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...L’Occitane trades at 15 times next year’s earnings; Paris-listed L’Oréal is above 30, according to S&P Capital IQ....
...L’Occitane shares have been halted since April 9, but will begin trading again on Tuesday in Hong Kong. Read more here...
...This is an audio transcript of the Life and Art from FT Weekend podcast episode: ‘L&A — What young wine drinkers want’ Lilah Raptopoulos This is Life and Art from FT Weekend. I’m Lilah Raptopoulos....
...Geiger shelved an earlier plan to delist L’Occitane in September, causing shares to fall....
...Paul L Colby Alexandria, VA, US...
...The chief executive of L’Oréal, the world’s biggest beauty company, has predicted that price increases will slow this year after they helped to propel growth in the global beauty market for the past three...
...If the miss is rare, limited in scope and likely temporary, L’Oréal’s investment narrative should remain untarnished....
...Increases in the volume of products consumers bought contributed 4 per cent to L’Oréal’s 2023 revenue growth, while the rest came from pricing, not vice versa as wrongly stated in an article on February...
...Rapid growth in emerging markets including India, Brazil and Mexico provided a boost, accounting for 15 per cent of L’Oréal’s annual sales, but 30 per cent of its growth....
...L Catterton said in a statement that the “delisting is a precondition to ensure the pursuit of the [Tod’s] future growth programs [sic] and consolidation . . ....
...Transfer Market Natalie Robyn is stepping down as chief executive of the Fédération Internationale de l’Automobile, the governing body for Formula One and other motorsports, after just 18 months....
...None more so than the venerable De L’Europe, which has stood at the confluence of the Amstel river and two canals since 1896 and is just completing a five-year renovation....
...Similarly, there is no conclusive approach to Pope.L’s work, nor did he want to dictate one....
...L Y-M: I think we are not yet there, but it is accumulating....
...French beauty company L’Oreal grew its sales in the third quarter despite a more muted than expected recovery in China....
Circuit hopes to attract high-end carmaker as Formula One valuations soar
...Charles Palmer Auckland, New Zealand...
...Kylie Minogue’s Diesel dress had trompe l’oeil breasts and a trompe l’oeil belly button....
...Before I experienced Barkley L Hendricks’ revelatory retrospective at the Studio Museum in Harlem in 2008, I had never seen more than a couple of his works at a time....
...That would be well below L’Oréal on 20 times and below the 12 times that Coty and L’Occitane trade at. Spain’s largest IPO in years is so far looking good. andrew.whiffin@ft.com...
...Growth was slowest in L’Oréal’s luxury division, which improved 3.2 per cent....
Police claim rare success after shooting key ally of warlord
...Alongside her career as an artist, Derhy, 38, is also the founder of Le Cercle de L’Art, an all-female collective that is rethinking the way artists navigate their careers....
...The luxury shoemaker’s controlling shareholder, Italian entrepreneur Diego Della Valle, has teamed up with LVMH-backed private equity group L Catterton to take Tod’s private....
...Della Valle is confident, however, that Connecticut-based L Catterton will boost Tod’s desirability and allow it to focus on investments in marketing and R&D, he told the Financial Times....
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