Releases - H & M Hennes & Mauritz AB

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2003

 

Found press releases

 

Big step towards a solution in the U.S.

12/19/2003 2:30 AM EST
In a letter to H&M, the central US trade union AFL-CIO expresses its wish to assist H&M in its effort to reach a satisfactory solution in the ongoing dialogue regarding the process for union representation of H&M’s US employees.
John Sweeney, President of AFL-CIO writes in the letter that he will take actions to the effect that any further public actions against H&M will be withheld while the discussions to...

Agreement between H&M and Union Network International

12/18/2003 3:55 AM EST
H & M Hennes & Mauritz AB, the multinational retail company with about 950 stores in 18 countries and 40,000 employees, and the international union UNI, Union Network International, with 15 million members in 900 affiliated unions in 140 countries, have negotiated an agreement to work together to secure and promote fundamental worker’s rights at all H&M’s workplaces worldwide.

H&M in contact with AFL-CIO to solve the issue of union representation in the US

12/18/2003 3:50 AM EST
In a reply to the American trade union organisation AFL-CIO H&M suggests a direct discussion between H&M and AFL-CIO in order to solve the issue regarding the union representation of H&M:s US employees.
H&M is willing to replace the current US legal process regarding union representation currently used in the US that AFL-CIO wants to abandon, with another process that would satisfy everyone's concern about...

Sales development, November

12/15/2003 2:30 AM EST
Turnover for the H&M Group increased in November 2003 by 4 per cent compared with the corresponding period last year. Calendar adjusted, sales increase amounted to 8 per cent.

Sales of the heavy winter collection, knitwear, coats and jackets, have developed weakly, especially on the German and the Swedish market.

Sales increase per month in per cent excluding currency rate changes:


1999/00 2000/01...

H&M Proposes a Fair, Peaceful, and Democratic Process for Trade Union Representa...

12/8/2003 2:30 AM EST
H&M has always sought to maintain good relations with its employees and to trade unions. For us, it goes without saying that each member of the staff has the right to belong to and participate actively in a trade union organization.

H&M currently has 40,000 employees in about 30 countries. We are opening a hundred new stores, and grow by 3,000-4,000 people each year. To enable such a rapid expansion, it is...

Sales development, October

11/14/2003 2:30 AM EST
Turnover for the H&M Group increased in October 2003 by 10 per cent compared with the corresponding period last year.

Sales increase per month in per cent excluding currency rate changes:


1999/00 2000/01 2001/02 2002/03


December 19 7 10 16
January 13 22 8 18
February 27 16 16 10
March 5 27 16 8
April 18 15 12 12
May 15 20 11 9
June 7 21 19 8
July 10 18 18 8
August 3 26 16 5
September 22 34 8...

Sales development, September

10/15/2003 2:30 AM EST
Turnover for the H&M Group increased in September 2003 by 6 per cent compared with the corresponding period last year.

Sales increase per month in per cent excluding currency rate changes:


1999/00 2000/01 2001/02 2002/03


December 19 7 10 16
January 13 22 8 18
February 27 16 16 10
March 5 27 16 8
April 18 15 12 12
May 15 20 11 9
June 7 21 19 8
July 10 18 18 8
August 3 26 16 5
September 22 34...

INTERIM REPORT - NINE MONTHS 1 December 2002 - 31 August 2003

9/25/2003 2:30 AM EST
• H&M's Group turnover amounted to SEK 40,235 (37,369) M, an increase of 8 per cent. In comparable currency rates the increase was 10 per cent.

• Profit after financial items was SEK 6,335 (5,225) M, an increase of 21 per cent.

• Profit after tax for the group amounted to SEK 4,118 M (3,396), corresponding to SEK 4.98 per share (4.10).

• Turnover for the third quarter amounted to SEK 13,209 M, an increase...

Sales development, July

8/15/2003 2:30 AM EST
Turnover for the H&M Group increased in July 2003 by 8 per cent compared with the corresponding period last year.

Sales increase per month in per cent excluding currency rate changes:


2000/01 2001/02 2002/03

December 7 10 16
January 22 8 18
February 16 16 10
March 27 16 8
April 15 12 12
May 20 11 9
June 21 19 8
July 18 18 8
August 26 16
September 34 8
October 18 26
November 20 14
Whole...

Sales development, June

7/15/2003 2:30 AM EST
Turnover for the H&M Group increased in June 2003 by 8 per cent compared with the corresponding period last year.

Sales increase per month in per cent excluding currency rate changes:


2000/01 2001/02 2002/03

December 7 10 16
January 22 8 18
February 16 16 10
March 27 16 8
April 15 12 12
May 20 11 9
June 21 19 8
July 18 18
August 26 16
September 34 8
October 18 26
November 20 14
Whole...

H & M Hennes & Mauritz AB

H & M has expanded substantially in recent years and today we sell clothes and cosmetics in around 2,200 stores spread over 40 markets worldwide. Our 87,000 employees are all working to the same philosophy: to bring you ...

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