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H&M Sales Growth Remains Elusive Amid CEO’s Turnaround Push(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 ...
Daniel Erver, who was appointed as the Hennes & Mauritz boss last January, said he is confident the group is “on the right track”. The company reported that sales grew by 3%, in local currency ...
Operating profit margin for the quarter was 7.4%, up from 6.9% a year before, as CEO Daniel Erver, who took over a year ago, said investments in marketing were starting to pay off. "Strong online ...
Daniel Erver, who took the helm as Hennes & Mauritz's chief last January, expressed his belief that the company is "on the right track". The retailer disclosed a 3% increase in sales, in local ...
H&M chief executive Daniel Erver said: “Consumers’ living costs have remained high during the year, and at the same time we continue to see turbulence in the world around us. External factors ...
STOCKHOLM: H&M surprised investors on Wednesday with a new CEO, Daniel Erver, taking the role with immediate effect as the Swedish fashion retailer struggles to boost sales in a fiercely ...
its CEO Daniel Erver told Reuters. H&M's fourth-quarter sales dented by late Black Friday H&M reported weaker-than-expected fourth-quarter sales on Thursday due in part to a late Black Friday ...
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 focusing fully on ...
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 ...
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 ...
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