(RTTNews.com) – Swedish retailer Hennes & Mauritz AB or H&M (HNNMY.PK, HMRZF.PK, HEN.L) reported Thursday that its sales including VAT for the month of May increased 4 percent in local currencies. Converted into SEK, sales increased by 8 percent. The company noted that sales were affected by tough market conditions in several countries in the first half of the month, while sales improved considerably in the second half of the month…

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