Hints and tips:
...In a Cinderella-blue colour, with a deep V neckline, the look called back to the Prada gown Nyong’o wore when she took home the Best Actress award a decade ago....
...The Pinault family, which owns large stakes in luxury-oriented businesses like Gucci owner Kering and the Christie’s auction house, will purchase TPG’s 53 per cent stake at a valuation above $7bn, sources...
...LVMH, Kering and Richemont centred their luxury businesses on a single big brand: Vuitton, Gucci and Cartier, respectively....
...Many designers incorporated lingerie dressing with sequins — another recurring detail of the season — elevating the theme to occasion wear....
...As ever, drop me a note at sid.v@ft.com if you’ve got thoughts and ideas for upcoming Future of Money newsletters....
...Incorporated in 2003, Pure Biofuels raised millions from investors to finance the construction of a biodiesel processing plant in Lima, Peru....
...Others are now following suit: Nike is sponsoring the game’s Chinese league, Gucci is partnering with a professional League team in Europe and Puma with another in North America....
...“There’s zero doubt we’re going to have a definite V curve. The question is whether it moves into a U or an L.”...
...This trend continued through March even as it became evident that China’s economy was not going to snap back with a V-shaped rebound....
...Boards may feel comfortable giving themselves a pass because the top court in Delaware, where most US companies are incorporated, ruled in the 2000 case of White v Panic that an all-male corporate board’...
...No, says Li....
...There may be stars on America’s horizon still....
...Finally a drop of raspberry to symbolise what the rest of America thinks about its capital. We are all forever blowing raspberries at the Washington Beltway....
...The bank has fewer than 200 staff and had not appointed a chief economist until last month, when China’s David Daokui Li was hired....
...When Chinese Premier Li Keqiang visited the UK in 2014, David Cameron presented him with a copy of the script for the first episode....
...Snapshot Top market stories Market Forces: A V-shaped recovery needs more rocket fuel Investors urge debt-bloated US companies to shape up Moody’s upgrade sparks rally for Greek assets Is the party really...
...Gucci got called out over a blackface jumper. With these offensive products, fashion brands seemingly mocked the very communities they relied on to purchase and shift their wares....
...We went from just being Gucci as a brand to Gucci Group, which changed everything. That was fascinating....
...Bank of America does not have a Chinese securities venture but has been working on a plan to set up a fully incorporated business in China for four years, according to a person briefed on the matter....
...While the product is not new, Bank of America and Morgan Stanley’s recent $9bn collar trade on Daimler stock for Chinese billionaire Li Shufu has shone a light on the sheer size and scale of trades that...
...Smart reads David v Goliath Large consumer goods companies are starting to feel the impact of their smaller, more innovative rivals....
...Manuel V Pangilinan, chief executive and managing director, echoed that view during the same call, saying “the best way to approach is by asset disposal and not by incremental disposal of key assets”....
...Smart reads Dumb pipes v bright lights Is AT&T savvy enough to understand the mischievous world of media?...
...Warren Estey will leave his role as co-head of US equity capital markets to become the bank’s head of Americas natural resources....
...For a group incorporated outside the UK, a 50 per cent free float is required to join the FTSE 100. “Would it all be in vain if they can’t get suitable indexation?” asks Mr Holmes....
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