H&M's CEO Daniel Erver emphasizes the need for trendier and higher-quality fashion to compete with brands like Zara and Shein ...
The Swedish H&M Group saw its group revenue decrease by 1 % both in the fourth quarter and over the entire year.
H&M cannot win on price alone and must make its clothes more trendy and of higher-quality in the fiercely competitive ...
AN iconic American clothing chain is set to close a major city centre store in weeks. Hollister, a subsidiary of Abercrombie ...
Hennes & Mauritz AB sales growth continued to disappoint even as Chief Executive Officer Daniel Erver’s turnaround strategy ...
H&M's fourth-quarter sales fell short expectations, partly due to a late Black Friday. CEO Daniel Erver notes marketing ...
The H&M group's net sales in the fourth quarter amounted to SEK 62,193 m (62,650). In local currencies net sales increased by 3 percent. Gross ...
Shares of H&M dropped on Thursday after the world’s second-largest retailer missed sales forecasts in the fourth quarter.
H&M reported weaker-than-expected fourth-quarter sales on Thursday due in part to a late Black Friday, but said sales were up ...
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 ...