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H&M’s fast-fashion parade is skating on thin ice

BREAKINGVIEWS-H&M’s fast-fashion parade is skating on thin ice The author is a Reuters Breakingviews columnist. The opinions expressed are their own. MILAN, Jan 27 (Reuters Breakingviews) - H&M’s HMb.ST outfit is once again failing to impress. Operating profit at the world’s second-biggest fashion retailer shrunk to 821 million Swedish crowns ($79.7 million) in the fiscal quarter ending Nov.
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Britain's Morrisons says supplier negotiations 'robust'

Britain's Morrisons says supplier negotiations 'robust' LONDON, Jan 26 (Reuters) - British supermarket group Morrisons' dealings with suppliers were "robust" but fair, its boss said on Thursday. Asked if Morrisons believed some suppliers might be using inflation as an excuse to hike prices more than necessary, Chief Executive David Potts told reporters the group had "strong" relationships with its suppliers.
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After Tesco inflation comments, AB Foods says grocery margin is down

After Tesco inflation comments, AB Foods says grocery margin is down LONDON, Jan 24 (Reuters) - Associated British Foods' ABF.L profit margin for its grocery division will fall in its 2022-23 year as input costs continue to outpace price rises for its customers, its finance chief said on Tuesday. John Bason told Reuters this showed AB Foods, whose grocery brands includes Twinings tea, Jordans cereals and Ovaltine drinks, was not using inflation as an excuse to hike prices more than necessary.
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UK sugar output dented by adverse winter weather

UK sugar output dented by adverse winter weather LONDON, Jan 24 (Reuters) - UK sugar production from the 2022/23 campaign is expected to be lower than previously expected following adverse weather, British Sugar said on Tuesday. The beet sugar processor, a unit of Associated British Foods, said in a trading update that production is now seen at 0.74 million tonnes, down from a previous forecast of 0.9 million and the prior season's 1.03 million.
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FTSE 100 dips after weak economic data fans recession fears

UPDATE 2-FTSE 100 dips after weak economic data fans recession fears For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window UK PMI falls at fastest rate in 2 years Senior jumps after upbeat forecast FTSE 100 down 0.4%, FTSE 250 adds 0.3% Updates to market close By Shashwat Chauhan and Shristi Achar A Jan 24 (Reuters) - UK's blue-chip index closed in the red on Tuesday, with healthcare and commodity stocks leading losses after data showed Britis
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