As a whole, the fast-fashion giant reported lackluster sales in 2024, but group chief executive officer Daniel Ervér noted that the smaller retail brands in the portfolio, Cos and Arket, had performed ...
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 his first year as ...
H&M CEO Daniel Erver emphasizes the need to enhance quality and trendiness of their clothing to stay competitive in the fast-fashion market. The retailer is investing in marketing strategies ...
H&M's CEO Daniel Erver emphasizes the need for trendier and higher-quality fashion to compete with brands like Zara and Shein. The company is investing in marketing and social media influences to ...
Chief executive officer 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 ...
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, ...
But the retailer said sales growth improved in December and January. Daniel Erver, who was appointed as the Hennes & Mauritz boss last January, said he was confident the group is ‘on the right ...
Swedish fast-fashion retailer H&M reported weaker-than-expected fourth-quarter sales today due in part to a late Black Friday, but said sales were up 4% in December and January, indicating a ...
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.
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, 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 ...
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 ...