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...European coffee group JDE Peet’s is replacing its two top executives as controlling shareholder JAB Holding seeks to shake-up the owner of L’Or, Kenco and Douwe Egberts following a long period of underperformance...
...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....
...Shares in US-listed Ulta and e.l.f. have also suffered. Despite this, Puig’s mooted valuation looks achievable....
...Beginning with early-’90s performances in punk clubs, the show spans three decades of short films and installations, including F.A.M.I.L.Y, a year-long Instagram collaboration with seven other performers...
...She contributed $4mn towards RFK’s Super Bowl advertisement earlier this year in which he outraged his family by likening himself to his uncle, John F Kennedy....
...F1’s operating profit rose by 64 per cent to $392mn in 2023 from a year earlier, as revenues jumped to $3.2bn from $2.5bn....
...Another short-selling aspect that often gets forgotten is how higher interest rates also help L/S hedge fund returns by increasing their cash returns....
...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....
...The group has a record of profitable exits — such as 2023’s $8.6bn listing of German sandal maker Birkenstock — and Tod’s has a good potential to turn into another success story, say analysts....
...(Alphaville believes that using L’Oréal as an O is cheating, even if it makes your acronym look nicer.)...
...That’s why more progress needs to be made in various multilateral forums dealing with these issues, including through the G20’s Common Framework for Debt Treatments beyond the Debt Service Suspension Initiative...
...F&F was the UK’s seventh-largest fashion retailer during Tarry’s tenure, he said....
...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 Granolas as a group have climbed 18 per cent over the past 12 months beating the Stoxx 600’s 7.5 per cent rise over the same period....
...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....
...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....
...If you have any exposure to the S&P 500, then the S&P 500, the biggest index on the planet, is dominated by these names. Claer Barrett Even global indices. Katie Martin Even the global indices....
...“We are sad to announce that on August 25, 2023, a terrible plane crash occurred . . . the crews of two L-39 training and combat aircraft collided in the sky,” Ukraine’s air force said in a statement on...
...The F-35’s share of the US’s overall tactical aviation fleet is expected to keep growing, providing a boon to its manufacturer Lockheed Martin....
...Crackling with asterisks, untitled f*ck m*ss s**gon play is a suitably sparky title for a show that’s like a lit stick of dynamite....
...Ogulu made his musical debut in 2010 with a string of single releases, eventually releasing his debut album, L.I.F.E – Leaving an Impact For Eternity in 2013....
...Free cash flow, however, reconciles those book accounting accruals of the P&L ledger to capture the real flows of actual dollars coming in and out....
...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....
...Another sofa design for the same client will feature the brand’s double “F”s distorted in softer, mellower forms — a playful twist on the logo which, to me, makes the pequins look like melting marshmallows...
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