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...The Granolas are more diverse than the exclusive tech focus of the Magnificent Seven....
...At €10bn, it would have an enterprise value-to-ebitda multiple far below rivals such as L’Oréal. In the battle for Chinese ecommerce, Alibaba is struggling to knock Temu from the top spot....
...The US tech giants have delivered investors the biggest returns, with shares in AI specialist Nvidia rising nearly 250 per cent this year....
...Earlier this month, L Catterton-backed online beauty products retailer Oddity Tech raised more than $400mn when it listed on the Nasdaq stock exchange....
...The UK had mostly “missed” the post-2000 tech boom, Wilson said, but had some promising start-ups....
...“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...
...“I see less obstacle [to general use] with Gen-AI than all the other technology we’ve been dealing with for decades,” said Barbara Lavernos, deputy chief executive of cosmetics company L’Oreal....
...It would also be the second IPO for one of L Catterton’s portfolio companies in a matter of months, following online beauty retailer Oddity Tech’s listing on the Nasdaq exchange in July....
...Bankers have been hoping a successful deal from a well-known consumer brand such as Birkenstock will provide a further boost to the market after a string of tech listings in September....
...It was the second of L Catterton’s portfolio companies to list in the past few months, following online beauty retailer Oddity Tech’s listing on the Nasdaq exchange in July....
...Not everyone gets great results from retinol or from vitamin C, but we know the majority will. That’s just how it is.”...
...Christie’s total, up 17 per cent on last year, was boosted by 25 Surrealist works, which included the week’s top lot, René Magritte’s late “L’ami intime” (1958), hammering to little fanfare for £29mn (£33.7mn...
...F1 and the sport’s governing body, the Fédération Internationale de l’Automobile (FIA), introduced spending controls in 2021 as teams struggled in the wake of the coronavirus pandemic, which battered their...
...But a number of brands have addressed this problem cleverly, such as The Nue Co Topical-C, which uses the most stable form of vitamin C, L-ascorbic acid, in a powder form, and in an opaque bottle that’s...
...for set of three, matchesfashion.com Lukhanyo Mdingi viscose-mix knitted fringed maxi dress, £1,495, net-a-porter.com Ulla Johnson cotton Freda embroidered shorts, £342, net-a-porter.com Dior raffia C’...
...WPP Open, its AI technology platform, is used by more than 28,000 people in the group and has been adopted by clients including L’Oréal and Nestlé....
...Others found that it spoke like an English tourist in Marbella: “Muchas gracias for your understanding, y I’ll ensure we’re being as crystal-clear como l’eau from now on.”...
...But there are drawbacks to the accelerator and incubator funding models, says Oliver Libby, co-founder of H/L Ventures, which includes H/L Studios and CityRock Venture Partners....
...“We had a lot of good news in recent months, helped by falls in inflation,” said David Hollingworth, associate director at broker L&C Mortgages....
...She opens instead with “La Vie en Rose” followed by “C’est Si Bon”. The menu is a roll-call of classic French dishes....
...BID Art on a Postcard x War Child Art on a Postcard, the charity founded to raise funds for the Hepatitis C Trust, is dedicating its next auction of 4in-by-6in artworks to War Child, which provides aid...
...The US has its “Magnificent Seven” tech stocks, Japan has its “Seven Samurai” and Europe has the “Granolas”: GSK, Roche, ASML, Nestlé, Novartis, Novo Nordisk, L’Oréal, LVMH, AstraZeneca, SAP and Sanofi....
...“F.E.E.L.I.N.G.C.A.L.L.E.D.L.O.V.E” and “Sorted for E’s & Wizz” were ticked off like rites of passage from someone moving from Sheffield outsider to Britpop in-crowd....
...Alterations start from £25, and appointments are advised (though not necessary). kingsroad@rixo.co.uk JS L’Art de l’Aiguille, Paris Hidden away in the quiet Rue Régis, just off St-Germain-des-Prés in the...
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