H&M has warned of potential price rises and a delay to products entering the UK because of Brexit. Photograph: Profits at H&M's UK operations fell by almost three-quarters to £7.5m ($9.2m) in the year to 30 November 2018. However, the company is investing in areas such as digital, data, AI and the supply chain, Vinge said.
H&M has warned of potential price rises and a delay to products entering the UK because of Brexit. Head of investor relations Nils Vinge said the UK would remain one of the clothing retailer's key markets. Profits at H&M's UK operations fell by almost three-quarters to £7.5m ($9.2m) in the year to 30 November 2018. However, the company is investing in areas such as digital, data, AI and the supply chain, Vinge said.