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...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....
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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....
...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...
...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....
...The charts below, from Jefferies, are a little old but show the trend: The strategy’s now exhausted but digging a new mine takes a long time, is very expensive, and annoys a lot of people....
...This gives performances a remarkable intimacy and lends urgency and tension to a piece like Birdy that might struggle to register with the longer sightlines of a conventional venue....
...This was a reference to the historic restriction of stock exchange members to 1,399, a number set by the Corporation of London....
...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 . . ....
...She is driven to a prison on the outskirts of the western Chinese city. She is taken inside a room where she is shown, via a screen, her 57-year-old daughter, the Uyghur anthropologist Rahile Dawut....
...book called How to Make a Bomb offers a substantial clue to where he’s heading....
...My advice to my children is to look at a career from a sector point of view rather than (in my day) from a discipline, ie lawyer, accountant, train driver or astronaut....
...Nonetheless, Melting Point is a captivating exploration of identity and a search for belonging, a quest that reverberates into the present....
From Dora Henry, Stratford-upon-Avon, Warwickshire, UK
...this really isn’t a spoiler — to a grand unravelling....
...It takes a certain personality to use a pick-axe to break the ice....
...Pret A Manger has appointed Konrad Meyer, a partner at JAB, as chair....
...Read a transcript of this episode on FT.com...
...When a company is sold there tends to be a standard playbook: There’s some tough negotiations. Then, the buyer gets a business and the seller gets a check. Everyone’s happy....
...But becoming the custodian of a patch of soil in inner-city London has changed me in many ways, including becoming a man with a plan....
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...It was surprisingly easy to confuse a fine Grüner with a fine Chardonnay....
...So a lot of politicians saw this as a great success. But in other cases it hasn’t worked as well....
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...company Things would be a lot clearer, the Panel argues, if a corporate residency and a UK listing were all that mattered....
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