(Bloomberg) -- Hennes & Mauritz AB sales growth continued to disappoint even as Chief Executive Officer Daniel Erver’s turnaround strategy for the Swedish fast-fashion retailer helped operating ...

However, Chief Executive Officer Daniel Erver said the company is working on whittling down the excess stockpiles and now has better quality products. “We have more relevant goods, so we feel well ...

Swedish fashion retailer H&M has reported a 3% rise in net sales and 2% in local currencies for the first quarter of fiscal year 2025 with CEO Daniel Ervér commenting that the company’s financial ...

and we are confident going forward,” CEO Daniel Erver said in a statement. Increased discounting and marketing investments impacted H&M’s profitability in the quarter, the company said ...

"Even if we are taking important steps, we are not satisfied with our result in the first quarter," CEO Daniel Erver said in a call with analysts. "We are still in a high inflation climate where the ...