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Daily Digit: H&M February Sales Dip

3% is today's Daily Digit in Europe - the amount sales were down in February at fashion retailer H&M. The world's second largest fashion retailer blamed a missing day for the drop, 2012 was a leap year. But it's the fifth straight month of falling sales. And total sales, although up 5 percent, also missed forecasts of 7 percent. H&M's been hit by weak consumer spending in Europe, where most of its business is. But rival Inditex, which owns Zara, has bucked this trend.
 
 
 

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