Edition:
India

Anna Ringstrom

UPDATE 4-Tissue maker Essity suffers as many people stay at home

22 Oct 2020

* To invest 2.6 bln SEK in new digital platform (Adds CEO comment, updates shares)

Assa Abloy circles back to pre-pandemic dividend proposal as profits recover

21 Oct 2020

STOCKHOLM Profits at Assa Abloy, the world's biggest lockmaker, fell less than expected in the third quarter due to a strong recovery across divisions and especially in Europe, from the pandemic-induced slump earlier in the year.

UPDATE 4-Gardening toolmaker Husqvarna profit jumps on stay-at-home trend but jobs to go

20 Oct 2020

* Pandemic, good weather extends gardening season through August

American Louise Gluck wins Nobel Prize for Literature

09 Oct 2020

STOCKHOLM American poet Louise Gluck won the 2020 Nobel Prize in Literature for works exploring family and childhood in an "unmistakable...voice that with austere beauty makes individual existence universal", the Swedish Academy said on Thursday. | Video

H&M machine knits shoppers' old jumpers into new ones on the spot

08 Oct 2020

STOCKHOLM Shoppers at H&M in Stockholm will be able to watch their old jumpers be knitted in to a new sweater or scarf on the spot as the world's second-biggest fashion retailer looks for new ways to encourage its customers to recycle used garments.

IKEA gets sales boost from shoppers' new stay-at-home focus

06 Oct 2020

STOCKHOLM IKEA sees sales returning to growth this year after the coronavirus crisis boosted shoppers' interest in spending more on their homes, a trend the world's biggest furniture retailer believes is here to stay.

H&M bounces back from coronavirus slump

15 Sep 2020

STOCKHOLM Sweden's H&M , the world's second-biggest fashion retailer, beat quarterly profit forecasts as it recovered more quickly than expected from a coronavirus-induced slump, in a positive sign for the industry. | Video

No pandemic pause in IKEA's U.S. shopping mall plans

07 Sep 2020

STOCKHOLM IKEA's shopping centres business hopes to open the doors of its first mall in the United States, in the centre of San Francisco, within a year, pushing ahead with its expansion plans while many retailers are reeling from the coronavirus crisis.

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