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...The likes of Nestlé, Unilever, Lindt and L’Oreal sport an average return on capital employed of about 15-20 per cent, says Bruno Monteyne at Bernstein. PepsiCo’s is 14 per cent....
...Trueman, a former manager at cosmetics group L’Oréal, is clear that there is a strong commercial logic, too. “We are absolutely a for-profit business,” she stresses....
...Constructed in 1827 in an L-shape, connecting the city centre thoroughfares of Buchanan Street and Argyle Street, its hammerbeam roof is more reminiscent of a baronial castle than a shopping mall....
...Commended: Khushaal Ved Morrison Foerster O: 6; L: 7; I: 6; Total: 19The firm has established a secondment programme, piloted in the Asia-Pacific region, that allows its lawyers to secure placements in...
...Arm’s IPO unleashed a fee bonanza for more than just bankers, earning professional services advisers including Deloitte and law firm Morrison & Foerster a collective $84mn....
...Morrison Foerster O: 7; L: 7; I: 7; Total: 21Staff can earn credits towards meeting their billable hour targets when supporting diversity and inclusion initiatives....
...Morrison FoersterO: 7; L: 8; I: 8; Total: 23The firm was retained by Ukraine’s presidential office to provide advice to US and other governments on imposing sanctions against Russia....
...The recent talks signal Labour’s embrace of private equity’s increasing presence in the UK, from Clayton, Dubilier & Rice’s £10bn takeover of grocer Wm Morrison to the mega-buyout of Asda to US financier...
...Rivoli show, which opens on 3 November, is especially significant for Eliasson because he has had a longstanding and valued relationship with its director Carolyn Christov-Bakargiev and its chief curator Marcella...
...The government’s lawyers raised Djokovic’s admission that he had attended an interview with French newspaper L’Equipe last month after testing positive for Covid-19 as an example of his apparent disregard...
...Budd London cotton Marcella dress shirt, £235....
...Finally, or rather at last, Wm Morrison shareholders will vote on Tuesday on the takeover offer by Clayton, Dubilier & Rice. The company needs 75 per cent support for the CD&R deal to go through....
...Meanwhile, Australian prime minister Scott Morrison, whose Liberal party is trailing in the polls during an election year, opted to go on the offensive....
...Two new restaurants, L’Asiatique and L’Italien are overseen by Jean-Georges Vongerichten, the French chef who relocated to New York in the mid-1980s and now runs restaurants from Sao Paulo to Shanghai....
...He introduced me to Jasper Morrison’s amazing collection of tables and chairs of solid Portuguese cork....
...L.E.K....
...Then Italy’s Etro family sold a majority stake in their fashion house for €500m to the LVMH-backed private equity firm L Catterton....
...However, the outlook is uncertain, rising one-offs make P&L valuations less relevant and cash conversion is declining. In addition, top management changes add another layer of complexity....
...£5.50 (usually £6.25) for 37.5cl Morrisons Don Luis Fino del Puerto 16.5% A Waitrose exclusive from Lustau. Much firmer and nuttier on the nose than the average Fino. Stronger, too....
...Quite a lot of the product delivered that’s not own-brand seems to be from companies THG names as customers of the retail shopfront bit, THG Ingenuity: names like Revolution Beauty, Elemis / L'Occitane and...
...Even companies that had agreed a deal before the crisis are now trying to find ways to walk away (China’s Anbang and Victoria’s Secret owner L Brands know something about this)....
...French cosmetics group L’Oréal has also pledged to pay its small and medium-sized suppliers faster....
...That water has been used to great effect at one of my favourite hotels in Morocco, L’Ma Lodge, in the centre of the palm grove....
...Sycamore and L Brands, the lingerie company’s parent, mutually decided to terminate the agreement....
...V, U, or L? The nature of Covid-19 growth impact means that some elements – e.g., production resumption, inventory restocking, and travel normalisation – would lend a natural rebound to growth....
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