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...We want it to be a mindset, an experience centred around the Prada brand.”...
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...And Musk’s outspoken posts on his social media platform X risk denting his car company’s brand....
...The French giant, controlled by billionaire François-Henri Pinault, expects first-quarter sales down 10 per cent — compared to consensus expectations of a 3 per cent fall — driven by a near 20 per cent collapse...
...Chinese businesses going overseas is not a new thing, but since the country emerged from three years of stringent pandemic restrictions, tapping foreign markets has become a more urgent imperative, driven...
...Given that consolidation in this sector was a virtual certainty and Virgin was a decent prize, its board could perhaps have driven a harder bargain....
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...Associated British Foods, which also owns food brands Ovaltine and Ryvita, posted a 37 per cent increase in pre-tax profit to £881mn for the six months ending March 2, up from £644mn a year earlier....
...China dominates manufacturing, making more than half of all electric or plug-in hybrid cars, compared with just 10 per cent of traditional engine-driven vehicles....
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...Profits at the world’s largest listed hedge fund Man Group more than halved last year as lacklustre returns from its computer-driven quant strategies hit fee income....
...The still lacklustre showing, however, is in contrast to larger rival LVMH, which managed to increase sales 10 per cent during the period even as the industry’s pandemic-driven surge deflated....
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...“The growth of Margiela is 100 per cent driven by the beauty of the product, since the only money that we spend is to put on a nice show,” says Rosso, noting that the brand has never invested in traditional...
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