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...Cotton represents about 60 per cent of H&M’s material needs, while polyester accounts for about a fifth....
...He added that after several years of closing more stores than it opened, H&M had “great opportunities” in 2025 and 2026 to increase the number of its shops....
...A person familiar with its deal said that the two private equity firms would take an equity stake of about $1bn for just over 50 per cent of the firm, with more than $900mn coming from H&F....
...In its first set of quarterly results since Daniel Ervér took over as chief executive last month, the Swedish company reported net sales in the three months to the end of February of SKr5.4bn ($509mn), with...
...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....
...The new chief executive of H&M has signalled that the Swedish fashion retailer will seek to end years of stagnating sales growth at the same time as boosting profitability....
...One good read American big-box store sells lots and lots of small bits of metal....
...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...
...Robert H Wade Professor of Global Political Economy London School of EconomicsLondon WC2, UK...
...Benjamin H Bradlow Assistant Professor of Sociology and International Affairs, Princeton UniversityPrinceton, NJ, US...
...Under Lynne Parker’s direction, the action lacks focus and peters out inconclusively by the interval. The final 50 minutes then swerve into time-bending fantasy, punctuated by a surfeit of monologues....
...Ervér, who joined H&M as a summer trainee in 2005, told the Financial Times that he believed in the core business model of H&M even as competition from the likes of Shein and Temu has intensified....
...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?...
...H&M’s head of design Ann-Sofie Johansson explains why Rokh attracted the chain’s interest, saying: “We have been keeping an eye on the brand for several years now....
...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....
...But will our children and grandchildren thank us if our museums can no longer afford to be the envy of the world. Martin P Levy H Blairman & Sons, London SW1, UK...
...The number of the old and very old will be rising; the number of people in the workforce will be falling....
...year, down from its 23-year high of 5.25 per cent to 5.5 per cent....
...The Fed previously indicated that it intended to cut rates from a 23-year high of 5.25-5.5 per cent this year, but the timing of the first move is now being debated amid signs of persistent strength in the...
...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.”...
...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....
...) Lynne Truss...
...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....
...David H SullivanBedford, Bedfordshire, UK...
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