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...H&M had backed Renewcell, another textile recycling start-up, but it went bankrupt last month. “It is not easy,” Daniel Ervér, H&M’s new chief executive, told the Financial Times....
...Nurses and midwives rose 17 per cent over the same period. Yet the NHS was failing to secure a corresponding increase in patient care, Meddings suggested....
...H&M spent last year prioritising profitability over sales growth by closing stores and raising prices....
...Professor Richard Rose University of Strathclyde, UK Visiting Fellow European University Institute, Florence Wissenschaftszentrum, Berlin...
...He added: “I’m comfortable and confident that we’ll be able to manage the monetisation transition here well.” Other companies are joining the spending spree on AI....
...“The arrogance of it, going on stage, saying ‘I’m worth your time.’ Not only that but ‘I’ll make you laugh’…. It’s a very unhealthy art form . . . I dread it but then I’m addicted to the thrill....
...Thanks, Richard. Richard WatersYeah. Good to talk to you....
...Capex at Microsoft similarly rose during the quarter to $14bn from $11.5bn a year earlier....
...H&M will close more stores than it opens this year, he added....
...Rose Glass I’m just very on the nose....
...Thanks, Richard. Richard MilneThanks very much....
...Pre-tax adjusted operating profit rose to £797mn, beating analysts' expectations, driven by the group’s asset management arm....
...Daniel is a competent, experienced and respected leader and has the qualities needed to continue to develop the H&M group,” said Karl-Johan Persson, H&M’s chair and a former chief executive....
...So I’m not terribly concerned about rescission, but I recognise that is an option....
...This post has been corrected since publication to show that operating profits rose in the first quarter, not sales...
...“I’m not saying it’s good but in America you have a lot of AI and no regulation, in Europe you have no AI and a lot of regulation. It’s interesting,” he added....
...She captures the hotel’s workers fitting striped covers over sun loungers, piping rose-coloured macaron batter onto baking trays in the kitchen or holding morning prayers together before beginning their...
...M&G’s share price rose by about 2 per cent in morning trading....
...I’m Lilah here in New York, and I’m a weekend bag with a bikini and a raincoat. With me from London is the editor of Globetrotter, Rebecca Rose....
...Thanks, Richard. Richard Waters Well, it’s a pleasure....
...In its more important second half, revenues rose by 2 per cent to DKr38.5bn and net profit increased by 5 per cent to DKr8bn....
...“I have cut back on my international travel, which means I’m in London most of the time, so I’m much more engaged in the work of The Lancet . . ....
...“I’m a little bit worried about this rather belligerent talk about Russia going to test Article 5 [Nato’s collective defence clause], and that Europe is next in line....
...Santos-Dumont, £14,900 MB&F M.A.D.1 steel Jean-Charles de Castelbajac “Time to Love”, sold out....
...— and US hedge fund Elliott taking a $1bn stake in Anglo, disclosed on Friday — “might just be the catalyst needed to ultimately push management in the direction of a break-up”, said Berenberg analyst Richard...
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