H&M's chief financial officer said that with the exception of Western Europe, sales increased in all regions; the Western European market was impacted by cautious consumer spending intentions and strong industry discounts. Among them, the situation in Germany and the United Kingdom was particularly prominent.

H&M's chief financial officer said that with the exception of Western Europe, sales increased in all regions; the Western European market was impacted by cautious consumer spending intentions and strong industry discounts. Among them, the situation in Germany and the United Kingdom was particularly prominent.