Hints and tips:
...The group has also appointed its first external chief executive of the brand, Gianfranco D’Attis....
...Additional reporting by Adrienne Klasa and Sam Agini...
Proposal that values MultiChoice at $2.5bn aims to build rival to Netflix in world’s fastest-growing streaming market
...“In the UK you’d get this polarisation — half the people say if it’s not from Scotland it’s not whisky, and the other half say if it’s not Irish, it’s not whiskey.” There were also risks, he added....
...“I think something that I should have explained better at earnings was that almost all of the increase in investment in R&D is in D. Because that’s where the action is for us....
...The company on Friday said it planned to invest close to €7bn on R&D this year, up from about €5.5bn in 2020....
...However, a cut to earnings forecasts because of the increased R&D budget caused shares to fall almost 20 per cent in one day, and they have remained in that range....
...Ludacris launched Conjure Cognac in 2009 and Jay-Z launched D’Ussé in 2012....
...“In certain schools in Val-d’Oise [a department north-west of Sarcelles], out of 600 students, not even 60 showed up,” said Taieb, who leads a 40,000-strong Jewish community in the region....
...In total, the group will now produce almost 6mn b/d less than it could in the first quarter of 2024....
...Additional reporting by Adrienne Klasa An earlier version of this story incorrectly stated that Kerring owned Loro Piana....
...leila.abboud@ft.com, adrienne.klasa@ft.com...
...US National Security Council spokesperson Adrienne Watson said at the weekend: “This is the cost of congressional inaction....
...“I’d rather have a plate of less, but where each one is generous. That feels really sumptuous and luxurious,” says Eagle....
...Additional reporting by Adrienne Klasa in Paris Florasis has clarified that its R&D spend is Rmb1bn, not Rmb 10bn as originally stated...
...We have to defend our republic,” said Modicom Gaetane, 48, a hospital worker who took part in the marches near Place d’Italie....
...“I’d like to be able to say that we simply need vignerons, or couturiers, or IT specialists, but it’s very well spread [across all LVMH’s functions],” said Chantal Gaemperle, the group’s global head of HR...
...To find out more, I’m joined by our Paris correspondent, Adrienne Klasa. Hey, Adrienne. Adrienne KlasaHi, Marc. Marc FilippinoSo what’s going on in China when it comes to luxury goods?...
...Adrienne Klasa is the FT’s Paris correspondent Follow @FTMag on Twitter to find out about our latest stories first...
...“We don’t want to be, and we’re not expected to be a waterfront concept . . . and we’d gotten away from that a little bit,” he told the Financial Times....
...“If you look at the formation of businesses in asset management, one may have thought that we’d have fewer firms that were independent today,” Horgen said....
...Another insider cautioned against dithering: “Hand on heart, if someone said would you sell M&G at the price it is today, I’d say yes because it will probably be worth less in a year or two.”...
...In another life, I would have been a Madam in some bar in the old west; I’d technically be running a “business” and I’d also get to drink whiskey....
...Liz Lambert, hotelier and designerThe Dream of a Common Language by Adrienne Rich This was lovely to return to after so many years studying poetry and creative writing in college....
...When I started at the Financial Times, if you searched for that, you’d find a picture of a money flower from the Bank for International Settlements....
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