H&M rises, analyst points to EU import duty impact

H and M Hennes and Mauritz AB

18/08/2026 11:57

** Shares in H&M HMb.ST rise about 4% and sit on top of the European STOXX 600 Index .STOXX
** Danske Bank analyst Daniel Schmidt highlights reports that a new EU import duty has reduced imports of smaller parcels from companies like competitor Shein
** H&M is a clear winner on that regulatory change, Schmidt says
** Schmidt also flags that several companies, including an H&M competitor, have got tariff refunds in the U.S.
** H&M will likely also get a refund, he adds
** H&M shares have fallen about 4% year to date

(Reporting by Alexander Klyve Gudbrandsen)
((alexanderklyve.gudbrandsen@thomsonreuters.com))