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..., referring to institutional investors known as limited partners....
...Moelis is advising Entain’s board and the group’s recently formed capital allocation committee, and any disposals will be of brands that are not integrated into the company’s technology platform, which makes...
...Between 2022 and 2023, Polestar sold about 13,000 battery-run cars to the group....
...Pre-split performance for some of Sequoia Capital’s funds, revealed by one of its limited partnerships last year, showed that some of the India and south-east Asia funds had poorer returns than the group...
...Although Signa Holding, the group’s parent company, is now in the hands of an independent administrator, the two subsidiaries that own the bulk of Signa’s assets are still being run by existing management...
...Regulators in Brussels will order the US-based group, which owns brands including Oreo, Cadbury and Toblerone, to stop blocking cross-border trading because of the potential harm to consumers at a time of...
...The Federal Trade Commission has sued to block US luxury goods group Tapestry’s $8.5bn acquisition of Capri Holdings, a move that threatens a bid to create a US rival to European giants LVMH and Kering....
...At the end of last year, the Pinault family’s holding company, Artémis, which has a controlling stake in luxury group Kering, acquired 53 per cent of Creative Artists Agency, one of the world’s biggest entertainment...
...French hotel group Accor is in talks with investment vehicle Dubai Holding to fund the roughly €800mn development of two upmarket cruise liners under the Orient Express brand, in the latest example of Middle...
...At Rolls-Royce, BMW’s luxury brand, a separate division has been set up to deal with personalised features....
...Only laundry and floorcare brands Beldray and Kleeneze delivered top-line growth in the half....
...“There’s a whole lot to it to make sure that it doesn’t tarnish your brand, and that you really are looking after the [limited partners].”...
...MainFT, last night: The Federal Trade Commission has sued to block US luxury goods group Tapestry’s $8.5bn acquisition of Capri Holdings, a move that threatens a bid to create a US rival to European giants...
...It already made its diagnostics products in the country but had “limited manufacturing for pharma”, he added....
...But the groups “would prefer to solve their own problems, as opposed to have politicians solve it”, he said....
...statement, Meta Q1, PZ Cussons Q3 trading update, Raymond James Financial Q2, Reckitt Benckiser Q1 trading update, Wabtec Q1 Thursday Global energy group BP holds its annual general meeting, an event...
...Geely Holdings said it sold about 2.8mn vehicles across its brands last year....
...Unilever on Tuesday announced it was divesting its ice cream business that includes brands such as Magnum, Wall’s — and the controversial Ben & Jerry’s....
...A group of NGOs, industry bodies and member states will gather in Brussels today to debate its implementation....
...It had said it would conclude its partnership with Authentic Brands Group, which had given it exclusive use of the Sports Illustrated brand in the US for online betting and gaming....
...“Asahi cannot become a global brand unless it has the American market,” said Morita. “To address this missing piece, M&A will be an effective tool.”...
...South Korea has become one of the most important markets for European carmakers, ranking among the top three Asia markets for global luxury brands with about 34,000 cars priced at more than Won150mn ($108,000...
...LVMH, which has a market value of €396bn, does not publish performance by brand but Guiony said global sales growth at top brands Dior and Louis Vuitton were “pretty clustered” around 2 per cent....
...While the global luxury market has been slowing for the past year after a multiyear pandemic boom, other groups have fared better in the transition....
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