Forever 21 names former H&M US boss as new chief executive

Daniel Kulle

The new owners of fast-fashion retailer Forever 21 have named former H&M US president Daniel Kulle as chief executive to steer the business out of bankruptcy.

Kulle, who worked at the Swedish fast-fashion giant for more than two decades, will take over as Forever 21’s chief executive, according to the brand’s new owner Authentic Brands Group (ABG).

German-born Kulle was hailed a ā€œwell-respected, progressive fashion executive,ā€ by ABG chief executive Jamie Salter, and will be tasked with modernising the brand’s content and social media strategies.

He will also work with the brand’s leadership to ā€œevolve Forever 21’s sustainability initiativesā€ and focus on ā€œre-energising core product categories, and integrating those offerings into the Forever 21 shopping experience both in-store and onlineā€.

 

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