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Meet The Billionaire Whose European Real Estate Empire Caters To Brands Like Hyundai And H&M
13 Apr 2025 11:21 GMT
Weeks before President Donald Trump announced sweeping tariffs on more than 80 countries around the world—including 20% on the European Union—Dutch real estate billionaire Remon Vos was sanguine about the impact a coming trade war would have on CTP, his …
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Trent Business Model, Promoter Details, Shareholding Pattern, and Q3 FY25 Earnings
06 Apr 2025 06:54 GMT
Trent Limited, a key retail entity under the Tata Group, has solidified its position in India’s fashion and lifestyle sector. As of April 5, 2025, the company’s Q3 FY25 earnings (October-December 2024) shed light on its financial and operational …
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Arvind: Business Model, Q3 FY25 Earnings, Promoter Details, and Shareholding Pattern
06 Apr 2025 05:51 GMT
Arvind Limited is a leading Indian textile and apparel company headquartered in Ahmedabad, Gujarat. Established in 1931 by the Lalbhai family, it has grown into one of India’s largest integrated textile manufacturers, with a significant presence in denim …
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H&M earnings hit by discounts, strong currency
27 Mar 2025 13:52 GMT
STOCKHOLM, Sweden — H&M reported Thursday weaker-than-expected sales and profits in the first quarter, as discounts and a strong Swedish currency hit earnings at the world's second-biggest fashion retailer.
H&M said net profit fell 53 percent …
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H&M reported weaker-than-expected sales and profits
30 Mar 2025 11:19 GMT
H&M reported weaker-than-expected sales and profits in the first quarter as discounts and a strong Swedish currency weighed on revenue at the world’s second-largest fashion retailer, AFP reported.
H&M said net profit fell 53 percent to 579 million …
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H&M reports disappointing Q1 sales amid sluggish start to the year
28 Mar 2025 09:19 GMT
Image Courtesy: Linkedin
H&M reported lower-than-expected revenues in the fiscal first quarter, continuing its poor start to the year due to low demand.
In the three months ending 28th February, sales at the Swedish fashion behemoth increased 2 per …
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US Pauses Payments to WTO, New Duty Threats and Earnings Impacts
28 Mar 2025 07:21 GMT
The U.S. has suspended its contributions to the World Trade Organization (WTO) as a part of the federal government’s cost-cutting measures, putting the nation’s membership to the preeminent body for regulating international trade on perilous footing.
While …
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H&M: Stuck in the Middle With You
27 Mar 2025 23:11 GMT
It’s been just over a year since H&M announced a surprise change in leadership, ousting pandemic-era CEO Helena Helmersson and appointing company veteran Daniel Ervér in her stead.
Ervér’s challenge was to rejuvenate sales at the world’s second-biggest …
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Fashion Retailer H&M Reports Modest Sales Growth In Q1, Faces Margin Pressures
27 Mar 2025 13:42 GMT
Swedish fashion retailer Hennes & Mauritz AB HNNMY HMRZF reported a 3% increase in net sales for the first quarter of its fiscal year, reaching 55.3 billion Swedish Krona ($5.1 billion).
The growth in local currencies was 2%, influenced by a 3% …
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Sweden’s H&M posts $2.58 bn profit in Q1 FY25 despite margin pressure
27 Mar 2025 12:40 GMT
Swedish clothing company H&M Hennes & Mauritz AB group has generated net sales of SEK 55,333 million (~$5.26 billion) in the first quarter (Q1) of fiscal 2025 (FY25) ended February 28, 2025, marking an increase of 3 per cent year-over-year (YoY). …