We inform you that on this website we use our own and third-party cookies to collect information about its use, improve our services and, where appropriate, display advertising by analyzing your browsing habits. You can expressly accept its use by pressing the "ACCEPT" button or configure and select the cookies you want to accept or reject in the settings. You can also get more information about our cookie policy here.

The global fashion business journal

Oct 25, 20209:36am

H&M rearranges Cos’ helm following the departure of two executives

H&M group’s second-biggest brand is losing various top executives. This will be one of the biggest leadership shuffles that Cos has lived since its launch back in 2007. 

Jan 22, 2020 — 5:39pm
MDS
Save

H&M rearranges Cos’ helm following the departure of two executives

 

 

H&M’s second-biggest brand adjusts its helm. The Swedish giant H&M, the second-largest fashion distribution company by revenue, has altered Cos’ management team with the departure of several executives.

 

Departures include that of Marine Honda, managing director of the company; Atul Pathak, head of communications and Michael Marth, who led the operations and finance for the company, have left the company, according to Business of Fashion.

 

The new managing director of the company will be Lea Rytz, until now, she was responsible for the Arket chain, also owned by H&M. Meanwhile, Honda will take up a position of greater responsibility in the parent company.

 

H&M closed the first nine months of 2019 with a revenue of 171 billion Swedish kronor (19.1 billion dollars), which represents an increase of 11% from the same period of last year. According to the latest data, Cos’ revenue about one billion euros (1.1 billion dollars). 

 

Advertising
Participation rules

info@themds.com

 

Validation policy for comments: 

 
MDS does not perform prior verification for the publication of comments. However, to prevent anonymous comments from affecting the rights of third parties without the ability to reply, all comments require a valid email address, which won’t be visible or shared.
 
Enter your name and email address to be able to comment on this news: once you click on the link you will find within your verification email, your comment will be published.

0 comments — Be the first to comment
...