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Hennes & Mauritz AB, the fast-fashion retailer that’s been listed on the Swedish stock market since 1974, is steadily moving ...
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.
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 ...
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.
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.
H&M shares tumbled 13% Thursday after the CEO cast doubt on the retailer’s ability to reach its full-year margin target and predicted lackluster June sales. Sales this month are likely to fall 6 ...
Former H&M CEO Helena Helmersson joins the board of directors of Swiss sportswear brand On. She will also sit on the ...