Swedish clothing retailer H & M plans to close 250 stores in 2021, equivalent to about 5% of the total number of stores, after closing 50 stores this year due to the epidemic, Swedish clothing retailer H & M said on Thursday. However, the company said the worst of the new crown pandemic crisis was over, and its third quarter earnings as of August 31 were better than expected. < / P > < p > the company’s net profit in the third quarter fell to 1.82 billion kronor from 3.86 billion Swedish kronor in the same period of last year, but far better than the average forecast of 1.41 billion kronor by analysts surveyed by FactSet. The report shows that the number of app store purchases soared in the first half of this year due to the impact of covid-19

By ibmwl