Mauritz

3 results

Karl-Johan Persson (right), current CEO of Swedish clothing retail giant Hennes and Mauritz (H&M), and the company’s designated CEO Helena Helmersson. Photograph:  Jonas Ekstromer/TT News Agency/AFP via Getty Images

Hennes and Mauritz AB said its 72-year-old chairman, Stefan Persson, is stepping down as the billionaire patriarch of the fashion retailer hands over (...)

David Beckham with a fan at the launch of David Beckham’s H&M Modern Essentials Collection: Hennes & Mauritz fell 2.9 per cent after the fashion retailer reported worse-than-estimated revenue growth in September. Photograph: Rachel Murray/Getty Images for H&M

Stock prices across major markets stabilised on Friday, while the euro recovered as Deutsche Bank’s shares clawed away from record lows on reports it (...)

Shares fall despite reports that the year “has gotten off to a good start”. Photograph: EPA

Hennes and Mauritz AB (H&M) said the stronger US dollar will weigh on costs this year, taking the shine from results showing the steepest gain in (...)