turnaround strategy
Adidas Swings To Loss In 2023, Bets On Core Brands After Kanye West Split
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Adidas Swings To Loss In 2023, Bets On Core Brands After Kanye West Split

German sportswear giant Adidas posted its first loss in more than 30 years in 2023 on Wednesday as CEO Bjorn Gulden works to turn the brand around after a messy break-up with rapper Kanye West. Adidas has been battling to right itself after it cut ties with West in October 2022, suspending sales of the […]

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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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