H & M CEO Helena Helmersson resigns as sales keep sliding, shares drop

H&M unexpectedly announced a change of leadership on Wednesday with company veteran Daniel Ervér taking over as CEO from Helena Helmersson as the Swedish fashion retailer’s performance lags those of bigger rival Inditex and fast-growing online player Shein. Shares in H&M dropped 10 per cent as the…#danielervér #helenahelmersson #swedish #inditex #ervér #swede #shein #adilshah #storebrand #oslo

Source: Reuters: Health - January 31, 2024 Category: Consumer Health News Source Type: news