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.

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 short of target.

[1/3] Daniel Erver, who replaces Helena Helmersson as CEO of Swedish clothing retailer H&M, speaks in Stockholm, Sweden January 31, 2024. REUTERS/Marie Mannes Purchase Licensing Rights, opens new tab.

LONDON, March 22 (Reuters) - Investors will be looking for reassurances from new H&M (HMb.ST), opens new tab CEO Daniel Erver that he has the right plan to reboot revenue growth when the fast ...

H&M HM.B0.42%increase; green up pointing triangle Hennes & Mauritz has unexpectedly replaced its chief executive as the fast-fashion giant seeks to revive its fortunes after several years of ...

Daniel Erver, CEO of the popular Swedish fashion brand H & M (HNNMY), has said the tariff situation in the U.S. is very turbulent, and the compa. Tuesday, 02 January 2024 12:17 GMT.

STOCKHOLM (Reuters) -Swedish fashion retailer H&M reported a slightly stronger second-quarter profit on Thursday, an encouraging sign as CEO Daniel Erver tries to reboot the brand and improve ...

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 ...

STOCKHOLM (Reuters) -Swedish fashion retailer H&M reported slightly stronger second-quarter profit on Thursday, an encouraging sign as CEO Daniel Erver tries to attract more shoppers with trendier ...

LONDON, March 22 (Reuters) - Investors will be looking for reassurances from new H&M HMb.STCEO Daniel Erver that he has the right plan to reboot revenue growth when the fast fashion retailer ...

Swedish fashion retailer H&M reported a slightly stronger second-quarter profit on Thursday, an encouraging sign as CEO Daniel Erver tries to reboot the brand and improve profitability. Francis ...