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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
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
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
Unhedged
Inflation narrative whiplash Premium content
...They earn a spread by acquiring money at a lower price and lending it at a higher one....
April 17, 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
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
Letter
Letter: One man, his dog and an abandoned Range Rover
...Donald H MalcolmCardross, Dunbartonshire, UK...
February 9, 2024
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
LexIntuit Inc
AI boom can even work on your taxes Premium content
...Smaller rival H&R Block trades on a multiple of only 12 times. But this premium has more to do with bog-standard accounting than cutting-edge tech....
April 22, 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
FT Live
Global Wealth Management Summit
Recalibrating business for multi-generational private clients
Wednesday, 6 November222 Marylebone Road, London NW1 6JQ, United Kingdom
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
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
FT readers respond
FT readers respond: UK ‘pothole crisis’
...In the lead-up to the 1992 US presidential race between Bill Clinton and George H.W. Bush, strategist James Carville famously quipped “It’s the economy, stupid.”...
April 24, 2024
News updates from March 19: Bank of Japan ends negative rate era; Microsoft hires DeepMind co-founder
Germany charges military officer with spying for Russia
...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....
March 19, 2024
News updates from September 27: Soldier Travis King ‘in US custody’, Argentina’s poverty rate hits 40%
Sweden’s H&M blames hot weather for drop in sales
...H&M blamed unusually hot weather in September for poor sales as the Swedish fast-fashion retailer reported a big increase in profits....
September 27, 2023
Private investing
Investment trust purchases down 28% in 2023
...Nick Britton, the AIC’s research director, said: “Last year was challenging for investment trusts with the average discount reaching its widest level since the financial crisis....
February 23, 2024
Gardens
Do houseplants purify the air? Experts debunk indoor gardening myths
...But Tony Le-Britton, author of houseplant book Not Another Jungle, points out that this study, now more than 30 years old, is often misquoted or cherry-picked to support a narrative of air purification....
March 15, 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
Letter
Letter: Russian lavatory looting shows little has changed
...David H SullivanBedford, Bedfordshire, UK...
November 17, 2023
US inflation
Fed chair Powell expects US inflation to keep cooling in coming months
...However, the pace of those cuts could yet be scuppered by a new bout of inflation....
March 29, 2024

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