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Swedish fashion retailer H&M is under pressure to prove to investors it can turn its fortunes around and fend off fierce competition from fast-fashion rivals such as Zara, whose sales are rising, and China-founded Shein, set to go public this year. H&M, which sold more than $22 billion in clothing and accessories in its 2023 financial year, aims to reach an operating margin of 10% by the end of 2024. Faced with falling sales, the retailer with around 4,300 global stores is intensifyi...

H&M, which sold more than $22 billion in clothing and accessories in its 2023 financial year, aims to reach an operating margin of 10% by the end of 2024. Faced with falling sales, the retailer with around 4,300 global stores is intensifying cost-cutting, prioritising profitability over revenues.

Swedish fashion retailer H&M is under pressure to prove to investors it can turn its fortunes around and fend off fierce competition from fast-fashion rivals such as Zara, whose sales are rising, and China-founded Shein, set to go public this year. H&M, which sold more than $22 billion in clothing and accessories in its 2023 financial year, aims to reach an operating margin of 10% by the end of 2024. Faced with falling sales, the retailer with around 4,300 global stores is intensifying c...

Investor AB (publ) (OTCPK:IVSXF) Q4 2022 Earnings Conference Call January 20, 2023 4:00 AM ETCompany ParticipantsViveka Hirdman-Ryrberg - Head of Corporate Communication and...

Swedish Match AB (publ) (OTCPK:SWMAF) Q3 2022 Earnings Conference Call October 28, 2022, 08:00 AM ET Company Participants Johan Levén - Vice President Investor Relations Lars Dahlgren -...

The team at Australian Eagle Asset Management will join the Montgomery Investment Management team as part of a new partnership next month.

The Reserve Bank is expected to continue its rate-hiking until inflation is curbed. Which ASX shares are best to target in this environment?

ASX 200 mining shares have widely outperformed the benchmark over the past six months. But is there trouble on the horizon?