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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....
...H&M spent last year prioritising profitability over sales growth by closing stores and raising prices....
...Kleinman said H&F’s investment could double in size over time as it funds future acquisitions....
...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 will close more stores than it opens this year, he added....
...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....
...Robert H Wade Professor of Global Political Economy London School of EconomicsLondon WC2, UK...
...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...
...Donald H MalcolmCardross, Dunbartonshire, UK...
...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?...
...The H&M partnership is an unexpected win for the budding label, which has been entirely self-funded and remains independent....
...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...
...H&M, the world’s second-largest clothing retailer, was the best performer on the Stoxx Europe 600, with shares up 15.2 per cent after the group reported rising operating profits in the first quarter, signalling...
...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....
...H&M blamed unusually hot weather in September for poor sales as the Swedish fast-fashion retailer reported a big increase in profits....
...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...
...Martin P Levy H Blairman & Sons, London SW1, UK...
...H&M’s new chief executive Daniel Ervér has pledged to cut the time it takes to get new collections into stores....
...David H SullivanBedford, Bedfordshire, UK...
Comments from US central bank chair raise hopes for fall in borrowing costs within months
Strong US economic growth will not halt central bank’s plan to reduce borrowing costs this year
...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....
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