG
KERING EYEWEAR
Kering Eyewear Assistant Trade Marketing Manager Travel Retail
Permanent · HONG KONG
BOBBI BROWN COSMETICS
Senior Education Manager, Bobbi Brown, Apac
Permanent · HONG KONG
TOM FORD
Marketing Director, Tom Ford Beauty
Permanent · HONG KONG
ESTÉE LAUDER COMPANIES
Assistant Demand Planning Manager
Permanent · HONG KONG
ESTÉE LAUDER - BRAND
Retail Marketing Manager, Estée Lauder
Permanent · HONG KONG
CLINIQUE
Senior Marketing Manager, Clinique
Permanent · HONG KONG
LOUIS VUITTON MALLETIER
Repair Operations Specialist
Permanent · HONG KONG
LOUIS VUITTON MALLETIER
Specialist - Client Development
Permanent · HONG KONG
LOUIS VUITTON MALLETIER
Senior Specialist - Client Development
Permanent · HONG KONG
BENEFIT COSMETICS
Retail & Operations Manager
Permanent · HONG KONG
CHRISTIAN DIOR COUTURE
Logistics Officer - Sales Administration
Permanent · CAUSEWAY BAY
LORO PIANA
Client Development Manager
Permanent · HONG KONG
BOBBI BROWN COSMETICS
Senior Education Manager, Bobbi Brown, Apac
Permanent · HONG KONG
L'OREAL GROUP
Supply Chain Planner
Permanent · HONG KONG
ADIDAS
Director, Sustainable Sourcing - Chemical, Water & Waste Management
Permanent · HONG KONG
HYPEBEAST
Account Manager
Permanent · HONG KONG
By
Reuters
Published
Oct 15, 2009
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H&M sales miss forecasts in September

By
Reuters
Published
Oct 15, 2009

STOCKHOLM, Oct 15 (Reuters) - Swedish fashion retailer Hennes & Mauritz (HMb.ST) posted worse-than-expected sales in September as the economic downturn and warm weather kept consumers out of the shops.

H&M
H&M

Sales at established stores fell 8 percent year-on-year versus the mean forecast in a Reuters poll of 10 analysts for like-for-like sales to drop 7 percent.

The world's third-biggest clothing retailer by sales said in a statement on Thursday 15 October that turnover had been affected by the recession and unusually warm weather in September in most of its markets.

"Sales were satisfactory where the weather conditions were more normal," the company said.

Total sales were up 1 percent, undershooting a forecast for a 2 percent rise. H&M only gives round numbers for monthly sales and does not give currency figures.

H&M saw its shares hit last month after reporting a weaker-than-expected 11 percent fall in like-for-like sales in August, eclipsing unexpectedly strong quarterly profit unveiled the same day.

The company said unusually warm weather in parts of its key European market had been partly to blame then as well, but retail data has also inspired caution with German retail sales falling unexpectedly in August.

Even so, a low-cost focus and geographical spread has helped H&M and Spanish rival Inditex ITX.IC, Europe's biggest clothing retailer with its Zara chain, weather the market doldrums better than mid-market rivals such as Britain's Marks & Spencer (MKS.L) and Next (NXT.L).

(editing by John Stonestreet)

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