H&M closed its operations in Russia after the invasion of Ukraine
(Picture: AFP via Getty Images)Swedish fashion chain H&M rang up a less than expected boost in sales during the third quarter of the financial year as the cost of living crisis hit even basic clothing purchases.
Tills slowed at stores as the group struggled to keep pace with rivals Zara and Uniqlo, as the quarter got off to a “weak start”, according to the high street chain.
