Ben Hardy on EastEnders and his new LGBTQ film Unicorns: We’re all multi-faceted. Why stick to one label?
H&M shares rise after spike in summer sales June 27, 2019 Shares in H&M jumped ten per cent this morning after the Swedish fashion group reported that summer collection sales were up. H&M, which is the world’s second biggest fashion retailer after Zara owner Inditex, said that sales in June rose 12 per cent, beating analyst expectations. Read more: H&M shares soar despite profit fall Sales [...]
H&M sales halve during lockdown months as retailer hopes for June recovery June 15, 2020 Sales at H&M halved during the second quarter of the year, after the coronavirus lockdown forced it to close four-fifths of its global stores during the outbreak. The world’s second-biggest fashion retailer’s net sales for the three months to 31 May were 28.7bn crowns (£2.45bn), 50 per cent lower than the same period last year. [...]
Perella Weinberg partners take home slice of £16m profit September 12, 2018 Bankers at M&A advisory firm Perella Weinberg took home a slice of £16m profit last year. Operating profit for last year was £16.4m, almost double the £8.4m reported in 2016, and was divided between eight partners working for the investment bank in the City. Read more: Profits bounce back at Galliford Try but bypass woes loom The highest paid [...]
Perella Weinberg partners take home slice of £16m profit September 12, 2018 Bankers at M&A advisory firm Perella Weinberg took home a slice of £16m profit last year. Operating profit for last year was £16.4m, almost double the £8.4m reported in 2016, and was divided between eight partners working for the investment bank in the City. Read more: Profits bounce back at Galliford Try but bypass woes loom The highest paid [...]
Zara owner Inditex announces profit rise amid ongoing global expansion December 14, 2016 Inditex, the owner of various fashion brands including Zara and Bershka, has announced a nine per cent rise in its nine-month profit. Net profit reached €2.2bn (£1.85bn), and gross margin was 57.9 per cent. The Spanish retailer's earnings before interest, tax, depreciation and amortisation (Ebitda) increased 8.4 per cent, hitting €3.6bn. Read more: Zara owner [...]
Zara owner Inditex posts sales rise of 11 per cent September 21, 2016 The world's biggest clothing retailer – which owns brands such as Zara, Bershka and Pull & Bear – reported a like-for-like sales rise of 11 per cent this morning. Total sales increased to €10.47bn (£8.99bn) for the period from 1 February to the end of July. Profits jumped eight per cent annually, reaching €1.26bn (£1.08bn). Analysts had [...]
Primark hires former Zara Basic head Paula Dumont Lopez in bid to move up the clothing retailer ranks December 23, 2017 Primark has pulled in Paula Dumont Lopez, a former head of product at Zara Basic, as its new womenswear chief. The budget high street chain, which currently lags Marks and Spencer (M&S) and Next as the UK’s third largest clothing retailer, is to begin in January next year. Read more: Next’s sales return to growth [...]
These are the stocks to long and hortin the aftermath of Italy’s general election, according to algos at Quant Insight March 4, 2018 Italy’s general election today could have profound consequences on European markets, and certain stocks will be winners or losers. Analytics firm Quant Insight, which counts a number of global asset managers and hedge funds on its books, uses powerful algorithms to track which stock could benefit from specified outcomes. Ladbrokes Coral, Capita, Royal Dutch Shell [...]
H&M profits get a small boost as new store opening on the cards January 31, 2017 Fashion darling H&M today revealed a small increase in profit after missing estimates for five of the previous six quarters. The figures The Spanish retailer's profits after tax stood at £1.7bn (18.636bn kronor) in the year ending 30 November 2016. Sales in the first 29 days of this month rose 11 percent at constant currency rates, up [...]
H&M’s share price falls after sales figures disappoint January 16, 2017 Swedish international clothing retailer H&M's share price fell 2.76 per cent in trading today after it reported disappointing Christmas sales figures. The group's total sales in December rose six per cent year-on-year in local currencies, but analysts had forecast a sales increase of eight per cent. Read more: Bow down, John Lewis – H&M drops a Christmas [...]