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Swedish fashion retailer H&M reported slightly stronger second-quarter profit on Thursday, an encouraging sign as CEO Daniel Erver tries to attract more shoppers with trendier clothes.
Despite that, CEO Daniel Erver said that shoppers are very price sensitive right now, noting cautious behavior in what he called "uncertain times." As for price increases, Erver said during a ...
Clothing retailer H&M said it’s starting to see rivals in the U.S. raise their prices due to tariffs — and it may follow suit soon.
H&M’s fiscal second quarter sales came in weaker-than-expected, though the world’s second largest clothing retailer pointed to an uptick in summer demand.
H&M CEO Daniel Erver said on Thursday constantly changing tariffs had created turbulence, with the world's second-largest listed fashion retailer planning for multiple scenarios.
Chief Executive Daniel Erver hopes that by investing in new product ranges, marketing campaigns to attract more customers and improving the buying experience through digital upgrades will all help ...
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H&M Q2 profit beats expectations despite "cautious" consumersSwedish fashion retailer H&M reported a slightly stronger second-quarter profit on Thursday, an encouraging sign as CEO Daniel Erver tries to reboot the brand and improve profitability. Francis ...
H&M is trying to win shoppers from rivals in the United States by holding prices steady while Zara and Shein raise theirs, as U.S. tariffs disrupt the fast-fashion industry that relies on imports ...
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