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STOCKHOLM ― Swedish fashion retailer H&M reported a slightly stronger second-quarter profit on Thursday, an encouraging sign as CEO Daniel Erver tries to reboot the brand and improve profitability.

The primary purpose of a business is to generate profits that can be reinvested in expansion or utilized for rewarding shareholders. The net profit margin is an effective tool to measure the profits ...

Swedish fashion retailer H&M reported slightly stronger second-quarter profit on Thursday, an encouraging sign as CEO Daniel Erver tries to attract more shoppers with trendier clothes.

STOCKHOLM (Reuters) -Swedish fashion retailer H&M reported slightly stronger second-quarter profit on Thursday, an ...