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Boohoo, H&M Warn Supply Chain Issues Are Hitting European Retail

High shipping costs and global supply chain disruptions are starting to challenge European clothing retailers.
air cargo, air plane, supply chain
Freight cargo. Shutterstock.

Boohoo Group Plc lowered its forecast for sales and profitability while Hennes & Mauritz AB’s revenue growth decelerated as high shipping costs and global supply chain disruption start to challenge European clothing retailers.

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