Will summer sun spark sizzling sales at H&M?

Published on: June 22, 2025

By CITY & FINANCE REPORTER

Updated: 21:50 BST, 22 June 2025

H&M will later this week reveal whether the heatwave has boosted Britain’s struggling High Street.

Dismal figures last week showed retail sales tumbled 2.7 per cent in May in the biggest drop in 18 months – much steeper than the 0.5 per cent dip forecast by economists.

But there are hopes the recent hot weather will have encouraged shoppers to splash the cash.

High hopes: H&M is set to reveal whether the heatwave has boosted Britain's struggling High Street

The Swedish fashion group is expected to report a rise in sales for the three months to the end of May in an update on Thursday.

But H&M reported weaker-than-expected sales for the first quarter of its financial year in its previous update in March.

Sales rose 2 per cent to £4.2billion in the three months to February 28, slowing to 1 per cent in March.

DIY INVESTING PLATFORMS

Easy investing and ready-made portfolios

AJ Bell

Easy investing and ready-made portfolios

Hargreaves Lansdown

Free fund dealing and investment ideas

interactive investor

Flat-fee investing from £4.99 per month

Account and trading fee-free ETF investing

InvestEngine

Account and trading fee-free ETF investing

Trading 212

Free share dealing and no account fee

Affiliate links: If you take out a product This is Money may earn a commission. These deals are chosen by our editorial team, as we think they are worth highlighting. This does not affect our editorial independence.

Compare the best investing account for you

:
Will summer sun spark sizzling sales at H&M?

***
Read more at DailyMail.co.uk

Will summer sun spark sizzling sales at H&M?