EconomyH&M founding family builds stake as turnaround struggles to gain traction
The billionaire family behind H&M is quietly increasing its stake in the fast-fashion retailer, prompting speculation that it could take the company private. CEO Daniel Erver’s turnaround plan has so far failed to significantly lift the shares or sales.
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Reuters★★☆☆☆2026-09-23 05:45Original
H&M founding family builds stake as turnaround struggles to gain traction
Economy