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European stocks edged higher Thursday, but with political risks still lurking underneath solid economic fundamentals, gains were limited and volumes were thin.
Europe's two biggest clothing retailers saw sharply different reactions to recent sales updates, suggesting the two 'fast fashion' trend-setters are forging different paths in a difficult retail market.
One company has edged out H&M.
H&M shares are in focus on Wednesday after reporting a sales miss for January.
H&M reports an 8% rise in sale in January, slightly lower than a preliminary figure released in January.
Investors shrug off concerns over a political crisis in the United States.
European stocks rebounded firmly in early Tuesday trading as investors appeared to shrug off concerns over a gathering political crisis in the United States and focused on improving economic conditions.
H&M shares rose more than 5% in Stockholm after the fast-fashion retailer lifted its 2017 growth target after posting full-year sales that were largely in line with analysts' expectations.
H&M stock dropped in the first hour of trading in Stockholm Monday after it announced sales growth in December was slower than expected.
Foreign brands often struggle in China, but fast-fashion retailers from abroad are making great gains.
Global stocks react to a faster-than-expected Fed hike path after the first rate increase of the year.
H&M sees sales rise 9% in November but falls shy of analysts' forecasts.
Sales at the Swedish clothing retailer rise 10% after a disappointing September.
Wall Street may need to look at Gap with fresh eyes.
European stocks added cautiously to gains Tuesday but investors are in a cautious mood as Americans head to the polls to elect their 45th President.
Primark's retail brand saw sales rise 9% in AB Foods' fiscal year as it continues its march on rivals Zara and H&M.
Margins look set to continue to shrink due to discounting and "unseasonably hot weather."
The world's largest clothing retailer continues to expand into new markets and online.
The Bank of England indicates that a further rate cut might come later in the year.
Supermarket Morrisons surges on unexpected rise in same-store sales despite fierce food price war.
Sales in August grow by a below-forecsat 7% and third-quarter sales inch up 6% in constant currency.
For the first time, Japanese clothing makers sponsored all four players in the semifinals of the U.S. Open. Time for a tennis-focused fund with an Asian bent?
Stocks hold record highs by mid-afternoon Monday as crude oil enjoys another session in rally mode.
Stocks climb on Monday, trading at new intraday records, as crude oil enjoys another session in rally mode.
Stock futures climb on Monday, setting up for new intraday records, as a number of corporate deals boost sentiment.
The Swedish clothing retailer saw monthly sales increase by 10% in local currencies.
The analysts lower their target for the shares but predict a sales upturn in the final months of the retailer's fiscal year.
Despite the market selloff, there are buying opportunities in these three domestic consumer stocks, says Stifel analyst Richard Jaffe.
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