H&M Profit Jumps 38% as Fashion Giant Shifts to Greener Supply Chain

H&M reported a 38% surge in quarterly operating profit to 6.4 billion kronor while accelerating its carbon reduction goals within its Vietnamese supply chain.The fashion group proposed a dividend of 7.10 kronor per share after concluding the fiscal year with a 12.1 billion kronor net profit despite facing currency headwinds and stagnant sales.Following the end of money laundering investigations, Swedbank CEO Jens Henriksson announced a 33.5 billion kronor distribution to shareholders as Donald Trump filed a $50B lawsuit against JP Morgan.