Hennes & Mauritz (H&M) is a Swedish multinational brand known for its fashionable offerings at affordable prices. H&M has gained notoriety as a leader in the fast fashion space, with more than 5,000 stores spanning across 74 global markets and employing over 120,000 people. Over time, H&M has expanded its product lines from only womenswear to include menswear, childrenswear, footwear, accessories, cosmetics, and even home furnishings. In 2020, H&M realized net sales of $23.2 billion, which marked an 18 percent decrease from the prior year due to pandemic-related store-closures that shut 80 percent of the group’s retail locations. Subsequently, the fast-fashion retailer achieved a bottom line of $130 million in 2020, a significant drop from their $1.42 billion net profit in the pre-pandemic, 2019 fiscal year.
What are effects of Jupiter (Guru) and Ketu conjunction in 9th House of Gemini (Mithuna) Ascendant (Lagna)?
Jupiter in Vedic Astrology is considered to be the second most powerful planet. It is also called the Devaguru or Brishaspti. The planet itself is…