H&M shares fell over 5% on Thursday after the retailer missed fourth-quarter sales forecasts. The company attributed the ...
H&M's CEO Daniel Erver emphasizes the need for trendier and higher-quality fashion to compete with brands like Zara and Shein ...
H&M cannot win on price alone and must make its clothes more trendy and of higher-quality in the fiercely competitive ...
The Swedish H&M Group saw its group revenue decrease by 1 % both in the fourth quarter and over the entire year.
Hennes & Mauritz AB sales growth continued to disappoint even as Chief Executive Officer Daniel Erver’s turnaround strategy ...
The Swedish fashion retailer saw a dip in sales in the time leading up to Black Friday and Christmas, although it said sales growth improved in December and January ...
Daniel Erver, who was appointed as the Hennes & Mauritz boss last January, said he is confident the group is ‘on the right ...
H&M's fourth-quarter sales fell short expectations, partly due to a late Black Friday. CEO Daniel Erver notes marketing ...
H&M reported weaker-than-expected fourth-quarter sales on Thursday due in part to a late Black Friday, but said sales were up ...
Swedish fashion giant H&M Group has reported net sales in 2023/24 of SEK234.48bn (£17.1bn) – up 1% – and a jump in operating ...
H&M boss Daniel Ervér has said the Swedish retailer is “on track” as it revealed FY operating profits in the year to Nov 30 jumped 28% to SEK 17.3bn (£1.2bn).
H&M has been investing heavily in new product ranges and marketing as it seeks to regain market share in an increasingly competitive market, while also updating some stores while shutting others. It ...