H&M’s goal is “improving what makes the biggest difference for the customer and removing what doesn’t,” CEO Daniel Ervér said.
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 margins ...
Daniel Erver (pictured), who was appointed as the Swedish retail giant's boss last January, said he is confident the group is 'on the right track'.
its CEO Daniel Erver told Reuters. In his first year as CEO, Erver has spearheaded investments in marketing to boost the H&M (HMb.ST), opens new tab brand's appeal, as well as a push to speed up ...
However, the Swedish retail giant said sales growth improved in December and January as it started a new financial year. Daniel Erver, who was appointed as the Hennes & Mauritz boss last January, said ...
Shares of H&M dropped on Thursday after the world’s second-largest retailer missed sales forecasts in the fourth quarter.
H&M, the Swedish fast-fashion retailer, reported weaker-than-expected sales for the fourth quarter, partly due to a late Black Friday. However, sales rose 4% in December and January. CEO Daniel ...
CEO Daniel Erver, who took over a year ago, said investments in marketing were starting to pay off as its operating profit margin for the fourth quarter to Nov. 30 widened to 7.4% from 6.9% a year ...
H&M's fourth-quarter sales fell short expectations, partly due to a late Black Friday. CEO Daniel Erver notes marketing efforts showing early success with a 4% rise in December sales. However, ...
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 ...
CEO Daniel Ervér said that the company was on the “right track” as it continues to focus on revamping its product line and streamlining its operations. “We have set a clear direction ...
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.