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...Natura offloaded luxury Australian beauty outfit Aesop to industry rival L’Oréal earlier this year on an enterprise value of $2.5bn....
...Its scale means it can spread R&D spending and overheads over €41bn of turnover....
...Della Valle is confident, however, that Connecticut-based L Catterton will boost Tod’s desirability and allow it to focus on investments in marketing and R&D, he told the Financial Times....
...No global financial crisis putting the foundations of the industry at risk. Their low key M&A strategy also helps. Acquisitions, if they happen at all, are of the small, bolt-on variety....
...As such the buyout does not look too shabby at 20 times this year’s operating profit on S&P Capital IQ estimates. But with more effort management might be able to double these earnings....
...Global demand for plastics, which makes up 50 per cent of petrochemical demand, is expected to nearly double by mid-century, according to S&P Global Commodity Insights....
...The investor group also includes private credit groups Ares Management and HPS, and L Catterton, a private equity group that invested in Equinox in 2017....
...Ebitda tumbled to R$363.6mn from R$1bn in 2021 as margins fell by more than half to 8.3 per cent. All three metrics have fallen another step lower in the first nine months of this year....
...Additional reporting by Adrienne Klasa in Paris Florasis has clarified that its R&D spend is Rmb1bn, not Rmb 10bn as originally stated...
...(Alphaville believes that using L’Oréal as an O is cheating, even if it makes your acronym look nicer.)...
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...Shepherdson argues that declining S&L tax revenue augurs poorly for future S&L spending, as this chart shows: It’s a reminder to investors that markets are sensitive to changes, not levels....
...Using national level S&L data back to 1955, we find that changes in revenues over the prior year account for 40% of the variance in S&L consumption and gross investment....
...A lot of watch industry types have been talking for a while about a squeezed middle....
...Jobs had famously refused to pay dividends or buy back shares despite Apple’s cash balance becoming one of the largest in the tech industry, exasperating shareholders....
...Apple has invested at least $1bn in microLED R&D and even made a push into the actual manufacturing of the cutting-edge display technology....
...The run of economic statistics this week is more of a trickle, starting with the international comparator of service industry purchasing managers’ index (PMI) data....
...Advantech launched a software R&D centre in Pune last October and aims to hire hundreds of software engineers....
...analysis, and even some classic r/WallStreetBets “due diligence”....
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...data compiled by Cruise Industry News, a trade publication....
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...“Demand is surging worldwide across companies, industries and nations.”...
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