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...JDE Peet’s raised €2.25bn in May 2020 from a listing of its shares in Amsterdam at a price of €31.50....
...The chief executive of L’Oréal, the world’s biggest beauty company, has predicted that price increases will slow this year after they helped to propel growth in the global beauty market for the past three...
...Chart of the day Oil prices dropped sharply yesterday as Saudi Arabia’s decision to cut its official selling price for oil exports in February overshadowed heightened tensions in the Middle East....
...The company’s shares have gained 18 per cent in the weeks since its stronger results were announced for a market value of €1.16bn, but remain below the takeover price offered by the Della Valle’s last year...
...At €43 per share, L Catterton is offering a 17.6 per cent premium to Tod’s closing price on Friday. Though hardly a knockout, the shares have had a strong run recently....
...With British Sugar as the only rival to T&L Sugars if the deal goes through, CMA said that supermarkets might be forced into paying more for packed sugar, and the price rises could then be passed on to consumers...
...Hence the decline in Douglas’s share price. Shares in US-listed Ulta and e.l.f. have also suffered. Despite this, Puig’s mooted valuation looks achievable....
...At around €43 per share, the stock is about 9 per cent below its IPO price in 2000....
...“You don’t want to share prices online and, usually, people looking at the post are not buyers, they’re simply curious. There’s no impetus to buy.”...
...Big share price moves in Europe today include French gaming company Ubisoft, German medical technology company Carl Zeiss Meditec, and French cosmetics giant L’Oréal....
...Peers e.l.f. Beauty, Coty and Estée Lauder were lower by 9.7 per cent, 5.1 per cent, and 4 per cent, respectively....
...The company said its prices are justified by its high packing costs and its Rmb1bn investment into research and development....
...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 Fédération de l’industrie Horlogère Suisse has released its export report for March 2024 and . . . hoo, boy....
...UK housing: The Royal Institute of Chartered Surveyors publishes its House Price Survey as the sector weathers a downturn caused by high mortgage rates squeezing first-time buyers....
...Deals for beauty companies that cater to higher-spending consumers fetched substantial price tags last year despite the more subdued global dealmaking environment....
...What distinguishes it from other luxury products, and what may shield it in a pullback in spending, is price....
...TotalEnergies replaced Christophe de Margerie in a couple of days after his death in an air crash. Patrick Pouyanné, his replacement, remains in charge nine years on....
...Once upon a time, Beaune premier cru Grèves could sell for a similar price to a renowned Chambertin-Clos de Bèze. But its fall from the upper echelons of Burgundian wine has been profound....
...Over the same period, post-crisis regulation and a decline in oil prices from their 2008 peak knocked the banks and energy groups that form a large part of European bourses....
...Website; Directions— Christina Ohly Evans, US correspondent, HTSI Essential by Christophe 103 West 77th Street, New York, NY 10024 Essential by Christophe may sound like a 1990s eau de cologne, but it...
...Cosmetics groups including L’Oreal have driven prices up for a small number of prime acquisition targets....
...The Federation Internationale de l’Automobile (FIA), which governs motorsport, has agreed to let Michael Andretti add a team to the grid....
...Delcourt Collection and Textiles Catch the latest pieces from French designer Christophe Delcourt and his team at his showroom on Rue de Babylone....
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