Karl-Johan Persson, H&M chief
©Johan Jeppsson Karl-Johan Persson defends H&M’s conduct when dealing with suppliers in low-cost countries Karl-Johan Persson pauses on his way out of the headquarters of Hennes & Mauritz in central…
Co-op’s retiring chief skips annual meeting
The Co-operative Group sought to draw a line under its recent troubles as Peter Marks, retiring chief executive, opted not to attend its annual meeting. The Group said it did…
Tesco seeks China partnership
©John Connor Press Associates Tesco is eyeing a joint venture in China as it seeks to contain capital expenditure in its sprawling international operations. Britain’s biggest retailer, which has been…
Loeb’s vision for Sony draped in risk
It takes a special breed of financier to see a drowning man’s life vest as an obstacle to his swimming practice. But that, essentially, is how Daniel Loeb, founder of…
H&M rethinks sourcing policy
©Bloomberg Hennes & Mauritz is exploring sourcing clothes from Latin America and Africa for the first time as the world’s second-largest fashion retailer rethinks its production strategy following the Bangladesh…
Liquid stylist
Ray Spencer My job is to make drinks look desirable when they appear in advertisements and films. For beer, this means making it look cold. It would be impossible to…
Report points to LVMH operation on Hermès
©Bloomberg LVMH, the luxury goods company headed by Bernard Arnault, undertook a secret operation to build its controversial stake in Hermès, its smaller French rival, according to a leaked report…
Mile-high bid to step up to a better class
©Corbis ‘For those seeking a way out of the economy cabin, a number of airlines, including Virgin Atlantic, Etihad, Austrian Airlines and Tap Portugal offer a facility whereby you tell…
Week in review, May 18
©Bloomberg Tony Hayward’s job at Glencore Xstrata is to supervise the search for a successor to Sir John Bond A round up of some of the week’s most significant corporate…
Singleton households dominate marketing
©Dreamstime One peson homes represent 30 per cent of all households in England and Wales Single-person households are becoming an increasingly dominant feature of British society in a demographic shift…
Morrison and Ocado deal sparks row
©Bloomberg Waitrose has demanded to see details of the £200m deal between Wm Morrison and Ocado, as the grocery arm of the John Lewis Partnership considers whether to walk away…
Macy’s: the strongest link
Macy’s For US retailers, the recovery is over. So one would have to conclude, at any rate, looking at the numbers from the department of commerce. American shoppers, true to…
Market insight: What price quality shares?
High-quality companies have been good investments since the 2008 crisis. Many investors bought their shares, or added to existing holdings. So did I. And, increasingly, so has everyone else, with…
Merchant Capital clients hit by extra fees
©Dreamstime Thousands of investors who bought structured products from failed providers Keydata, Arc Capital and Merchant Capital are being warned to expect lower returns on their money now that the…
Sly Bailey joins sandwich-maker’s board
©Reuters Sly Bailey has joined the board of one of the UK’s largest sandwich-makers, her first job since stepping down as chief executive of Trinity Mirror amid last year’s shareholder…