H&M reported sales of 55.3 billion Swedish crowns ($5.52 billion) for the December to February quarter, missing analysts' mean estimate of 55.9 billion Swedish crowns.

LONDON (Reuters) - U.S. President Donald Trump's actions to raise import tariffs will drive prices up for American consumers, the CEO of fast-fashion retailer H&M said on Thursday, as the company ...

Retailer H&M has revealed weaker-than-expected sales as it was impacted by recent store closures. The Swedish fashion giant also posted a drop in profits for the latest quarter, driven by higher ...

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 ...

Swedish fast-fashion giant H&M saw its profits drop sharply in its latest financial quarter. The group has announced more store closures.

Chief Executive Daniel Erver, who took the top job last year, also warned that the retailer may have to raise prices due to President Donald Trump’s tariffs. H&M's largest suppliers are in ...

"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 ...

"We feel at the end of the day, it will come at the cost of the consumer," H&M CEO Daniel Erver told Reuters in an interview. "We are firm believers in global trade on fair and equal terms ...

LONDON, March 27 (Reuters) - H&M's (HMb.ST), opens new tab sales were up just 1% in March after a weaker than expected first quarter, the Swedish fast-fashion retailer reported on Thursday, in a ...