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Hennes & Mauritz AB said that stockpiles of unsold clothing, which hit profit in the first quarter, would be under control by the end of the year.
LONDON (Reuters) - U.S. President Donald Trump's actions to raise import tariffs will drive prices up for American consumers, the CEO of fast-fashion retailer H&M said on Thursday, as the company ...
H&M's CEO warns that U.S. import tariffs introduced by President Trump will lead to higher prices for American consumers as the retail giant shifts its supply chain. With major manufacturing in China ...
H&M has ramped up marketing spend in a bid to boost ... we are not satisfied with our result in the first quarter," CEO Daniel Erver said in a call with analysts. "We are still in a high inflation ...
Investing.com -- The CEO of H&M (ST: HMb ), a fast-fashion retailer, has indicated that the increase in import tariffs by U.S. President Donald Trump will likely result in higher prices for American ...
However, Chief Executive Officer Daniel Erver said the company ... Net sales reached 55.3 billion, also below estimates. H&M shares, which fell as much as 5.1% in early trading in Stockholm ...
LONDON, March 27 (Reuters) - U.S. President Donald Trump's actions to raise import tariffs will drive prices up for American consumers, the CEO of fast-fashion retailer H&M (HMb.ST), opens new tab ...