H&M India’s Country Manager Janne Einola has resigned five years after introducing the brand in India. His resignation comes at a time when the fashion giant is struggling with low sales amidst the COVID-19 pandemic.
Presently, Einola is serving his notice period and will complete his tenure by the end of October. He was in charge of H&M’s India operations since its foray into the market in mid-2015.
Einola cited personal reasons for leaving H&M and will move back to Helsinki to live with his wife and kids. He has worked with H&M for 22 years, starting his career at the Swedish fashion retailer in Finland as a department manager in 1997. Since then, he held several different positions within the brand in different functions and markets.
Einola is instrumental in building H&M’s business in India. At present, the fashion retailer has close to 50 stores across 15 cities.
H&M management informed the leading media organization, “For the past 5 years, he has driven India’s fast expansion and locally relevant customer experience, the gut 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.”