Former H&M Group Ventures head Nanna Andersen has moved up to take on the role of head of New Growth & Ventures at H&M Group.

Photo of Nanna Andersen courtesy of H&M Group

After nearly six years as head of H&M Group Ventures, fashion retailer H&M’s corporate venturing arm, Nanna Andersen has taken on the role of head of New Growth & Ventures.

In her previous role at H&M Group Ventures – then known as H&M Co:Lab – Andersson took the lead on high-profile investments including buy now, pay later service Klarna and digital content and commerce brand Goop.

Her new position at H&M Group is focused on ventures, M&A, incubation and partnerships.

H&M Group, based in Stockholm, Sweden, is a family of brands and businesses working to make great design available in a more sustainable way. H&M Group, whose brands include Cos, Weekday, Monki and & Other Stories, had net sales that amounted to SEK24bn in 2022.