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H&M CEO says group will exit coronavirus crisis stronger - Metro US

H&M CEO says group will exit coronavirus crisis stronger

H&M logo is seen on a shop in Riga

STOCKHOLM (Reuters) – The head of Sweden’s H&M said on Thursday the fashion retailer was, despite continued uncertainty due to the COVID-19 pandemic, firmly convinced it would come out of the crisis stronger.

CEO Helena Helmersson said ahead of H&M’s digital annual general meeting later in the day that the group was positive as regards opportunities to create sustainable and profitable growth.

She said in a recorded video on H&M’s website that the group was developing new business models, initiatives and partnerships to satisfy new customer needs and add more revenue streams.

(Reporting by Anna Ringstrom, Editing by Helena Soderpalm)

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