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Europe’s New Blow to Shein and Temu Ends up Splashing H&M and Retail Low Cost
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The fashion firm H&M will present its results for the first quarter on June 25, in a quarter where it has faced a much more rigorous horizon. Likewise, Jefferies experts have revised their estimates downwards, placing the company’s target price at 154 Swedish crowns, representing a drop of 7% from previous valuations. In this sense, H&M faces a ‘cooling’ in the market’s prospects that responds to an environment of highly strained inputs, marked …
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