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...That would be well below L’Oréal on 20 times and below the 12 times that Coty and L’Occitane trade at. Spain’s largest IPO in years is so far looking good. andrew.whiffin@ft.com...
...LVMH-owned Sephora recently released a blockbuster set of annual results and said it had the potential to reach €20bn in sales, while L’Oréal reported a 7.6 per cent rise in sales last year to more than...
...The deal is the latest in a string of mooted transactions in the beauty sector after private equity-owned German beauty retailer Douglas announced earlier this month plans to list in Frankfurt....
...“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....
...Having started life as a joint venture between Nestlé and L’Oréal, Galderma was acquired by a consortium led by Swedish private equity group EQT in a $10bn deal in 2019....
...The bombers flew from the US “in a single nonstop flight”, said Lieutenant General Douglas Sims, director for operations for the US Joint Chiefs of Staff....
...“We made these strikes tonight with an idea that there would likely be casualties associated with people inside those facilities,” said Lieutenant General Douglas Sims, director for operations for the US...
...Shares in German beauty retailer Douglas fell as much as 9 per cent in their Frankfurt debut last month....
...Links (all FT links get you past the paywall): – Fourteen Days, edited by Margaret Atwood and Douglas Preston, is out now where books are sold....
...Yes, it is a liberty, but it is one that lends the work potency and passion, and, as a programme note from historian Ashley Douglas observes, is not entirely without precedent....
...“The market is clearly saying, ‘we are worried about balance-sheet risk’,” said Andrew Baker, an equity analyst at Citi....
...“I know how much poorer this city would be without Bet365,” added David Webster, chief executive of Stoke’s Douglas Macmillan Hospice, another beneficiary of funding from the Denise Coates Foundation....
...Douglas Ross, leader of the Scottish Conservatives, branded the move a “step in the wrong direction”, while Andrew Bowie, a junior energy minister and MP for West Aberdeenshire and Kincardine, said the decision...
...APRIL Caledonian Road by Andrew O’Hagan (Faber)O’Hagan’s take on the era of #MeToo portrays a high-flying art historian whose glittering life comes crashing down, which is played out in front of a bustling...
...and co-founder of Vivek Ramaswamy’s ESG-bashing investment group Strive on stage with sustainable investing heretic Tariq Fancy, the director of ESG engagement at credit firm DSC Meridian Capital, and an L...
...His letter to Douglas is a calm and chaotic, passionate and painful paean to forbidden love....
...In a cinema history filled with femmes fatales, Rock Hudson may be the great, enduring homme fatale: the still centre of screen whirlpools, some of them still stupendous (especially if directed by Douglas...
...“We are continuing to see an unprecedented acceleration in demand in this sector, driven by more pension schemes being closer to buyout than ever before,” said Andrew Kail, chief executive of L&G’s institutional...
...“Anything I could say about Andrew Gilligan would be unprintable,” said one former HS2 executive....
...Sikkim Rebecca Stephens, the first British woman to climb Everest (and a former FT staffer), is returning to the Himalayas to lead a trek in memory of the pioneering mountaineers George Mallory and Andrew...
...However Andrew Douglas, representing the UK government’s task force, said a move depended on how fast the EU moved. “You can co-operate without necessarily being aligned....
...Chaumet gold and diamond L’Épi de Blé de Chaumet ring, £10,200. Saskia Diez sterling-silver Long Star earring, €105 for a pair Paul Smith silk shirt, £425, and matching silk tie, £110....
...Andrew Kail, chief executive of L&G’s institutional retirement division, said the market had reached an “inflection point” and the insurer “had been busy gearing up for increasing demand”....
...Child did live in Paris in the 1950s, but on rue de l’Université in the 7th arrondissement, nowhere near Porte des Lilas....
...More than 80 per cent of US retailers had an increase in losses last year, according to Jack L Hayes International, a “loss prevention” consultancy....
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