H&M's 9-mo FY 2017 sales in Croatia increase 3% y/y

In the local kuna currency, H&M sales in Croatia dropped 1% over the review period, the company said in its nine-month financial report.

In the third quarter of fiscal year 2017, H&M sales in Croatia fell 3% on the year to 225 million Swedish crowns. In the kuna currency, H&M sales in Croatia decreased 6% between June 1 and August 31.

H&M operated 15 stores in Croatia at the end of August.

In Southeast Europe, H&M is also present in Slovenia, Bulgaria, Romania, Serbia and Turkey.

(1 euro=9.62648 Swedish crowns)