(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 ...

Retailer H&M has revealed weaker-than-expected sales as it was impacted by recent store closures. The Swedish fashion giant ...

The gain was then even weaker in March. H&M’s income was hit by discounting, but Chief Executive Daniel Erver played down any concerns. He said the first quarter was always the weakest period ...

CEO Daniel Erver remains hopeful, emphasizing future reductions in brand investment costs and improvements in womenswear. The retailer continues to enhance competitiveness through celebrity ...

"Even if we are taking important steps, we are not satisfied with our result in the first quarter," CEO Daniel Erver said in a call with analysts. "We are still in a high inflation climate where the ...