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Daniel Erver, the head of the company, in an interview with Reuters openly admitted that the biggest challenge at the moment ...
H&M is planning to enter the Brazilian market, with both physical and online stores, in the second half of the year.
H&M is trying to win shoppers from rivals in the United States by holding prices steady while Zara and Shein raise theirs, as ...
Swedish fast-fashion retailer Hennes & Mauritz AB is speeding up efforts to source goods from manufacturers closer to its main markets as US tariffs and geopolitical turmoil complicate trade.
Swedish fashion brand H&M ( HNNMY) has long been popular in the U.S. for its take on modern trends at affordable prices. The ...
H&M yesterday posted a fall in profits which was smaller than feared — and it now predicts a sales rebound despite heavy ...
Ervér’s comments came as H&M revealed that sales had risen just 1%, in local currencies, to 112 billion Swedish kroner ($12 billion) in the first half of the year as it closed 4% of its stores.
The Swedish fast-fashion group said it is seeing signs of progress in its turnaround initiatives, despite declines in profits ...
STOCKHOLM ― Swedish 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.
H&M Group has unveiled a sharp fall in operating profits after the retailer closed stores and suffered the impact of currency ...
H&M plans to hold its prices steady in the U.S. as rivals like Zara and Shein raise theirs due to tariffs. By doing so, H&M ...
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