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India

Anna Ringstrom

H&M-backed startup puts bacteria to work in green dyeing process

27 Nov 2019

STOCKHOLM/NORWICH, Britain A British biotech startup is developing a method of textile dyeing that taps into the bright colors of birds and butterflies and has micro-organisms recreate them on fabric, slashing the use of water and heavy chemicals in the process. | Video

IKEA to invest 200 million euros in race to turn 'climate positive'

27 Nov 2019

STOCKHOLM IKEA, the world's biggest furniture group, said on Wednesday it would spend around 100 million euros ($110 million) to support direct suppliers as they switch over to renewable energy use.

Big products, big challenge: IKEA brand owner invests in logistics

08 Nov 2019

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.

UPDATE 1-Big products, big challenge: IKEA brand owner invests in logistics

08 Nov 2019

STOCKHOLM, Nov 8 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.

Re-sale market drives hype around H&M designer collaborations

08 Nov 2019

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.

Trio of buyers rescues Thomas Cook's Nordic business

30 Oct 2019

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.

Husqvarna swings to a lower profit than expected in third quarter

22 Oct 2019

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.

UPDATE 1-Husqvarna swings to a lower profit than expected in third quarter

22 Oct 2019

STOCKHOLM, Oct 22 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.

Vattenfall wins electric vehicle charging stations order from Norway's Tine

06 Oct 2019

STOCKHOLM Swedish power group Vattenfall has won an order from Norway's biggest dairy group Tine SA to run 200 charging stations for employees' and customers' electric vehicles.

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