H&M Expands Transformation Plan as Lower Footfall Continues to Weigh

Fashion retailer Hennes & Mauritz AB (HM-B.SK) on Wednesday laid out plans to help it catch up with rivals after seeing net profit slump 32% in the fourth quarter following a bout of heavy price cutting and lower footfall to its stores. " H&M Expands Transformation Plan as Lower Footfall Continues to Weigh" via FOX BIZ http://ift.tt/2FwAYSa