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H&M profit target in spotlight as cost-cutting gathers pace

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By Reuters API Published Jan 30, 2024 Swedish fashion retailer H&M is under pressure to prove to investors it can turn its fortunes around and fend off fierce competition from fast-fashion rivals such as Zara, whose sales are rising, and China-founded Shein, set to go public this year. H&M H&M, which sold more than $22 … Read more

H&M Group names new comms chief, Alpen switches roles

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H&M Group has named a new Communications Director with Hendrik Alpen, who’s currently Head of Engagement and Transparency within H&M Group Sustainability, taking on the key role. H&M He succeeds Andreas Eriksson, who we’re told “has decided to leave the company to explore new opportunities”. It’s a big job with the company being the second-largest … Read more