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H&M targets Brazil and India as US, European spending slows
Yahoo Finance· 2025-09-25 13:54
By Helen Reid and Greta Rosen Fondahn STOCKHOLM (Reuters) -Fashion retailer H&M is seeking to expand in emerging markets such as Brazil and India, its CEO said on Thursday, as consumer spending weakens in Europe, its core region, and U.S. tariffs weigh on demand in its second-largest market. The push into new territories is part of CEO Daniel Erver's strategy to revive performance and boost profitability of one of the world's largest apparel retailers by improving its brand appeal and responding faster t ...