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...The deal gives the company an enterprise value of £207mn, Natura said in a statement, a fraction of the €1bn that Natura paid to acquire the business from L’Oréal in 2017....
...Brazilian cosmetics company Natura has explored offloading most of its Avon brand’s international business, as the group unwinds a series of high-profile acquisitions to focus on its home region....
...“It’s clearly not a silver bullet,” said Frederic de Mariz, head of ESG at UBS in Latin America....
...Dodds said North America was “critically important to all motorsports”, and that Formula E would be open to selling the team to a US manufacturer....
...French beauty company L’Oréal increased sales in the third quarter despite a more muted than expected recovery in China and a fall in travel retail in Asia....
...The crunchy acronym was coined by Goldman Sachs for pharma companies GSK and Roche, Dutch chip company ASML, Switzerland’s Nestlé and Novartis, Danish drugmaker Novo Nordisk, France’s L’Oréal and LVMH, the...
...“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...
...Growth in Europe, L’Oréal’s biggest market, and North America progressed in the mid-teens....
...Entitled Loaf, the work looked like a La-Z-Boy chair (“the symbol of comfort in America”, says Gohar) but was made out of bread (“the ultimate comfort food”)....
...Capital One, known in America for its “What’s in your wallet?” advertising slogan delivered by celebrities such as Samuel L Jackson and Jennifer Garner, is the 12th-biggest US bank by assets....
...Chanel, too, has invested in biotech company Evolved by Nature, which last summer raised $120mn in series-C financing, as well as Arcaea (which also received investment from fragrance manufacturer Givaudan...
...At Bank of America, analyst Justin Post has set a target of $204 per share. Amazon is one of the tech companies that has opted to make significant cuts to its workforce since 2023....
...“We are expecting a similar number of large transactions to close in the second half of the year,” L&G said....
...Natura has now shifted focus to integrating its eponymous brand and Avon in its home region of Latin America....
...It’s one of those hotels that’s almost legendary on America’s West Coast and inexplicably all but unknown overseas. theharborhouseinn.com, from $550 Carmel’s new hotel belles It’s always been one of the...
...Banco Popular Del Peru or Allied Bank Int’l v. Banco Credito Agricola de Cartago is your idea of fun....
...Toiletries too lean classic and come from the Provençal purveyor L’Occitane....
...In what ways might Lyft — America’s second-biggest minicab dispatch company, which since its foundation in 2012 has never broken even — become dramatically more profitable overnight?...
...Overall fees for the mutual fund, which is offered in institutional shares as well as Class I, Class A, Class L, Class C and Class R6 share classes, range from 37 bps to 152 bps....
...is also particularly special and under the purview of David Hawksworth, one of Canada’s most lauded chefs who spent more than a decade in British Michelin-starred kitchens (Le Manoir aux Quat’ Saisons, L’...
...L’Oréal has agreed to buy Australian high-end cosmetics group Aesop from its Brazilian owner, in the largest acquisition for the French company in decades....
...Attention to detail is conspicuous, from the suite amenities, including L’Occitane toiletries, hair tools and Nespresso coffee machines, to the thoughtful service of the staff....
...Brian Bolster, Goldman Sachs’ head of natural resources investment banking in the Americas, is retiring, our Due Diligence colleagues reported yesterday....
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