Finimize - 👗 Clothing giant’s H&M-fisted results

Porsche IPO is Europe’s biggest in a decade | H&M posts disappointing results |

Hi Reader, here's what you need to know for September 30th in 3:11 minutes.

😎 In this market, you’re going to want to get your hands on a Modern Investor Toolkit – and that’s exactly why we’ve decided to give one away for free. Be one of the first 500 to sign up for a free Summit ticket before midnight on Sunday, and you could get your hands on this generous giveaway. Keep reading to find out more.

Today's big stories

  1. Porsche burst onto the scene with a long-awaited trading debut
  2. Find your investment footing when everything seems to be sliding – Read Now
  3. H&M, the world’s second-biggest clothing retailer, reported plunging profits

Porsche Drives A Stock Shift

Porsche Drives A Stock Shift

What’s Going On Here?

Porsche made its hotly anticipated trading debut on Thursday.

What Does This Mean?

As motorists everywhere know, a Porsche can turn heads like nothing else – a principle that also seems to hold true for shares. With stocks in a never-ending slump, and initial public offerings (IPOs) in Europe raising paltry sums that recall the dark days of ‘09, it looks like a bad time for new stock market listings. But not if you’re Porsche. When Volkswagen listed a 12.5% stake in the sports car company on Thursday, investors didn’t hold back: demand was so strong that shares hit the top of the initial pricing range, helping the company raise over $9 billion and valuing Porsche at around $73 billion. That marks the single biggest IPO in Europe in a decade – good news for Volkswagen, which plans to re-invest the funds as part of its lofty electric vehicle push.

Why Should I Care?

For markets: Not the prince of pop.
Porsche’s shares rose by 3% when trading started – bucking the trend of Germany’s DAX (a key German stock index), which fell on Thursday. But some analysts were disappointed they didn’t rise more, with the coveted “pop” that’s characterized many high-profile listings in recent years. It could be that even Porsche can only shine so brightly against the current dim economic backdrop.

The bigger picture: Porsche outshines its own parent.
This listing gives Porsche a valuation close to that of its own parent company, which is made up of Audi, Skoda, Seat, and the VW brand itself, among others. That may sound strange – but it makes sense given that Porsche’s electrification progress is miles ahead of the other brands’. (Its first foray into electric sports cars is already outselling its flagship 911.) Add its healthier profit margins and legions of die-hard fans to the mix, and suddenly Porsche’s unique valuation starts to seem more sensible.

Copy to share story:

🙋 Ask a question

Analyst Take

How To Invest When Everything Looks Ready To Fall

How To Invest When Everything Looks Ready To Fall
Photo of Stéphane Renevier

Stéphane Renevier, Analyst

When there’s this much red flashing in the markets, part of you may think it’s best to stay away at all costs.

But the other part has got to be thinking: there are assets here that my future self will thank me for buying today.

There probably are. If you’ve got a long-term horizon and money to invest, you should scrutinize every price fall as a possible opportunity.

That’s today’s Insight: how to invest when the market is mostly flashing red.

Read or listen to the Insight here

Win Our Summit Giveaway 😎

In this market, we think you’re going to want to strap on a Modern Investor Toolkit – that’s why we’re giving one away for free.

Be one of the first 500 to sign up for a free summit ticket between today and midnight Sunday. You’ll have the chance to win this giveaway to help you become a successful investor in 2023. The Modern Investor Toolkit includes:

  • 💸 Lifetime Finimize Subscription
  • 🎧 A pair of AirPods Pro
  • ☕️ A personal 30-minute session with a Finimize analyst to ask all of your investing questions
  • 📚 Book: ‘The Most Important Thing’ by Howard Marks
  • 📕 Book: ‘The Intelligent Investor’ by Benjamin Graham


To enter, register for a virtual or physical summit ticket before midnight on Sunday, October 2nd.

And if you don’t win, hey ho 💁‍♀️ you’ll still get the chance to hear from our incredible line-up including the CEOs of Ellevest, eToro, General Atlantic and experts like Anthony ‘Pomp’ Pompliano who’ll help you navigate the turbulent markets ahead.

So what are you waiting for – grab your free summit ticket now!

Get Your Free Ticket

H&M’s Losing Its Shirt

H&M’s Losing Its Shirt

What’s Going On Here?

Fashion retailer H&M reported falling profits on Thursday.

What Does This Mean?

When Inditex reported bumper revenue and profit growth earlier this month, H&M probably suffered an attack of the green-eyed monster. See, the Swedish firm has been setting ambitious targets lately – like its plan to double sales by 2030 – and to hit them, it was going to need stellar results like those Inditex posted. Alas, no dice: last quarter H&M, the world’s second-biggest retailer, reported falling sales and a seriously underwhelming pre-tax profit. And that’s not because people have stopped wearing clothes: the likely culprits are H&M’s wind-down of business in Russia – that alone caused half the drop in profits – and the fact the company’s taking higher costs on the chin, raising its prices less than many competitors have.

Why Should I Care?

For markets: H&M’s going ham.
Unsurprisingly H&M’s stock fell after the news broke, meaning its shares are down 43% this year and underperforming arch rival Inditex by close to 20%. Now, the firm’s going to want to make up that lost ground as soon as possible, which might explain why it plans to cut costs by $180 million a year going forward. And there have been some other good omens: demand improved as the quarter drew to a close, and its fall collection – yes, sweater weather already – has seen sales grow healthily so far this month.

The bigger picture: Things could change.
The fact H&M’s been swallowing increased costs and keeping price hikes lower for customers could pay off in the long term. See, H&M does most of its business in Europe – and data out on Thursday showed economic confidence in the region has fallen to its lowest since 2020 this month (tweet this). So, with record inflation, currency upheavals, and the prospect of a cold, expensive winter spooking many Europeans, H&M’s cut-price strategy could still turn out to be a success.

Copy to share story:

🙋 Ask a question

💬 Quote of the day

“Love much. Earth has enough of bitter in it.”

– Harold Bloom (an American literary critic)
Tweet this
🤔 Q&A · RE: When Russia Acts, The Euro Falls

Q: “Why is the USD appreciating so much when US bonds are falling in value?”

– Nicolas from Singapore

A: “Hey, Nicolas! So, the main reason the US dollar has been appreciating so much is that the Federal Reserve has increased interest rates more aggressively than other central banks. And since higher rates make a currency more attractive, international investors have piled into the dollar and sent it surging relative to other currencies. At the same time, those higher rates make existing bonds less attractive – prompting investors to sell them and causing their prices to fall. What’s more, the Federal Reserve has been reducing its holdings of the bonds it’s accumulated over the years, which pushes their prices down even more.” 


🙋 Ask a question

Your brand could represent the new investing era

The second Finimize Modern Investor Summit will celebrate the new era of investing.

So if your brand or product is helping to create the next generation of investing opportunities, our summit is the ideal place to showcase your potential.

Feature your product during speaker slots, fireside chats, and expert Q&A panels, and you’ll be able to directly engage with an engaged audience and demonstrate your brand’s true power.

Thousands of retail investors attended the Modern Investor Summit last year, so don’t miss your chance to get your product in front of our community this December.

Put your brand in the spotlight.

Find Out More

🎯 On Our Radar

  1. Master your métier. Become an expert, whatever your field.
  2. Buying a home just got easier. Well, at least if you’re an investor.*
  3. Hiphop’s joyous, creative, and fun. But asking it for politics might be a step too far.
  4. Summer’s well over. But the season’s overhyped anyway.
  5. Dinner parties can be fraught. Here’s how you’re annoying the host.

When you support our sponsors, you support us. Thanks for that.

🌍 Finimize Live

🎉 Coming Up Soon…

All events in UK time.

🕵️‍♀️ How The Pros Navigate Stock Market Volatility: 5pm, October 6th
🏡 The Pathway To Property Investing In 2022: 12pm, October 11th
📈 How To Invest Like Warren Buffett: 6pm, October 12th
🙋‍♀️ Ladies Investing Club Meetup: 6.30pm, October 12th (in-person)
💸 How To Understand The True Value Of Crypto: 6pm, October 17th
💻 How To Invest In Tech Stocks During A Recession: 5pm, October 18th
🎧 How To Invest In Music NFTs: 6pm, October 24th
🏆 How To Spot Investment Opportunities In Gold: 12pm, October 27th
🚀 Modern Investor Summit: 12pm, December 6th-7th

❤️ Share with a friendYour Referrals: 0

Thanks for reading Reader. If you liked today's brief, we'd love for you to share it with a friend.

Share your unique link:

You stay classy, Reader 😉

We’d love to hear your thoughts. Give feedback

Want to advertise with us too? Get in touch

Image Credits:

Image credits: TLpixs - Shutterstock | Apple emoji


Update your email or change preferences

View in browser

Unsubscribe from all Finimize Emails


Crafted by Finimize Ltd. | Bow Bells House, Bread Street, London, EC4M 9HH

All content provided by Finimize Ltd. is for informational and educational purposes only and is not meant to represent trade or investment recommendations. You signed up to this mailing list at or through one of our partners. © Finimize 2021

View Online

Older messages

🧱 Let’s go, Lego!

Wednesday, September 28, 2022

Lego announced double-digit sales growth | BOE stepped in to rescue British markets | TOGETHER WITH Hi Reader, here's what you need to know for September 29th in 3:07 minutes. 🙋‍♀️ Are you in your

🤝 The dying art of dealmaking

Tuesday, September 27, 2022

China's growth is lagging behind its neighbors | Dealmaking has plunged since July | TOGETHER WITH Hi Reader, here's what you need to know for September 28th in 3:09 minutes. 🌍 A future free of

💋 The IMF’s kiss of debt

Monday, September 26, 2022

The IMF's lending more than ever before | The pound plunged against the dollar | TOGETHER WITH Hi Reader, here's what you need to know for September 27th in 3:03 minutes. 🇺🇸 It's true,

⛵️ Smooth sailing for Costco

Sunday, September 25, 2022

Costco sales are up 15% | The UK's mini-budget drastically cuts taxes | Finimize Hi Reader, here's what you need to know for September 26th in 3:11 minutes. 🧖‍♀️ Self care doesn't stop at

🥶 Brits get a hike and a recession

Thursday, September 22, 2022

Bank of England hikes rates and acknowledges recession | US and allies try to outstrip Chinese tech | TOGETHER WITH Hi Reader, here's what you need to know for September 23rd in 3:07 minutes. 👻

FinTech Weekly Issue #393 - Business Partnerships & Inclusivity

Thursday, December 8, 2022

Issue #393 - Business Partnerships & Inclusivity 2022-12-08 The past week was full of news in the fintech sector. New partnerships, new services, emerging markets and higher investments can make

🇨🇳 Here’s why China pivoted

Wednesday, December 7, 2022

China finally relaxed its Covid restrictions | Vale is breaking out its base metals business | TOGETHER WITH Hi Reader, here's what you need to know for December 8th in 3:03 minutes. 💸 Beyoncé x

Upending elections

Wednesday, December 7, 2022

Bloomberg Evening Briefing View in browser Bloomberg The US Supreme Court appeared split during oral arguments over a case that could fundamentally alter federal elections. The case, Moore v Harper,

Take two, with fixed links: ⛅ What About 2022 Was Hopeful?

Wednesday, December 7, 2022

Plus, a new case for reparations, WTF FTX, & a reminder to put a little respect on your cal. ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌

Portfolio Not Doing So Well? Maybe Take Social Security Instead

Wednesday, December 7, 2022

Also: Stocks Often Rally in December — Here's What Investors Can Expect Now ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌

Issue #172: What’s on your Christmas list?

Wednesday, December 7, 2022

plus Janet Yellen + all-you-can-eat popcorn ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌

A major controversy at MLB

Wednesday, December 7, 2022

Plus: Remote work is gutting cities' downtowns, and Musk defends bedrooms at Twitter. View in browser Subscribe Only fascinating stories Nicholas Carlson, December 7, 2022 Hello, Insiders. The year

Wall Street: PE wants to talk cash flow

Wednesday, December 7, 2022

The latest in finance. View in browser INSIDER INSIDER Subscribe 10 THINGS ON WALL STREET Happy hump day. Dan DeFrancesco checking in from NYC. We're onto the quarterfinals of the World Cup, and

Preemptive firings

Wednesday, December 7, 2022

Bloomberg Evening Briefing View in browser Bloomberg Wall Street workers are bracing for a potential flood of preemptive firings at Morgan Stanley and Goldman Sachs, all tied to a US economic downturn

🌞 Solar’s looking sunny

Tuesday, December 6, 2022

Solar energy could be poised for a boom | Inflation forced shoppers to spend big | TOGETHER WITH Hi Reader, here's what you need to know for December 7th in 3:08 minutes. 👌 Don't fret if you