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...More to the point, it carries a 40 per cent premium to the fast expanding luxury juggernaut LVMH. That sort of gap is only justified if L’Oréal is a significantly safer bet....
...(It does: Theo had a point when he likened it to “a piece of fabric embroidered with satin and gold”.)...
...This investment in revisiting questions was not to prove any point, but rather to engage the pleasure of conceptual and material ideas he had been tracking for decades....
...Formula E is looking for a new team to join its circuit, testing demand for electric car racing and pitching a far more affordable entry point to motorsport than Formula One at a time when valuations are...
...L’Objet Sumi collection, from £30....
...Wiley bellows his political points; Hendricks purrs of friends and acquaintances....
...A senior BND employee, Carsten L., was arrested last year following an investigation by the BfV on suspicion of spying for the Kremlin. His trial began in December....
...Peers e.l.f. Beauty, Coty and Estée Lauder were lower by 9.7 per cent, 5.1 per cent, and 4 per cent, respectively....
...It described the situation as having reached a “critical point”....
...Shepherdson argues that declining S&L tax revenue augurs poorly for future S&L spending, as this chart shows: It’s a reminder to investors that markets are sensitive to changes, not levels....
...Using national level S&L data back to 1955, we find that changes in revenues over the prior year account for 40% of the variance in S&L consumption and gross investment....
...“It’s a market that at some point will run out,” said Citi’s Baker. “As that whole market matures . . . does [L&G] just become a run-off company?...
...They point to the rise of passive, index-tracking funds, which automatically pour money into the largest stocks....
...“[Beauty is intended] to be an extension of what we try to do with the clothes: honest, straight to the point, with a little twist.” The brand’s unique formulations are a point of distinction....
...But in beauty — which sells at a lower price point — Hieronimus did not anticipate a slowdown. “We remain an affordable indulgence and I don’t see major threats to that,” he said....
...Dear reader, Everyone expects dealmaking to pick up this year — not a high-risk prediction given the collapse in activity in 2023 and the sporadic bouts of euphoria every time some data point or another...
...“Previously, older borrowers may have used [mortgages] for home improvement, travel or to help a younger family member get on the property ladder,” said David Hollingworth, associate director at L&C, a mortgage...
...Solvency reforms should shave another percentage point from the capital ratio. As L&G takes on liabilities, it creates assets to back them. Homebuilding has been a key aspect of Wilson’s tenure....
...From a formulating point of view, Dögg Guðjónsdóttir also points out that biotechnology is not quite at the level where it can do everything — yet....
...The FT’s leader “England’s ill-fated experiment with privatising water” (FT View, July 1) rightly points out that Thames Water privatisation was bungled and has resulted in a first-class mess....
...Its starting point is most dancers’ greatest fear: a grave injury, here to Otero’s back, following years of daredevil performances....
...Though that capital is released into the income statement over time, this process mutes earnings growth from new business, points out RBC Capital Markets....
...Gianluca Cantaro, a Milan-based editor and journalist who has worked for magazines such as L’Uomo Vogue and L’Officiel, says there is still a long way to go....
...L’hôtel de Maisons, however, wasn’t the first choice....
...Kai L Chan Abu Dhabi, UAE...
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