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Telegraph Media Group Ltd
Abu Dhabi-backed RedBird IMI set to withdraw from Telegraph takeover
...The formal withdrawal of the offer will kick off an auction process that is expected to draw bids from parties including hedge fund boss Paul Marshall, Rupert Murdoch’s News UK, and newspaper group National...
April 26, 2024
Hennes & Mauritz
New boss seeks to make H&M even faster at fashion
...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...
February 4, 2024
FT Live
Business of Luxury Summit
Gathering leaders in luxury for the 20th year
Sunday, 19 MayVenice, Italy
Hennes & Mauritz
H&M and Northvolt investor fund startup to cut fashion industry emissions
...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....
March 6, 2024
Telegraph Media Group Ltd
RedBird IMI favours Telegraph sale after Sunak moved to block deal
...Previous bidders. including a consortium led by hedge fund manager Paul Marshall, and Daily Mail-owner DMGT, have already indicated their interest in the Telegraph, according to one person close to the situation...
March 14, 2024
Newspaper industry
Rothermere’s DMGT ends talks with Qatar over funding Telegraph bid
...Hedge fund boss Sir Paul Marshall is another contender for the Telegraph. Rupert Murdoch’s News UK, Czech billionaire Daniel Křetínský and Axel Springer have also registered interest....
November 10, 2023
News updates from March 27: Yen hits 34-year low; Nobel winner Daniel Kahneman dies
H&M shares rise on strong quarterly performance
...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...
March 27, 2024
FT Live
Due Diligence Live
Where leaders in investment and finance meet
Tuesday, 8 OctoberLondon, UK
Person in the News
Paul Marshall, the financier turned media baron bankrolling GB News
...daniel.thomas@ft.com; harriet.agnew@ft.com Letter in response to this article:Quite the opposite is true / From Matteo Sartori, Milan, Italy...
March 9, 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
GB News
GB News owner pumps in further £41mn in funding as losses widen
...GB News owner All Perspectives, the group backed by hedge fund tycoon Paul Marshall, has been forced to provide a further £41mn in funding to cover operating costs at the lossmaking broadcaster....
March 5, 2024
Hennes & Mauritz
New H&M chief vows to end years of stagnating sales growth
...“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....
March 27, 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
Media
Ofcom warns broadcasters over election bias
...The broadcaster, co-owned by hedge fund boss Sir Paul Marshall, has carved out a niche in hiring politicians, the vast majority of which are from the Conservative or Reform parties, to host current affairs...
April 24, 2024
ObituaryPaul Auster
Paul Auster, novelist, 1947-2024
...In 2022, Auster’s son with Davis, Daniel, died following a drug overdose, not long after his baby daughter was found dead by his side....
May 1, 2024
Telegraph Media Group Ltd
RedBird IMI admits defeat in attempt to buy UK’s Telegraph
...Interested parties for the Telegraph are expected to include hedge fund boss Paul Marshall, DMGT, Belgium publisher Mediahuis and regional newspaper group National World....
April 30, 2024
News in-depthAgricultural commodities
Latin American cocoa farmers rush to expand planting as prices spike
...We’ve seen significant growth in Peru, we’ve seen it in Colombia, Brazil,” said Paul Hutchinson, chief strategic trading officer at Olam Food Ingredients, one of the world’s biggest soft commodity suppliers...
April 23, 2024
FT Live
Future of Retail
Securing long-term business growth with technology innovation
Tuesday, 17 SeptemberLondon, UK
Media
Rupert Murdoch’s TalkTV to close terrestrial channel
...However, TalkTV has struggled with viewers and has slipped behind rivals including Paul Marshall’s GB News, which launched just months before in 2021....
March 5, 2024
GB News
Watchdog slams GB News over ‘misogynistic’ comments by actor Laurence Fox
...The regulator currently has about a dozen open investigations into GB News, which is backed by hedge fund boss Paul Marshall....
March 4, 2024
GB News
GB News breached rules over politicians as news presenters, finds Ofcom
...The broadcaster, co-owned by hedge fund boss Paul Marshall, has carved out a niche in hiring right-leaning politicians to host current affairs shows....
March 18, 2024
Telegraph Media Group Ltd
Sunak seeks to block foreign state takeover of the Telegraph
...They included hedge fund millionaire Sir Paul Marshall and DMGT, the group that owns the Daily Mail. Rupert Murdoch’s News Corp is also interested in buying the Spectator....
March 13, 2024
Media
UK media watchdog to investigate GB News over Sunak Q&A
...The People’s Forum was one of the most watched programmes this year for the channel, which is co-owned by hedge fund manager Paul Marshall, with more than 5mn views online....
February 19, 2024
LexEuropean companies
Shein’s fast fashion rivals may find stores are their best defence Premium content
...H&M’s new chief executive Daniel Ervér has pledged to cut the time it takes to get new collections into stores....
March 10, 2024
News in-depthMedia
How GB News became the pulpit of rightwing politics in Britain
...Launched in 2021 and bankrolled by libertarian investors such as hedge fund boss Sir Paul Marshall, lossmaking GB News has revelled in its role as a disrupter and is not exactly modest about its ambitions...
March 23, 2024
Telegraph Media Group Ltd
UK government considers changes to the law to block Telegraph takeover
...DMGT, which owns the Daily Mail, hedge fund millionaire Paul Marshall and Rupert Murdoch’s News Corp all registered interest in an auction before RedBird IMI agreed to buy the Telegraph....
March 11, 2024
FT Asset Management
Paul Marshall’s evolution from financier to media baron
...The hedge fund manager bankrolling GB News Hands resting lightly on the lectern, Sir Paul Marshall laid into the three enemies of the free market, what he called the “mutant siblings” of capitalism: the...
March 11, 2024
Media
Piers Morgan’s change of programme hits Rupert Murdoch’s TV dream
...But TalkTV’s centre-right position has been usurped in part by GB News, the Paul Marshall-backed channel, which is regularly drawing in more viewers with its blend of controversial commentators and shows...
February 10, 2024

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