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...H&M has signed a $600mn deal with Syre to buy enough of the start-up’s production in the next seven years to cover about half of its total need for recycled polyester....
...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”....
...The Biden administration has, after all, reasserted the role of the state in the US economy in ways we haven’t seen for half a century: supporting re-industrialisation, subsidising strategic industries,...
...Bank earnings season has been boring so far. But don’t let that fool you. We’re still living in interesting times. One good read American big-box store sells lots and lots of small bits of metal....
...They inflate the threat-language far beyond the credible science, so that the future cannot be discussed except in terms of a choice between impending “disaster”, “catastrophe”, “planetary extinction”, or...
...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...
...“And when we do get that confidence, and we’re not far from it, it will be appropriate to dial back the level of restriction so that we don’t drive the economy into recession.”...
...H&M’s operating margin was more than 20 per cent in 2010 but has fallen since then, and was last above 10 per cent in 2017....
...So we did what any annoying blogger self-respecting reporter would do and emailed the organisation to ask for a source....
...“This was at the very beginning of her time at Celine so I was able to see it bloom after it had been restructured and saw how she approached setting up the DNA of the brand....
...Financial markets have been following the US presidential race closely but investors have been wary of building strategies so early in the contest, choosing instead to focus more on Powell’s policies than...
...“We’re dealing with record high employment, so that [should] seem quite positive, but the inflation shock is clearly still weighing,” said Bert Colijn, an economist at Dutch bank ING....
...“So for a president to be seen to interfere so blatantly in parliamentary politics — and over an issue involving his own family — is a really bad look.”...
...So-called first-generation fast fashion retailers such as H&M and Inditex have to look for ways they can press home any advantages over Shein, whose ascendancy has been aided by video app TikTok....
...Biden will not step down, so his earlier self must prevail. The Biden who, as senator in 1992, mocked George H Bush for trying to persuade “the American people they don’t have an economic problem”....
...So he was adamant that market bets of a cut as soon as the next meeting, in March, were overeager — not his “base case”....
...You can really experience slow village life there, and you’re so close to nature; it’s attached to an organic farm....
...Even so, some economists believe recent US data — notably on inflation — will force the central bank to be more cautious....
...“We’re not declaring victory,” he said....
...We’re curious about how this would stand up in a court of law. Yes, February 31 2013 hasn’t happened yet, but as a species we were happy enough to move on into 2014, so there’s no going back....
...Yankee Candle and H&M didn’t respond to our emails. The food & dining sector follows closely in second with 72 companies....
...So there was a time when the US understood that it could exert influence on Israel and in one instance — in the George H Bush presidency — actually succeeded in doing so....
...“Once you go beyond that, it’s difficult to maintain the message that you’re not close to the point where you’re considering cuts or speculating around it,” he said....
...“So really the kind of pain that I was worried about and so many others were, we haven’t had that. And that’s a really good thing. And, you know, we want that to continue.”...
...So after leaving rates on hold this time around, Powell was widely expected to give a subtle wink and a nod to markets that “you’re overdoing it, knock it off”. He did not do that at all....
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