10cric not opening open url :u158.ccA recovery, albeit slow, as stores reopen in China provides hope, however the expansion of COVID-19 throughout other regions has been catastrophic with sales in March falling by 46 percent in local currency, versus 7 percent growth last year, owing to large-scale store closures across key markets. Online provided some respite with sales lifting 17 percent in local currency in the first month of Q2, with 47 out of 51 online sites still operating. Despite plans to cut operating costs by 20-25 percent, H&M has confirmed Q2 will be loss-making.open url :u158.cc