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Prior to 2017,H&M Was Growing at a Torrid Pace,however,several Changes

Question 2

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Prior to 2017,H&M was growing at a torrid pace,however,several changes took place which are represented by all of the following statements except:


A) revenue growth was driven by store openings and the company did not open new stores.
B) profits have been stagnant since discount retailers have lower prices.
C) online competitors are putting a lot of pressure on H&M sales.
D) customers are lured away by Britain's Asos and Germany's Zalando free shipping offers.
E) H&M had a successful business model,which did not change with market conditions.

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