H&M chief executive Helena Helmersson announced Wednesday she was stepping down, sending shares in the fashion retailer tumbling as the Swedish company also reported lower-than-expected profits...
Tag - H&M
H&M reported Friday a big drop in profits in 2022, with a surprise loss in the fourth quarter as the Swedish fashion retailer exited Russia and faced soaring production costs. H&M was among a...
Swedish fashion retailer H&M said Wednesday it would cut some 1,500 jobs worldwide as a result of a cost-cutting programme launched following its decision to leave the Russian market. “The...
Swedish fashion retailer H&M reported on Thursday a sizeable drop in third-quarter profit following its decision to leave the Russian market. The world’s number two clothing group is among...
