H&M Replaces CEO As Sales And Stocks Slump
H&M's leadership change has come after the company admitted that sales for December and January - the key Holiday season - fell by 4% compared with the prior year.
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H&M's leadership change has come after the company admitted that sales for December and January - the key Holiday season - fell by 4% compared with the prior year.
The departure of the Swedish clothing giant's chief executive coincides with a slowdown in sales
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By Helen Reid and Marie Mannes LONDON (Reuters) - The new boss of H&M faces a thorny dilemma: increase prices and lose more ground to budget online ...
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