H&asdfssdfsmp;M, a Swedish affordable fashion company, has increased sales of original-priced goods and decreased sales of discounted goods due to its successful market strategy. The company’s latest financial report for 2011 (December 2021 to February 2011 The figures for the month were impressive, with net profit reaching SEK 5 billion, a significant increase of 30% compared to the same period last year.
H&asdfssdfsmp;M CEO said that despite the pressure of inflation, companies have observed that consumer purchasing behavior has not changed much, and H&asdfssdfsmp;M will continue to pay attention to inflation Impact. In addition, H&asdfssdfsmp;M has been greatly affected by the Russia-Ukraine war recently. Especially after the closure of business activities in Russia, Ukraine, and Belarus, the company’s sales in Eastern Europe dropped significantly by 11%.
In addition to the impact on the Eastern European market, H&asdfssdfsmp;M in the Chinese market was sanctioned by Chinese consumers due to Xinjiang issues in 2021. Coupled with the impact of epidemic control, market sales are still Not fully recovered.
H&asdfssdfsmp;M spares no effort in the well-being of its employees. In response to the recent U.S. justice’s rejection of women’s right to abortion, the company has proposed a funding plan to assist employees who need abortions with transportation expenses. . </p
