STOCKHOLM Feb 15 Fashion retailer H&M
on Wednesday reported an 8 percent increase in local-currency
sales in January, but the pick up was smaller than indicated in
a preliminary reading.
The earlier flash reading for January, the second month of
H&M's fiscal third quarter, was 11 percent and included a
negative calendar effect of 2-percentage points.
H&M did not comment further on the updated sales figure. In
December, growth was 6 percent while in January 2016, it was 7
(Reporting by Anna Ringstrom; Editing by Simon Johnson)