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Karl-Johan Persson

Daniel Kulle, former President of H&M North America, appointed as CEO of Forever 21

Authentic Brands Group (ABG), a global brand development, marketing, and entertainment company, announced the appointment of Daniel Kulle as the Chief Executive Officer of Forever 21. Kulle is a visionary, dynamic, and inspirational executive with over 20 years of experience...

H&M India sales jump 42 pc to Rs 1,486 crore in 2019

Swedish fashion retailer Hennes & Mauritz (H&M) posted a 42.54 percent rise in sales in India to Rs 1,486 crore for the fiscal ended November 2019. The company had posted sales of around Rs 1,043 crore in 2018, the H&M...

H&M to be available on e-commerce platforms Myntra and Jabong

H&M India, which launched its online store last year, has now expanded its digital presence in the country by signing a deal to sell its products on e-commerce platforms Myntra and Jabong. In a statement, Karl-Johan Persson, CEO, H&M Group...

H&M and Klarna partner to elevate the modern shopping experience for consumers

H&M and Klarna announced that they have entered into a global partnership. Together, H&M and Klarna will further integrate H&M's digital and physical stores to give customers a seamless, personalised and engaging shopping experience no matter where, when and...

H&M India sales jump 49 pc in June-August qtr to Rs 352 crore

Swedish fashion retailer Hennes & Mauritz (H&M) posted a 49 percent growth in sales in India to 428 million Swedish Krona (around Rs 352 crore) in June-August quarter of 2018. While, for the nine-month period (December 2017 to August 2018)...

H&M reports 21 pc fall in second quarter net profit

Hennes & Mauritz AB on Thursday reported a 21 percent fall in second quarter net profit, missing estimates, as the retailer increased clearance sales to shift unsold stock and experienced logistical problems in it shifts to a more efficient...

H&M to introduce its online marketplace in India by next year

Swedish fashion retailer Hennes & Mauritz (H&M) will roll-out its online marketplace in India by next year, after witnessing huge demand from the country leading to nearly three times jump in sales this year. According to a PTI report: The...

H&M to Open 400 Stores in 2015

<p>Swedish fashion retailer H&amp;M reported an earnings increase of 12% and sales increase of 17% for its fourth quarter, greatly attributed to its expansion in the United States and China. The quickly growing company had opened 379 stores last...
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The Luxottica report card for 2022

A look at how the world’s largest eyewear company fared in terms of revenue growth in key regions across...
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