H & M Hennes & Mauritz AB
European markets close slightly higher; H&M up 15% after profit beat; Sweden holds rates
S4 Capital shares fall 8% on revenue warning Shares of digital marketing agency S4 Capital slipped 15% before paring losses slightly after warning of a further fall in revenues this year amid a still challenging advertising market. S4 Capital reported a 25% drop in core earnings in 2023 as tech clients cut ad spend. Shares […]
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H&M shares leap 13% as revenue smashes expectations
HONG KONG, CHINA – 2021/08/07: Pedestrians cross the street in front of the Swedish multinational clothing design retail company Hennes & Mauritz, H&M, shop in Hong Kong. (Photo by Budrul Chukrut/SOPA Images/LightRocket through Getty Photos) Sopa Pictures | Lightrocket | Getty Pictures Shares of H&M leapt 13% in early discounts on Wednesday, right after the […]
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Shein rejects Amazon ɼlone' converse as it prepares for U.S. listing
Chinese-established on the internet retail large Shein is not positioning itself as an Amazon “clone,” the business informed CNBC, as it prepares for a U.S. general public listing later this yr. The e-commerce firm’s item classes are very likely to “increase in excess of time,” as the business enterprise entrenches by itself deeper into the […]
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Barclays reveals 10 debt-laden international shares at danger from increased desire charges
Barclays has identified the European shares that are most at danger of getting a hit to revenue above increasing fascination payments for credit card debt about the following two years. Throughout the coronavirus pandemic, central banking companies cut fascination prices to historic lows, enabling companies to borrow personal debt at extremely favorable charges. A lot […]
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European markets open marginally better on ultimate day of initial 50 % traders await important inflation facts
Christine Lagarde, president of the European Central Lender (ECB). Bloomberg | Bloomberg | Getty Photos European equity marketplaces opened in slightly good territory Friday, just after producing marginal gains through the 7 days, with investors holding an eye on approaching euro zone inflation data. The pan-European Stoxx 600 index was up .3% as investing begun, […]
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Fintech company Klarna overhauls its application with a TikTok-like discovery feed as A.I. buzz swirls
Crucial Factors “Obtain now, spend later on organization” Klarna on Tuesday built some sweeping changes to its application, including a TikTok-influenced discovery feed that endorses products to customers. David Sandstrom, Klarna’s main advertising and marketing officer, says the company took inspiration from Chinese tech platforms’ skill to goal users with uncanny precision. Among the other […]
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European shares shut increased as banking issues proceed to relieve H&M up 16%
European markets shut better Thursday, with most sectors putting up gains as concerns around the banking sector relieve. Source
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Secondhand resale is getting cutthroat as platforms like Depop and Poshmark boom
The Depop application on a smartphone arranged on Wednesday, June 2, 2021. Gabby Jones | Bloomberg | Getty Images Six months after launching his secondhand clothing shop on digital marketplace Depop in 2020, Blake Robertson, a 15-year-old high schooler at the time, received a death threat from a customer. It came via Instagram, from someone […]
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European markets clock most effective week considering that November as traders digest U.S. jobs report
LONDON — European markets climbed on Friday as traders digested essential euro zone inflation knowledge and December’s U.S. positions report. The pan-European Stoxx 600 index shut 1.1% bigger provisionally, marking a 3.4% rise for the 7 days — its most effective efficiency due to the fact mid-November. All sectors had been in the environmentally friendly. […]
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Outperforming asset manager picks 3 international suppliers to shorter amid a fall in purchaser paying
Shares of mass sector stores will tumble as profit margins are squeezed, and shoppers curtail paying future year, according to Plurimi Wealth’s main investment officer. Patrick Armstrong explained to CNBC’s Professional Talks final 7 days that he was betting in opposition to Japanese electronics retailer Rakuten , multinational outfits enterprise H & M , and […]
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