Hints and tips:
Related Special Reports
Related Pages
...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”....
...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....
...H&M’s operating margin was 3.9 per cent in the first quarter, more than double what it was a year earlier....
...He laughs when I remark that it looks like organised mess. “I am a very organised person, but this season especially I’m enjoying the uncontrolled look as well.”...
...“A lot of unexpected things have happened. I feel it’s the right step to take....
...Neither the monster national players (JPMorgan Chase, Bank of America, Wells Fargo, Citigroup) nor the regionals (PNC, M&T, et al) have had much to say about the economy’s effect on credit quality....
...H&M blamed unusually hot weather in September for poor sales as the Swedish fast-fashion retailer reported a big increase in profits....
...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....
...Nunzio M TrittoSanteramo in Colle, Apulia, Italy...
...Donald H MalcolmCardross, Dunbartonshire, UK...
...“Are we going to get to a point where we have to think about hiking [rates]? I don’t see it happening in the immediate future,” said Steven Blitz, chief US economist at TS Lombard....
...JPMorgan’s vice-chair of investment banking Andy Lipsky and co-head of strategic investor group M&A Haidee Lee are leaving the bank, according to a person familiar with the matter....
...I recently enjoyed staying at a Premier Inn Hub at Tower Hill, London, a converted office block where my father worked for many years....
...In central Jakarta, where my family lives, there’s a cart called Bubur Ayam H Jewo that I’ve been going to for rice porridge since I was a kid....
...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....
...I’m especially taken by David Horan’s “deckled” contributions to the genre – a vegan recipe – and the eco-resin made by Australian lighting designer Lana Launay; both have a gloriously vellum-like effect...
...“I don’t have a stance on that,” Powell said. “It’s not something I’m focused on . . ....
...My personal style signifier is a tailored jacket, usually by Anderson & Sheppard, Sartoria Dalcuore or Old Joe. I’m a jacket person....
...Corporate updates: Investors will be watching Swedish fast-fashion retailer H&M’s quarterly results for signs it is on track to hit its target operating margin of 10 per cent, up from 6.2 per cent in 2023...
...But the latest string of lawsuits concerning pirated products have been from a list of less obvious companies, including fast fashion groups Uniqlo and H&M....
...“I’m feeling good about this being early-to-mid cycle for the classic investment banking, capital markets business around the world,” said Pick, who took over from longtime chief James Gorman in January....
...Evercore was initially set up like Blackstone, to advise on M&A and execute private equity buyouts. The LBO investing business was an expensive bust. But the M&A group proved more promising....
...Macaulay Culkin’s house in Home Alone remains the gold standard of aspiration as far as I’m concerned: a palatial gaff in the Chicago suburbs with what seems to be about a dozen bedrooms and a massive basement...
...M&S’s contract with HSBC, which owns M&S Bank, is up for renewal. M&S is likely to push for more control and a bigger cut of the spoils....
International Edition