H&M's new CEO faces challenges in meeting high expectations ...

Moomoo AI Mar 27, 2024 23:40

H&M's new CEO faces challenges in meeting high expectations and competing with online fast-fashion rivals. The strategy of not raising prices but increasing profit through near-shoring manufacturing and supply chain efficiencies may be hard to execute due to strong sustainability and ESG standards.

Heard on the Street: H&M Upgrades Its Look With New CEO -- WSJ

Disclaimer: The above information does not represent the views of Moomoo Technologies Inc. (MTI) or constitute investment advice related to MTI and its affiliates. Read more

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