H&M CEO quits as sales keep sliding, shares drop
H&M's CEO unexpectedly quit on Wednesday and company veteran Daniel Ervér took over with immediate effect
Source: thedailystar.net
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H&M's CEO unexpectedly quit on Wednesday and company veteran Daniel Ervér took over with immediate effect
"It has been very demanding at times for me personally," outgoing CEO Helena Helmersson said.
Shares in H&M dropped 12% as the company revealed sales for December and January fell by 4% compared to the previous year
H&M HNNMY CEO Helena Helmersson has resigned with immediate effect. The company’s veteran, Daniel Ervér, has taken over. The sudden change in leadership comes…
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