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Mobile Court conducted an eviction drive at Landmark housing area in the city yesterday.

7 May 2015, 12:00 am0

H&M profits pulled down by stock mishaps, declining prices

AFP, Stockholm :Swedish ready-to-wear giant Hennes and Mauritz (H&M) on Thursday said profits fell in the second quarter as too much stock, triggered by logistics problems, pulled prices further down amid declining sales in key markets.H&M’s net profit fell by 21 percent to 4.6 billion kronor (446 million euros, $515 million) from March to May, burdened by the transition of its logistics system to make the supply chain faster.“These transitions are complicated and can result in temporary interruptions, as unfortunately...

30 Jun 2018, 12:00 am