Anna Teurnell appointed creative director of Filippa K

[ad_1] Translated by Roberta HERRERA Published Feb 6, 2024 Anna Teurnell steps into the role of creative director at Filippa K, succeeding Liisa Kessler, who was appointed two years prior. She will oversee all creative aspects of the Swedish brand. Simultaneously, the designer will continue to lead her own label, Teurn Studios, established in 2021. […]

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New H&M boss Daniel Ervér faces pricing dilemma in fight to win back customers

[ad_1] By Reuters API Published Jan 31, 2024 The new boss of H&M faces a thorny dilemma: increase prices and lose more ground to budget online fast-fashion rival Shein, or cut prices and risk profit margins falling short of target. Daniel Ervér, 42, took the reins at H&M on Wednesday after Helena Helmersson quit in […]

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

[ad_1] By Reuters API Published Jan 31, 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 […]

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