STOCKHOLM Leading office tissue paper supplier Essity said easing pulp prices meant it had to cut the cost of some products, hitting first-quarter earnings, after it reported a jump in fourth-quarter profit on Wednesday.
* H&M seen returning to profit growth in 2020
(Adds company comment, background)
STOCKHOLM/NORWICH, Britain A British biotech startup is developing a method of textile dyeing that taps into the bright colours of birds and butterflies and has micro-organisms recreate them on fabric, slashing the use of water and heavy chemicals in the process. | Video
STOCKHOLM IKEA, the world's biggest furniture group, said on Wednesday it would spend around 100 million euros (£86 million) to support direct suppliers as they switch over to renewable energy use.
STOCKHOLM The owner of the IKEA furniture brand expects sales to grow this fiscal year as online trade expands, but profits will be tempered by increased investment as the brand battles web specialists like Amazon and Made.com.
MADRID/STOCKHOLM As fast-fashion giant H&M pushes more designer tie-ups, some consumers are eschewing the long lines outside stores to buy the looks in the fast-growing resale market.
STOCKHOLM/COPENHAGEN Norwegian property tycoon Petter Stordalen and private equity firms Altor and TDR Capital have agreed to buy the Nordic business of collapsed British travel company Thomas Cook.
STOCKHOLM Husqvarna , the world's biggest maker of gardening power tools, posted a smaller than expected third-quarter operating profit and said weakened demand in North America had hit sales.