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H&M’s India head Janne Einola resigns

Published
Sep 7, 2020
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H&M India’s country manager, Janne Einola, has resigned from the company, citing personal reasons. Einola will be heading back to Finland to join his family after ending his tenure in October.
 

H&M’s India head Janne Einola resigns - H&M/derKristof


Einola had joined H&M in Finland as department manager and after holding several positions across different verticals was entrusted with the responsibility of launching H&M in India.
 
He has been in charge of H&M’s India operations since its launch in mid-2015, and under him, the brand has expanded across the country. The Swedish brand had reported revenue of Rs 1,236 crore ($168.8 million) with the net profit of Rs 45 crore for fiscal year 2019.

“For the past 5 years, [Einola] has driven India’s fast expansion and locally relevant customer experience, but has now decided to move on for personal reasons. He will be taking a break before deciding on the next course of his professional life," H&M said in a statement.
 
H&M opened its first store in India in 2015. Since then, the brand has expanded across the country’s metros and tier 1, 2 cities. It currently has around 50 stores across 15 cities.
 

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