international

H&M chief quits as fashion chain struggles to lift profits

H&M’s chief executive Helena Helmersson has quit after little more than four years in the top job as the Swedish fast-fashion group struggles to lift profitability. Helmersson will be replaced by Daniel Ervér, the 42-year-old head of H&M’s main brand and an 18-year company veteran, the Swedish group said on Wednesday.

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button