BusinessMember
Hennes & Mauritz surprises with significant profit increase in third quarter
Swedish apparel group Hennes & Mauritz AB (H&M) posted a surprisingly strong profit increase in the third quarter of its 2025/26 financial year. Sales, however, remained virtually flat compared to the same period last year. This was revealed in an interim report published on Thursday by the parent company of brands including H&M, Cos, Weekday, &...
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Business|CEO Interview Member
Iguatemi’s CEO Ciro Neto on winning Dior and the race for Brazil’s luxury shopper
Brazil's luxury market is worth around 98 billion reais and could reach 150 billion by 2030, on Iguatemi's own estimates. Ciro Neto, who took over as chief executive officer in March 2025, wants the group to remain the door every international brand walks through to reach it. "Brazil is a complex market, and what we offer international brands...
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