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Hennes & Mauritz
H&M and Northvolt investor fund startup to cut fashion industry emissions
...Cotton represents about 60 per cent of H&M’s material needs, while polyester accounts for about a fifth....
March 6, 2024
Hennes & Mauritz
New boss seeks to make H&M even faster at fashion
...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”....
February 4, 2024
FT Live
Business of Luxury Summit
Gathering leaders in luxury for the 20th year
Sunday, 19 MayVenice, Italy
Accountancy
Private equity buys majority stake in US accounting firm Baker Tilly
...H&F’s investment also underscores the growing interest of private equity in professional services firms, and represents a return to large-scale dealmaking in the US accounting sector after a hiatus caused...
February 5, 2024
Unhedged
Inflation narrative whiplash Premium content
...In the personal consumption expenditure index, which the Fed targets, it’s just housing; core PCE ex-housing is running at 2.1 per cent. Remember the story in shelter inflation....
April 17, 2024
Hennes & Mauritz
New H&M chief vows to end years of stagnating sales growth
...H&M’s operating margin was 3.9 per cent in the first quarter, more than double what it was a year earlier....
March 27, 2024
News updates from January 31: Federal Reserve holds interest rates, EU commits €21bn in Ukraine military aid
H&M names Ervér as new CEO
...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....
January 31, 2024
FT Live
Future of Retail
Securing long-term business growth with technology innovation
Tuesday, 17 SeptemberLondon, UK
Accountancy
The dark art of bank fair-value accounting needs more transparency
...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...
January 19, 2024
UK general election
Inside Politics: who will win the UK general election?
...Registration comes with 90-day access to a recording....
April 16, 2024
Financial literacy
Only 1% of UK primary schoolteachers think pupils have ‘adequate’ financial literacy
...Just 1 per cent of UK primary schoolteachers believe the majority of their pupils possess an “adequate” level of financial literacy, according to a study that will add to pressures on the government to ensure...
April 15, 2024
Letter
Letter: How advocates for climate action can hurt their cause
...Robert H Wade Professor of Global Political Economy London School of EconomicsLondon WC2, UK...
March 26, 2024
Letter
Letter: How American industrial policy can avoid corporate capture
...Benjamin H Bradlow Assistant Professor of Sociology and International Affairs, Princeton UniversityPrinceton, NJ, US...
March 20, 2024
Life and Art from FT Weekend podcast46 min listen
The Sporkful: Anything’s Pastable 1 | Every Grain Of Salt
...digital subscription to a $1/£1/€1 trial, are here: http://ft.com/lifeandart...
March 18, 2024
US interest rates
Powell says US inflation ‘taking longer than expected’ to hit target
...“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....
April 17, 2024
Inditex
Zara owner Inditex adds €1.8bn in logistics ‘muscle’ to power sales growth
...Over the same period shares in fast fashion rival H&M, which previously reported a drop in December and January sales, are up less than 6 per cent....
March 13, 2024
Letter
Letter: One man, his dog and an abandoned Range Rover
...Donald H MalcolmCardross, Dunbartonshire, UK...
February 9, 2024
FT Live
Bank of the Year Awards 2024
Recognising the best in banking globally
Wednesday, 4 DecemberLondon, UK
Hennes & Mauritz
H&M chief quits as fashion chain struggles to lift profits
...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....
January 31, 2024
US & Canadian companies
Nearly all Americans agree . . .
...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?...
March 7, 2024
Fashion
When east meets west — independent fashion label Rokh’s next moves
...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...
March 19, 2024
Behind the Money podcast17 min listen
Can WeightWatchers survive the Wegovy era?
...Read a transcript of this episode on FT.com...
April 10, 2024
LexEuropean companies
Shein’s fast fashion rivals may find stores are their best defence Premium content
...H&M, which trades on a forward price earnings multiple of 15.9 times compared to Inditex on 22.1 times, is slower than rivals to respond to trends....
March 10, 2024
Federal Reserve
Bullish Jay Powell sticks to Fed’s rate-cutting script
...Instead, a confident and noticeably more relaxed Powell played down a recent uptick in consumer price inflation, from 3.1 per cent in January to 3.2 per cent in February, saying seasonal effects could be...
March 21, 2024
Letter
Letter: Robotics in care sector — Japan shows China how
...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...
January 24, 2024
News updates from March 27: Yen hits 34-year low; Nobel winner Daniel Kahneman dies
Utility and consumer groups help European stocks close higher
...The region-wide Stoxx Europe 600 was 0.1 per cent higher on the day. Germany’s Dax climbed 0.5 per cent, France’s Cac 40 gained 0.3 per cent, and London’s FTSE 100 was flat....
March 27, 2024
Federal Reserve
Fed’s inflation fight is ‘not done’, says Powell
...His message may be particularly important amid a presidential election race year pitting Joe Biden against Donald Trump....
April 3, 2024
Markets InsightJim McCaughan
The T+1 train will soon hit markets
...The shift to T+1 will involve quite a lot of work for US market participants....
January 24, 2024

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