Stockholm, Oct. 18(Greenpost)–The H&M group’s sales including VAT increased by 11 percent in local currencies in September 2015 compared to the same month last year.

The total number of stores amounted to 3,733 on 30 September 2015 compared to 3,338 on 30 September 2014.

  H & M Hennes & Mauritz AB (publ) was founded in Sweden in 1947 and is quoted on Nasdaq Stockholm. H&M’s business idea is to offer fashion and quality at the best price in a sustainable way. In addition to H&M, the group includes the brands & Other Stories, Cheap Monday, COS, Monki and Weekday as well as H&M Home. The H&M Group has more than 3,700 stores in 60 markets including franchise markets. In 2014, sales including VAT were SEK 177 billion and the number of employees is more than 132,000.