Hints and tips:
...Tapestry and Capri will both argue that the regulator has basically fabricated a market in its accessible luxury, Lex writes....
...But Gucci’s recent sales slump — blamed on the all-important Asia-Pacific consumer — means the luxury megatrend for investors is no longer, writes Lex....
...In 2022, global stockpiles stood at about 3.8 times annual demand, according to Alexander Pearce at BMO. The main impact of instability in Niger will be to highlight improving fundamentals....
...Now read these Luck of the Irish: Ryanair is Boeing’s second largest customer, but could benefit from the US planemaker’s woes, writes Lex....
...If the sector has any sense, it should be less frantic, writes Lex....
...For both, the annual due diligence and compliance expenses will probably fall well below 1 per cent of this year’s estimated ebitda, believes Alexander Sloane at Barclays....
...Energy bankers Muhammad Laghari and Alexander Burpee will also join Moelis in Houston as managing directors from Guggenheim....
...The debacle prompted chief executive Alexander Friedman to step down, while Haywood was subsequently fired....
...Chief executive Alexander Friedman later stepped down, Haywood was fired, while GAM was fined £9.1mn in 2021 by the UK’s Financial Conduct Authority....
...The Lex team is interested in hearing more from readers. Please tell us what you think higher demand for tanks means for armaments companies in the comments section below...
...Chief executive Alexander Friedman stepped down while Haywood was subsequently fired. In 2021 GAM was fined £9.1mn by the UK’s Financial Conduct Authority for conflicts of interest....
...Creed’s best-selling men’s fragrance Aventus — of which just 100ml costs £295 — takes inspiration from characters such as Alexander the Great and Napoleon Bonaparte....
...Chief executive Alexander Friedman stepped down. Haywood was subsequently fired and in 2021 GAM was hit with a £9.1mn fine by the UK’s Financial Conduct Authority for conflicts of interest....
...That has helped earn board chair Alexander Wynaendts, who is one year into his term, praise for taking steps that at other companies might be considered routine business.A Dutch former insurance executive...
...Belarus dictator Alexander Lukashenko begins a three-day state visit to China....
...Separately, Latham has hired Hogan Lovells’ Alexander “Stefan” Rieger as an M&A and private equity partner in Frankfurt....
...Fighting for talent contributes towards what academic Alexander Pepper calls the ‘Remuneration Committee’s Dilemma’. Recruiters may second-guess competitors’ offers, and persistently overpay....
...But, as the Lex column (for Premium subscribers) points out, Ukraine will be lucky to export just a third of its usual crop this year....
...Abramovich is the largest holder with 29 per cent, followed by chair Alexander Abramov who owns almost 20 per cent....
...It was valued at £410mn in 2020 and has received more than £300mn in investment from Abramovich and his two Russian business partners, Alexander Abramov and Alexander Frolov....
...KKR has appointed Alexander Thams as head of Nordics within its European real estate team, based in Stockholm. He joins from Pictet Alternative Advisors....
...Chief executive Alexander Friedman quit before the end of the year as GAM struggled to stem heavy outflows of client money....
...Retail banks look to be more attractive bets, says the Lex column....
...“[Alexander the Great] just kept going and going until they killed him . . . I’m a little bit like that,” he told the camera in HBO’s new biopic on his life....
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