H&M CEO says the new customs duty benefits us
Next week it will be more expensive for Swedes to import clothes from China and the United States. This will benefit H&M, the clothing giant's CEO, Daniel Ervér, says.
Business
H&M's sales are not picking up, the stock is falling
Clothing giant H&M's results were disappointing - its shares fell on the Stockholm Stock Exchange. "We have taken significant steps to strengthen profitability, but we are not satisfied with sales performance," says CEO Daniel Ervér.
Business
H&M says it respects customers' limited budgets
Clothing giant H&M is unaffected by the war in the Middle East - at least for now. However, CEO Daniel Ervér expects consumers to remain cautious. "We have great respect for the fact that our customers have limited budgets," he told TT.
Business