The company’s same-store sales – comprising the stores
and the internet and catalogue sales countries that have been in
operation for at least a financial year – decreased by 5%..Karl-Johan
Persson, managing director of H&M, said: “Sales development in
March 2011 should be seen in the light of a very strong sales increase
in the corresponding month last year which among other things was
affected by a positive Easter effect.H&M said its total number of stores amounted to 2,238 on 31 March 2011 versus 2,018 on 31 March 2010..