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...Daniel Ervér, the 42-year-old company veteran who became chief executive on Wednesday, told the Financial Times that H&M would use improvements in profitability and cash flow last year to invest in its customer...
...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....
...Talking to the Financial Times, Jones said: “The mobile phone made everyone a creator — gen AI makes everyone an ad agency — that may not be very good news for traditional legacy agencies with 100,000 employees...
...The Sunday Times reported in May 2023 that Křetínský had said in an interview that he had no intention of bidding for Royal Mail....
...The tool is also now used to place ads next to content users may want to see, helping to better target specific audiences with relevant advertising. Other publishers also use Mantis....
...Shares in fast-fashion retailer H&M jumped more than 13 per cent in early trading after the company reported rising operating profits in its first quarter, signalling that it is on track to increase profitability...
...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....
...“It’s very important that we put full emphasis on driving sales growth,” Daniel Ervér, who took over as chief executive at the end of January, told the Financial Times....
...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....
...H&M’s new chief executive Daniel Ervér has pledged to cut the time it takes to get new collections into stores....
...[MUSIC PLAYING] Sonja Hutson Before we go, the FT Weekend Festival is coming to Washington, DC on May 4th....
...The 1961 Vienna Convention guarantees the inviolability of diplomatic premises, stating that “the agents of the receiving state may not enter them except with the consent of the head of mission”....
...The number of staff increased to 295 in May 2023, from 175 in May 2022. The group also pays high wages to several current and former Conservative politicians, such as Sir Jacob Rees-Mogg....
...The boost to his political capital may allow him to push through the economic reforms....
...WBD’s Max will be available across the Nordics, Iberia and central and eastern Europe in May. The service will then launch in Poland, the Netherlands, France and Belgium....
...Frazer said her decision to back an in-depth review reflected a report by media watchdog Ofcom, which found during an initial probe that the potential deal may be against public interest....
...Composer and bass player Daniel Casimir is a rising star on the UK jazz scene and his recent Arts Foundation Futures award seems to endorse that status....
...News Corp was seeking to obtain “information about private and sensitive discussions that may have been being held between Mr Cable and his advisers”, it added....
...It also highlights a lack of regard to the sort of long-term corporate ties and hierarchies that older generations may have honoured....
...US companies investing in Venezuelan oil and gas not covered by existing licences will have until May 31 to wind down their operations....
...Even if the security of the transitional council members could be guaranteed, some fear the new body may not be viable....
...Disney would start marketing a new series of Doctor Who in May, he said, with the deep pockets of the US streamer marking a fresh start for the popular programme....
...His message may be particularly important amid a presidential election race year pitting Joe Biden against Donald Trump....
...And they may as well be fed by the highest-quality, independent fact-based content. We have done a number of those deals, and we’re exploring the potential there.”...
...Any deal between the two may also be wrapped up in the future of the Telegraph Media Group, according to Enders: Marshall is keen on the newspaper and Murdoch is eyeing its sister magazine, the Spectator...
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