Triwa got Beyoncé and Elton John (and many more) on the hook – but now they’re going out of business

Triwa got Beyoncé and Elton John (and many more) on the hook – but now they’re going out of business

Once upon a time, they were as hot as any startup could be. Their watches have been worn by superstars such as Elton John, Beyonce, Lady Gaga and Princess Madeleine. Just to name a few. Triwa was big several years before Daniel Wellington had taken over the watch world and was already founded in 2007 … Read more

Savelend’s founder Ludwig Pettersson has passed away

Savelend’s founder Ludwig Pettersson has passed away

Savelend’s founder and former CEO Ludwig Pettersson has passed away. The company says so in a press release. “It is with immense sadness and consternation that we have received the news of Ludwig’s passing. Our thoughts go out to Ludwig’s family and close relatives,” says Bo Engström, chairman of the board of Savelend Group. “You … Read more

The Klarna co-founder is worth billions – in dispute with neighbor over 200,000

The Klarna co-founder is worth billions – in dispute with neighbor over 200,000

Klarna co-founder Victor Jacobsson – worth around 30 billion – is in a dispute with former neighbors on Södermalm. In one case, the fight is about SEK 200,000, reports say The Express. The background to the conflict is the renovation work worth between SEK 15 and 20 million that Victor Jacobsson and his wife did … Read more

Cake goes bankrupt – “Unreal, sad, painful”

Cake goes bankrupt – “Unreal, sad, painful”

In recent months, the electric vehicle manufacturer Cake has struggled to bring in new millions in what founder and CEO Stefan Ytterborn called a “bridging round”, an intended financing that would be enough for a larger issue later in the year. But it won’t be like that. Now the automotive company’s board is submitting a … Read more

Helena Helmersson resigns as CEO at H&M – Daniel Ervér takes over

Helena Helmersson resigns as CEO at H&M – Daniel Ervér takes over

In connection with the clothing giant H&M submitting its quarterly report on Thursday morning, they come with an unexpected announcement. Helena Helmersson leaves as president and CEO and Daniel Ervér leaves. “We on the board would like to extend a big thank you to Helena for her valuable efforts during a very intense time,” says … Read more

Polestar notifies 15 percent of staff

Polestar notifies 15 percent of staff

The electric car manufacturer Polestar is notifying 250 employees in Gothenburg, reports GP. Staff were informed at 2pm on Friday afternoon. In total, the workforce at the company is to be reduced by 15 percent at group level, says a spokesperson for the company to the newspaper. The background is that the company’s ambition is … Read more

The Impact of AI on Professions: Graphic Designers and Advertisers Threatened

The Impact of AI on Professions: Graphic Designers and Advertisers Threatened

As artificial intelligence has become smarter and more creative, more and more professions are threatened by the new technology – such as advertisers and designers. SVT News has met Jessica Lynn Nalbach who was one of 25 graphic designers and world builders who were let go from the game company Mindark earlier this year. At … Read more

Trip to New York and visits to the opera in the exclusive Würthary Club: This is how Reinhold Würth rewards retired managers

Trip to New York and visits to the opera in the exclusive Würthary Club: This is how Reinhold Würth rewards retired managers

The billionaire Reinhold Würth in 2022.picture alliance/dpa | Christoph Schmidt Reinhold Würth turned a two-man business into a global corporation and became one of the richest people in the world. The secret of the success of the Würth screw empire: sales. Salespeople have long been rewarded with a bonus system within the company. But retired … Read more

Nanning, Guangxi plans to invest 100 billion yuan in cultural tourism projects to build a national tourism hub city – Tourism – China Industry Network

Nanning, Guangxi plans to invest 100 billion yuan in cultural tourism projects to build a national tourism hub city – Tourism – China Industry Network

Original title: Nanning, Guangxi plans to invest 100 billion yuan in cultural tourism projects to build a national tourism hub city China News Service, Nanning, November 19th (Reporter Meng Mingming) The 2023 National Entrepreneur Investment Guangxi Cultural Tourism Industry Development Conference was held in Nanning, Guangxi on the 18th. Nanning, which is building a regional … Read more

Minister Stanislas Guerini Proposes Compulsory Annual Negotiations in Public Sector

Minister Stanislas Guerini Proposes Compulsory Annual Negotiations in Public Sector

Minister Stanislas Guerini says he is ready to establish compulsory annual negotiations in the public sector, as exists in the private sector. We must make up for lost time, insist the public service unions. The index point, which determines the salary of civil servants, had not increased for twelve years before being successively revalued in … Read more