H&M’s Chief Financial Officer Adam Karlsson speaks next to departing Chief Executive Helena Helmersson and incoming CEO Daniel Ervér. Photo: staff/Reuters ...

STOCKHOLM (Reuters) - H&M cannot win on price alone and must make its clothes more trendy and of higher-quality in the fiercely competitive fast-fashion sector, its CEO Daniel Erver told Reuters.

H&M’s New CEO Daniel Ervér Plans to Upscale Fashion, Retail Experience While Lowering Prices. Rhonda Richford. Wed, March 27, 2024 at 7:43 PM UTC. 6 min read. PARIS — Sales down, profit up.

Item 1 of 4 Swedish clothing retailer H&M outgoing Chief Executive Helena Helmersson poses alongside incoming CEO Daniel Erver after its earnings press conference in Stockholm, Sweden January 31 ...

Hennes & Mauritz AB sales growth continued to disappoint even as Chief Executive Officer Daniel Erver’s turnaround strategy for the Swedish fast-fashion retailer helped operating profit and ...

LONDON (Reuters) -Investors will be looking for reassurances from new H&M CEO Daniel Erver that he has the right plan to reboot revenue growth when the fast fashion retailer reports its first ...

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Daniel Erver was most recently was head of the H&M brand. Samuel Steen—TT NEWS AGENCY/AFP/Getty Images. Rankings. 100 Best Companies; Fortune 500; Global 500; Fortune 500 Europe; Most Powerful ...

Chief Executive Officer Daniel Erver said that a pick-up in sales since the cold weather in June won’t be enough to help it achieve a 10% operating profit margin goal. He also pointed to the ...

H&M cannot win on price alone and must make its clothes more trendy and of higher-quality in the fiercely competitive fast-fashion sector, its CEO Daniel Erver told Reuters. In his first year as ...

H&M HM.B-1.21%decrease; red down pointing triangle Hennes & Mauritz has unexpectedly replaced its chief executive as the fast-fashion giant seeks to revive its fortunes after several years of ...