PARIS — H&M Group’s shares closed down more than 12 percent Wednesday following the announcement that chief executive officer Helena Helmersson is stepping down, effective immediately. She had been in ...

H&M unexpectedly announced a change of leadership on Wednesday, with company veteran Daniel Ervér taking over as CEO from Helena Helmersson as the Swedish fashion retailer's performance continues to ...

H&M HM.B-0.18%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 stagnant ...

(Bloomberg) -- 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 ...

LONDON, Jan 31 (Reuters) - The new boss of H&M faces a thorny dilemma: increase prices and lose more ground to budget online fast-fashion rival Shein, or cut prices and risk profit margins falling ...

LONDON, Jan 31 (Reuters) - H&M's new CEO on Wednesday said Red Sea disruptions to shipping are a concern for the fashion retailer, but that higher transport rates are not yet hitting profit. Shipping ...

STOCKHOLM (Reuters) -Swedish fashion group H&M reported a bigger than expected rise in third-quarter profit on Thursday, and while its autumn collections were selling well, CEO Daniel Erver cautioned ...

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. In ...

The latest period marks the second consecutive quarter in which results exceeded expectations, validating CEO Daniel Erver’s strategy of spending on marketing and price promotions. Hennes & Mauritz (H ...