By Greta Rosen Fondahn and Helen Reid STOCKHOLM (Reuters) -Swedish fashion retailer H&M reported slightly stronger second-quarter profit on Thursday, an encouraging sign as CEO Daniel Erver tries to ...

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.

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 ...

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.

H&M CEO Daniel Erver said on Thursday constantly changing tariffs had created turbulence, with the world's second-largest listed fashion retailer planning for multiple scenarios.

CEO Daniel Erver said that the quarter's results were "negatively affected" by higher purchasing prices from a more expensive U.S. dollar and higher freight costs.

H&M’s fiscal second quarter sales came in weaker-than-expected, though the world’s second largest clothing retailer pointed to an uptick in summer demand.

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 ...

"The U.S. is an important market for us and will continue to be," Erver said, noting that the impact of tariffs would become clearer in July, once the 90-day levy pause expires.