PDA

View Full Version : H&M Profit Jumps as Weaker Dollar Cuts Asia Purchase Costs - Bloomberg



NewsWhore
04-08-2010, 04:10 AM
<img alt="" height="1" width="1" />
H&M Profit Jumps as Weaker Dollar Cuts Asia Purchase Costs (http://news.google.com/news/url?fd=R&sa=T&url=http%3A%2F%2Fwww.bloomberg.com%2Fapps%2Fnews%3Fpid%3D20601085%26sid%3DagYwVkhRQMg4&usg=AFQjCNEHWBXeMkmapg4E9cwYoPBMaVmcfA)
Bloomberg
H&M, which sources about two-thirds of its clothes in Asia, paying in dollars, was hit last year by a strengthening US currency, which lowered its gross ...

[/URL]


[url=http://news.google.com/news/url?fd=R&sa=T&url=http%3A%2F%2Fwww.bloomberg.com%2Fapps%2Fnews%3Fpid%3D20601085%26sid%3DagYwVkhRQMg4&usg=AFQjCNEHWBXeMkmapg4E9cwYoPBMaVmcfA]More... (http://news.google.com/news/more?ned=us&ncl=d9SmLBgjVrdXbrM)