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...by sales, where all four of its biggest brands grew by double digits driven by demand in Europe....
...L Catterton said in a statement that the “delisting is a precondition to ensure the pursuit of the [Tod’s] future growth programs [sic] and consolidation . . ....
...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...
...However, the company would also take into account the potential benefits new teams could bring to grow the wider sport in the form of hospitality and brand recognition....
...Sales at the group, which owns brands such as Garnier and Lancôme, grew 11.1 per cent on a like-for-like basis for a total of €10bn in the quarter ending September 30, coming in just below consensus analyst...
...None more so than the venerable De L’Europe, which has stood at the confluence of the Amstel river and two canals since 1896 and is just completing a five-year renovation....
...“A number of foreign companies didn’t catch up with the trend, but Chinese brands did,” he said. L’Oréal, for example, only started ramping up its marketing on Douyin in 2023....
...L’Objet Sumi collection, from £30....
...The deal with L Catterton has revived speculation among industry insiders and analysts that LVMH could eventually buy Tod’s, adding to its stable of clothing and apparel brands which also include Christian...
...It may well be that L Catterton’s offer squeaks through. Turnarounds are easy to imagine but hard to pull off. Tod’s has attempted one for years. Its brand has lost some cachet, too....
...Sales at the group, which owns brands ranging from Garnier to Lancôme, grew 11.1 per cent on a like-for-like basis in the most recent quarter ending on September 30, reaching €10bn, just below consensus...
...French luxury group Kering’s€3.5bn acquisition of fragrance brand Creed fetched a multiple of about 23 times ebitda, while L’Oréal snapped up Aesop — the minimalist maker of high-end soaps — in a $2.5bn...
...British Sugar is owned by Associated British Foods, which also owns Primark as well as brands ranging from Twinings to Patak’s....
...Beauty groups L’Oréal and Shiseido have long made waves with their splashy acquisitions, but their little-known Spanish peer Puig has also got in on the act by pitching itself to brand founders as a “flexible...
...The New York-based designer is collaborating with the Italian heritage brand on a collection of bed and bath accessories, which will launch this month at Milan Design Week....
...Asked how APC’s relationship with L Catterton is developing, Touitou describes it as “fruitful”....
...L’Appartement is the home of Florence Cools and her husband when they’re in Paris – and the showcase of her Antwerp brand, La Collection....
...This 1970s brand needs a millennial-friendly makeover....
...Puig is small compared with sector-leading peers L’Oréal and Estée Lauder, but has grown rapidly through acquisitions in the past decade, striking 11 deals in the past 12 years....
...The Fédération de l’industrie Horlogère Suisse has released its export report for March 2024 and . . . hoo, boy....
...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....
...The likes of Nestlé, Unilever, Lindt and L’Oreal sport an average return on capital employed of about 15-20 per cent, says Bruno Monteyne at Bernstein. PepsiCo’s is 14 per cent....
...and the hair brand Olaplex)....
...Hieronimus, a L’Oreal lifer who was appointed chief in 2021, insisted L’Oreal would maintain financial discipline, “When there’s an opportunity, we look at it [but] we are very disciplined in how much we...
...As for the broader out-of-favour thematic ETFs, one casualty, in Europe at least, appears to be market leader BlackRock’s iShares brand....
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