JPMorgan
H&M CEO Unexpectedly Resigns, Shares Slide On Sales Woes
Brands Companies News People

H&M CEO Unexpectedly Resigns, Shares Slide On Sales Woes

H&M’s CEO resigned unexpectedly on Wednesday and business veteran Daniel Erver took over with immediate effect, as the Swedish apparel brand battles to increase sales and profitability. Shares in the Swedish fashion store fell 8 per cent after outgoing CEO Helena Helmersson announced her decision to quit the firm after four years in charge, describing the post […]

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India's Retail Inflation Dips To 4.85% In March
Economy Government National News Retail

India’s Retail Inflation Likely To Ease By December: Finance Secretary

Finance Secretary T V Somanathan said that the retail inflation in India is expected to ease by December, attributing it to more favorable seasonal factors, the news agency Reuters reported. Despite staying above the upper limit of the central bank’s 2-6 per cent tolerance band for the second consecutive month in August, retail inflation has […]

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