Bloomberg A key Apple Inc supplier has begun making components for AirPods in India, marking a significant step in the US tech giant’s push to expand production in the country. The Indian unit of Jabil Inc. has begun shipping AirPods enclosures, or plastic bodies, to China and Vietnam, where the wireless earphones are assembled, people familiar with the matter …

  Bloomberg Hennes & Mauritz AB (H&M) shares fell after the Swedish clothing retailer said severe increases in energy, freight and garment prices nearly wiped out profit in the past quarter. Operating income dropped 87% to 821 billion kronor ($80 million) in the three months through November 2022, H&M said, far off analysts’ estimates. The scale of the decline is …

  Bloomberg Gucci named Sabato De Sarno as creative director at Kering SA’s biggest brand, filling a crucial role in the fashion world after the exit of star designer Alessandro Michele in late 2022. De Sarno will start his new role as soon as he completes all his obligations as fashion director for men and women’s ready-to-wear clothing at Valentino, …