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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....
...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?”...
...Earlier in 2023 she locked horns with the Commons Speaker Sir Lindsay Hoyle, who admonished her for announcing a government policy decision via a newspaper rather than in parliament, as convention dictates...
...H&M will close more stores than it opens this year, he added....
...So I’m not terribly concerned about rescission, but I recognise that is an option....
...“I’m not saying it’s good but in America you have a lot of AI and no regulation, in Europe you have no AI and a lot of regulation. It’s interesting,” he added....
...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....
...Thanks, Richard. Richard Waters Well, it’s a pleasure....
...“I’m a little bit worried about this rather belligerent talk about Russia going to test Article 5 [Nato’s collective defence clause], and that Europe is next in line....
...“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....
...“At the moment, I’m sheriff for only half the county . . . and my arsenal is weaker than other regulators....
...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....
...Reform’s current leader Richard Tice has floated the idea of his predecessor returning as an election candidate but sought to dispel rumours that he would take the party’s helm....
...“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...
...US megadeals are slowly bringing M&A action back If a UK paper and packaging company is at the centre of a bidding war, then M&A must be back....
...H&M blamed unusually hot weather in September for poor sales as the Swedish fast-fashion retailer reported a big increase in profits....
...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 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?...
...I’m waiting for an answer.” Kristersson said he was “concerned” about how the summit would unfold....
...I’m not positive what that means, but I’m having it anyway....
...I’m so afraid of just saying that I’m smart. It’s this idea of making other people feel comfortable.”...
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