H&M Investors Are Worried Management Is Overlooking the Obvious
Photographer: Patrick T. Fallon/Bloomberg
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Investors in Hennes & Mauritz AB left its first ever capital markets day wondering whether the retailer is aware its clothes seem to be going out of fashion.
With the value of their H&M shares down about 45 percent since the end of 2016, owners said management gave a lot of details on pretty much everything except the main product.