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...by sales, where all four of its biggest brands grew by double digits driven by demand in Europe....
...The private equity firm — which also has investments in fashion brands APC and Etro and high-end gym chain Equinox — listed German orthopaedic shoe company turned fashion favourite Birkenstock in New York...
...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....
...Estée Lauder and L’Oréal did not respond to a request for comment....
...Rosenthal Meets Versace Renaissance Barocco collection, from £44 L’Objet Sumi A collaboration with a small artisan studio in Japan has produced the brand’s first dinnerware collection made outside Europe...
...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...
...French beauty company L’Oréal increased sales in the third quarter despite a more muted than expected recovery in China and a fall in travel retail in Asia....
...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....
...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...
...The Competition and Markets Authority warned on Friday that T&L Sugars’ purchase of the Tereos unit that makes Whitworths and private-label sugars could leave only two large suppliers in the UK, leading...
...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....
...Sraer, who became CEO following the deal with L Catterton....
...It’s a store, and it’s time to go shopping. 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....
...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....
...Aurelius should unlock value by slimming down The Body Shop’s vast bricks and mortar retail network and boosting the brand’s online presence....
...The Fédération de l’industrie Horlogère Suisse has released its export report for March 2024 and . . . hoo, boy....
...He sent me four such UK/US pairs: in Banking, Standard Chartered and Citi; in Homebuilding, Cairn Homes and Lennar; in Tobacco, Imperial Brands and Altria; in defence contracting, Babcock International and...
...Growth in Europe, L’Oréal’s biggest market, and North America progressed in the mid-teens....
...and the hair brand Olaplex)....
...The negotiation is billed as an attempt to bring greedy consumer brands to heel and fight the little guy’s corner....
...L&G Artificial Intelligence Ucits ETF (AIAI)....
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