H&M beats rival Zara; diversifies its portfolio, presence in India

When Janne Einola, an H&M veteran and first country manager for India, ended his 23-year stint with the Swedish fashion retailer in October, he went out on a high note. After serving five years at the helm of H&M’s India operations, Einola had all the possible feats in his kitty that he could achieve in the short span.

The brand had a wider presence and gathered enough attention of local consumers to become a household name. 

But what would remain his greatest feat is the financial performance of the entity. From a fringe player in 2015, when Einola drove H&M