MADRID (Reuters) -Fashion brand Zara owner Inditex has outpaced Swedish rival H&M in its efforts to bounce back from the coronavirus crisis, with second-quarter sales rising above pre-pandemic levels. | Video
STOCKHOLM (Reuters) -Sales at fashion retailer H&M grew less than expected in the three months to the end of August, staying below pre-pandemic levels as restrictions kept shoppers away from stores.
STOCKHOLM/MADRID When the world's two biggest fashion groups unveil quarterly sales figures on Wednesday, No.1 Inditex is seen back at pre-pandemic levels as stores reopen and people long to renew their wardrobe, while H&M still has some way to go.
* Airline reports $157 million quarterly loss
(Adds CEO comment)
STOCKHOLM IKEA, the world's biggest furniture brand, is branching out into selling renewable energy to households, starting with home market Sweden in September. | Video
(This Aug 10 story was corrected to change 1.5 million from billion in last paragraph)
STOCKHOLM (Reuters) -Sweden's Skanska on Friday reported a jump in second-quarter profit as building activity rebounds, boosting its shares despite warning of rising pressure on its supply chain.
STOCKHOLM (Reuters) -Europe's biggest home appliances maker, Electrolux, reported earnings above pre-pandemic levels on Tuesday but saw its shares slump 9% after it warned of worsening component supply problems in coming months.
STOCKHOLM Sweden's Assa Abloy, the world's biggest lockmaker, beat expectations with a 71% jump in second-quarter operating profit on Monday, saying demand picked up in many of its markets even as travel-related sectors, such as hotels, still lagged.