Hints and tips:
...Last week, Avon International announced a leadership change that would see chief executive Angela Cretu step down, to be replaced by chief marketing officer Kristof Neirynck at the start of next year....
...It has five big divisions (home care, personal care, beauty and wellness, nutrition, and ice cream) each responsible for its overall P&L....
...Read on for why boards and executives need to oversee corporate culture as well as the P&L, and in Office Therapy I advise a worker without children doing a lot of extra cover for the mothers on her team...
...Now the waterfront — which forms part of Liverpool Waters, Peel L&P’s £5bn, 30-year project to transform the city’s northern docks — is taking on a new life itself....
...at S&P Global Commodity Insights....
...In “The P.S. Wings in the O.P....
...like Lancôme and L’Oréal Paris....
...Anyway, here are names and links — we’ll let you make your own mind up: Liquid 2 Venture Fund III L.P . . . . Lake Nona Fund / LN Sports & Health Tech Fund I, LP . . ....
...S4 runs a single group P&L and keeps acquired management keen with equity rather than earn-outs. As a business strategy, it works. As good corporate governance, it has limitations....
...Following a critically successful four years under Olivier Theyskens as artistic director, P&G shuttered the brand’s fashion division once again from 2006 to 2008....
...Companies should be challenged on whether their investments in planting projects were “a marketing plan . . . or a real desire to improve the environment that can also be used for marketing”, he added....
...From top to bottom, from CEO compensation to divisional budgeting and P&L to managerial targets, structures and incentives, we’ve built private firms from the ground up to do one thing really well: extract...
...L’Oréal’s shares now trade at valuations not seen since 2003 with a forward price-to earnings valuation ratio of about 35 times, according to S&P Global Market Intelligence....
...L-f-l rents down 27%: net rental income fell down to just £87.3m which represents a l-f-l fall of 27% (excluding premium outlets), as a result of covid and the reduced rent collection rate....
...Dell's shares have underperformed the S&P 500 since returning to public markets through a merger with publicly traded VMware in December 2018....
...The group is backed by the private equity firm L Catterton, the US fund manager T Rowe Price and Bill Gates’ Cascade investment office....
...I know my way around a P&L, though when I gave up life in the boardroom to become a full-time comic and public speaker the one commodity I didn’t anticipate running out of was the public....
...EV/EBITDA of 270x FY21 BBG consensus); after all, IFRS 15 means that the new Solutions contracts are only reflected in the P&L with a lag....
...On our new estimates, L’Oréal trades on an FY21E P/E of 32.6x, the highest premium versus the consumer staples sector for over 10 years....
...Floodlight also provides a reality check on companies that engage in politically themed marketing....
...Increased focus on the home, reversing some L-T adverse trends....
...Our forecasts assume the full £500m is invested in land in FY20, and that the benefit in the P&L is seen later 2022 but to a larger extent in FY23....
...Cost flexibility and financing. 50% of marketing costs are online (Google) which is linked to the number of orders, while the rest is brand marketing (i.e. TV, billboard) which is mainly discretionary....
...As of August 15, S&P ranked Victoria’s Secret owner L Brands fifth in a scoring of retail companies most vulnerable to bankruptcy in the US; S&P predicted a 12 per cent probability of default over the next...
...Based on company commentary so far, we still believe potential COVID-19 claims (including BI) are a manageable P&L event for the sector, although the devil will be in the detail when it comes to BI policy...
International Edition