H&M’s CEO unexpectedly quit on Wednesday and company veteran Daniel Ervér took over with immediate effect, as the Swedish fashion retailer struggles to boost sales and profitability.

Helmersson, who is leaving H&M after 26 years at the company, has been replaced as CEO by Daniel Erver. He was most recently head of the H&M brand, which is the largest within the group.

Mark Faithfull is London-based and covers retail and real estate Amid downbeat results, H&M's CEO, Helena Helmersson surprised the market when she stepped down. The Swedish fast fashion giant ...

In a recent interview with Reuters, H&M CEO Daniel Erver unveiled the company's bold new strategy in order to compete with Zara and its parent company, Inditex. "Just competing on lowest price ...

Daniel Ervér is new CEO effective immediately Dec-Jan sales down 4% Q4 operating profit below forecast Shares slide 12% STOCKHOLM, Jan 31 (Reuters) - H&M (HMb.ST), opens new tab unexpectedly ...

“We believe there’s a strong resonance between fashion, pop culture and music,” H&M chief executive officer Daniel Ervér told WWD after the group reported first-quarter results Thursday.

Former H&M CEO Helena Helmersson joins the board of directors of Swiss sportswear brand On. She will also sit on the ...

H&M CEO in push to elevate brand H&M plans more influencer, pop star collaborations H&M Q4 sales miss but profit margin up STOCKHOLM, Jan 30 (Reuters) - H&M cannot win on price alone and must make ...