H&M founding family builds stake
--------------------------------------------------------------------
Source: The Manila Times
Published: 2026-09-24 02:07 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Culture & Entertainment, Europe, Family, Business & Economy
--------------------------------------------------------------------
Snippet:
STOCKHOLM/LONDON ─ The billionaire family behind H&M is quietly increasing its stake, fueling speculation it could take the fast-fashion retailer private as CEO Daniel Erver's turnaround efforts have so far failed to boost the shares or lift sales significantly.
--------------------------------------------------------------------