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H&M CEO Helena Helmersson has stepped down to give way to its new boss Daniel Erver. H&M has announced the unexpected resignation of CEO Helena Helmersson amid the Swedish fashion retailer's lackluster sales and share performance against the fast-growing Chinese online store Shein.
H&M CEO Helena Helmersson has stepped down to give way to its new boss Daniel Erver. H&M has announced the unexpected resignation of CEO Helena Helmersson amid the Swedish fashion retailer's lackluster sales and share performance against the fast-growing Chinese online store Shein.
By Andrea Figueras H&M Hennes & Mauritz said it has promoted the head of its core brand, Daniel Erver, to chief executive officer and president. He will...
H&M fell almost 10% after it reported sales and profits for the fourth quarter below forecasts, and appointed Daniel Erver as new CEO and president.
H&M, the world's second-biggest fashion retailer, said on Wednesday it had appointed Daniel Erver new CEO and reported a September-November operating profit slightly below expectations. ...