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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....
...Thanks, Richard. Richard MilneThanks very much....
...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....
...“What I’m fed up with is our entire livelihoods being used as political pawnage....
...Good afternoon from across the Irish Sea where I’m standing in for Peter as he takes a well-earned summer break....
...Thanks, Richard. Richard Waters Well, it’s a pleasure....
...“I have cut back on my international travel, which means I’m in London most of the time, so I’m much more engaged in the work of The Lancet . . ....
...“I feel, in my life, like I’m writing one big piece,” she has said, but it does not sound like that....
...But the restoration of power-sharing and Donaldson’s leadership face at least two known threats....
...I’m standing in for Peter this week — and it’s a good time to look at Northern Ireland since we have a trade delegation from the US in town, the first substantial upset to the operation of the Windsor framework...
...Democratic Senator Richard Blumenthal welcomed a recent agreement for American sports magnates to inject $3bn into the PGA Tour’s commercial operations, and warned of intense scrutiny if the Saudi sovereign...
...Richard McGregorYes, India on the other side. I’m thinking about maritime Asia....
...profit is encouraging, and I think that they desperately need to have the resources to invest more in the business because it has become competitively weak over recent years in a number of key areas,” said Richard...
...But Donaldson has a reputation as a cautious leader. “The longer he dithers, the weaker he is,” said Heenan. “Is his legacy going to be ‘Dithering Donaldson’?’”...
...“I’m proud to see how our ambition to mass produce the world’s greenest battery attracts top-tier financial partners, as global capital is looking to invest in electrification and climate change mitigation...
...I’m really proud,” he said. He added that the one thing that defined Supercell was only putting out games that met its high quality standards. “What is the price we are willing to pay for a value?”...
...H&M blamed unusually hot weather in September for poor sales as the Swedish fast-fashion retailer reported a big increase in profits....
...I’m joined now by the FT’s Nordic and Baltic correspondent Richard Milne. Hi, Richard. Richard Milne Yeah, hi there. Marc Filippino So what exactly did Tesla sue over?...
...In M&A news, consolidation in the US shale oil sector continues, this time with the announcement yesterday of Diamondback Energy’s $26bn tie-up with Autry Stephens’ Endeavour Energy Resources....
...I’m waiting for an answer.” Kristersson said he was “concerned” about how the summit would unfold....
...Then followed models Lily Donaldson, Naomi Campbell, Lily Cole and Edie Campbell. Are we back in the 2000s? Not quite, but you’d be forgiven for thinking so, given the return of models from that era....
...Richard Gladwin, half of the Local & Wild Restaurant Group, loves making Aga toast between two metal racks....
...Who knows if it will inspire such mania as The Gruffalo, Zog, Stick Man and Room On The Broom (among the gazillions of her titles), but I’m willing to take the chance....
...UK senior partner Richard Houston replaced half of his executive team in an unexpected management reshuffle after securing a second term leading the business in 2022. “They are pretty ruthless....
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