H&M Stock Surges; AJ Produkter Prioritizes Sustainability with Spare Parts

H&M's stock price has surged following a strong quarterly report, according to Dagens Industri. The clothing retailer's shares have increased by 30 percent since a Handelsbanken analyst issued a "buy" recommendation earlier this summer. In a separate report focusing on corporate sustainability, Dagens Industri highlighted AJ Produkter's initiative to reduce waste by improving access to spare parts. The company is addressing the widespread issue of furniture disposal due to single broken components, a significant contributor to Europe's annual furniture waste, which amounts to millions of tons. AJ Produkter has significantly expanded its spare parts inventory to nearly 4,000 components and continues to add hundreds of new parts each year. Described by the company as "decisive" for extending product lifecycles, this initiative incorporates spare parts availability into the product development process. Customers can now order individual replacement parts, such as desktops or office chair gas cylinders, while common wear-and-tear items like batteries and wheels are readily available on the company’s website.