56
FLYTO
milanlinate
,
milanmalpensa
threetimesdaily;
stockholm
uptofourtimesdaily;
newyorkjfk
daily.
brusselsairlines.com
SLUG
18%
Theexpected rise inonline
shopping inEurope’s
majormarkets,
saysa reportby
theCentre for
RetailResearch.
3%
Thedecline inUS
salesof carbonated
softdrinks in2013,
according toNew
York-based
industrynewsletter
BeverageDigest.
Thisdipmeant a
mere8.9billion
casesoffizzydrinks
weresold last year.
€326
m
Theestimatedvalueof
KurtCobain’sestate,
20yearssincehisdeath,
as theNirvana frontman’s
musiccontinues to reapa
digital dividend. InApril
thebandwas inducted
into theRock
andRoll
Hall of
Fame
inNew
York.
Thisyear’sethicalmodel
Stockholm-based fashionchainH&Mhas receiveda timelyboost–beingnamedasEurope’sonly
fashion firm inEthisphere’s list ofWorld’sMost Ethical Companies–as it embarksonanexpansion
drivewhich includes twonewsustainablyproduced ranges.
For itsConsciousExclusivecollection,H&Mhascreateda lineof eveningwearwhich featuresa
flamenco-inspireddressmadeof 100% recycledpolyester crêpeandashoulder piecemadeof
recycledplasticbeads. ButNewYork research instituteEthispheredoesmore thansift through racks.
Theorganisation rankscompaniesonethics, compliance, reputation, leadership, innovation
governance, corporatecitizenshipand responsibility. “It isagreat recognitionofH&M’sstrongethical
approach,” saidH&M’sCEOKarl-JohanPersson inastatement.
Daysearlier,whiledelivering thecompany’s latest financial results, Persson
confirmed thatH&Mwill soon introduceanew
as-yet-unnamed retail brand, launchasport line
andopen375newstores in2014.
Thecompany isalsoopening the first
USoutpost inNewYorkof its&Other
Stories retail concept,whichalready
has locations inBarcelona, Berlin,
Copenhagen, London,Milan,
ParisandStockholm.
ThehugeNYstorewill be
onBroadway, guaranteeing
ahigh-profileopening.While
theSwedishcompanyearns
goodwill bycultivatingan imageof
environmental sustainabilityacross its
growingportfolio, it acknowledges that
thisbusinessmodel iscostly. Persson
said that purchasingcertainmaterials,
includingorganiccotton, drivesupcosts, asdoes
risingwages inAsia. In the fiscal first quarter
ending28February,H&M’snet profit rose7.8%
to€296m, around€20mbelowexpectations.
the
numbers
69.3
Theaverage
megabitsper
secondof
Italy’s internet
speed.According to
ResearchersatTIB, a
SiliconValley-based
institute, Italyhas
the fastest internet
connection in theworld.
Eveningwear from
H&M’ssustainably
producedConscious
Exclusivecollection
may2014
