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H&M profits spring back to life as it seeks to fight off Chinese fast fashion rival Shein - Vimarsana News

H&M profits spring back to life as it seeks to fight off Chinese fast fashion rival Shein

H&M chief exec Daniel Erver said it was 'on the right track' as it seeks to maintain its market share. Net sales are up 2% so far in March.

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Daniel Erver
H&M's net profit doubles in 1st quarter: 'Planning as per challenging situation' - Vimarsana News

H&M's net profit doubles in 1st quarter: 'Planning as per challenging situation'

Sales fell by two percent to 53.7 billion kronor, but H&M said they "gradually improved" in February and rose in the first weeks of March.

H&M beats earnings expectations, shares soar - Vimarsana News

H&M beats earnings expectations, shares soar

STORY: H&M shares soared over 13% early Wednesday .... -March 27, 2024 at 06:18 am EDT - MarketScreener

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Daniel Erver
Strong demand for spring collection boosts H&M profits - Vimarsana News

Strong demand for spring collection boosts H&M profits

Daniel Erver, chief executive of H&M, said it has seen signs it is ‘on the right track’.

5 Things to Know Before the Stock Market Opens - Vimarsana News

5 Things to Know Before the Stock Market Opens

GameStop’s earnings disappoint investors, Robinhood Markets’ credit card launch is well received, Trump Media & Technology Group shares are rising after a strong trading debut, and Merck stock is gaining after an FDA drug approval. Here’s what investors need to know today.