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)
