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...Cotton represents about 60 per cent of H&M’s material needs, while polyester accounts for about a fifth....
...Ervér said his appointment was a matter for the board but that he was confident “that we have a very good direction for where we’re heading” and argued H&M’s strength was its “core business model”....
...They earn a spread by acquiring money at a lower price and lending it at a higher one....
...H&M has appointed Daniel Ervér as new chief executive of the group, succeeding Helena Helmersson. Ervér has been with H&M for 18 years, most recently as the head of the H&M brand....
...Kingfisher, owner of the B&Q, Screwfix and Castorama DIY chains, has warned that profits will fall again this year, after a 25 per cent drop in the year to January....
...H&M’s operating margin was 3.9 per cent in the first quarter, more than double what it was a year earlier....
...“The best way to get from plan A that’s not working to a plan B that might work is to formulate hypotheses, test them with real data, and let the data speak.”...
...Garnier, who has been spearheading a turnaround of the company, said the group had identified around a third of its Castorama stores as the lowest-performing as part of a push to right-size and modernise...
...Todd H Baker is a senior fellow at Richman Center for Business, Law and Public Policy at Columbia Business School and Columbia Law School Loan accounting in a bank should be straightforward, delivering...
...Benjamin H Bradlow Assistant Professor of Sociology and International Affairs, Princeton UniversityPrinceton, NJ, US...
...Robert H Wade Professor of Global Political Economy London School of EconomicsLondon WC2, UK...
...“If we don’t have a major shock in developments, we are heading towards a moment where we have to moderate the restrictive monetary policy that we have, in reasonably short order,” she told CNBC....
...Donald H MalcolmCardross, Dunbartonshire, UK...
...The lower gardens feature a Doric temple, obelisk and a pond with a fountain....
...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....
...We saw this online yesterday (h/t @quantian1): . . . “97% of the public agrees” that Basel III Endgame is “bad for working Americans”? What does that even mean?...
...Some special looks from the H&M collaboration, such as a cut-out blazer with a matching bra or a cropped trench jacket intended to be paired with a pair of wide-legged trousers, were developed exclusively...
...No mention of the B-word, then....
...Palazzo Passerini is a three-bedroom residence that can be booked on a B&B basis or bought out in exclusivity by a total of six guests....
...Ours by Phillip B Williams, Granta £18.99, 592 pages Join our online book group on Facebook at FT Books Café and subscribe to our podcast Life & Art wherever you listen...
...Bernard H Casey Social Economic Research London, UK and Frankfurt, Germany Letter in response to this letter: Why relying on robots can be a dangerous notion / From Peter Marsh, London SW11, UK...
...We’re assuming (b) ended up winning there....
...The Danish singer-songwriter has the softest of voices, a murmurous tone that holds centre stage without exerting itself. The style is R&B, a genre famous for vocal ornament....
...His message may be particularly important amid a presidential election race year pitting Joe Biden against Donald Trump....
...Thomas H, an employee in the equipment and information technology service of the Bundeswehr, is “suspected of having worked for a foreign secret service”, the attorney-general’s office said....
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