Business|Interview Member
Elisa Johnson on building an eyewear brand, independence and earning her father Magic Johnson's investment
Elisa Johnson launched her eyewear label in May 2021, after selling some of her own handbags to pay for the first samples and pitching her father, American businessman and former basketball player Earvin "Magic" Johnson, for the investment that got it off the ground. Five years on, the brand sells through Saks, Neiman Marcus, Nordstrom and Kith...
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BusinessMember
Hennes & Mauritz surprises with significant profit increase in third quarter
Swedish apparel group Hennes & Mauritz AB (H&M) posted a surprisingly strong profit increase in the third quarter of its 2025/26 financial year. Sales, however, remained virtually flat compared to the same period last year. This was revealed in an interim report published on Thursday by the parent company of brands including H&M, Cos, Weekday, &...
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