H&M Sees Margins Shrink Despite Cheap Cotton

Hennes & Mauritz AB, Europe’s second-largest clothing retailer, reported third-quarter profit that missed analysts’ estimates as a reduction in cotton prices failed to shore up profitability.

Shakeup: Samsung Replaces Mobile-Unit Chief
32:42 - Samsung replaced the executive overseeing its mobile-phone business as the company tries to protect a dwindling sales lead against Apple and Chinese makers. Bloomberg's Jungah Lee reports on "Trending Business." (Source: Bloomberg)
  • China's Challenges: PMI Weakens to Lowest in Three Years
  • What China’s PMI Report Tells Us About the Economy
  • China's 'Old Manufacturing' Suffering: IHS's Jackson