Hints and tips:
...Eric Liedtke, former director of global brands at rival Adidas, says Nike’s decision was similar to what happened when Adidas tapped Kasper Rorsted of consumer products giant Henkel to be its new chief executive...
...Wes McCoy, investment director at Aberdeen Standard Investments, a top 10 Cineworld shareholder, said: “We are very comfortable with them not completing the transaction....
...Unilever and Henkel, as well as private equity firms, were weighing bids just as the Covid-19 pandemic hit, shutting down hair and beauty salons and upending equity and debt markets....
...His predecessor, Sheri McCoy, was drafted in from Johnson & Johnson in the wake of Coty’s attempted takeover. Neither was able to turn the company around....
...“Business as usual is not an option,” said Jan Zijderveld, who joins Avon with immediate effect after the departure of Sheri McCoy was announced midway through last year....
...Kasper Rorsted, right, stayed in the PC industry until 2005, before moving to consumer goods group Henkel....
...In 2011, manufacturers sold gas turbines with a total generation capacity of 71.6 gigawatts, according to McCoy Power Reports....
...Patrick McCoy, head of investment at Xafinity Punter Southall, the consultancy, pointed out that the new standard did not address worries over conflicts of interest....
...She pushed History into scripted programming and with Hatfields & McCoys, its first scripted mini-series, it broke ratings records....
...Sheri McCoy is stepping down as chief executive of Avon Products after failing to halt the slide of the iconic cosmetics direct seller. Good riddance, the average Financial Times consumer may reflect....
...The WSJ first reported the news of Ms McCoy’s planned departure....
...Ms McCoy, whose five-year tenure has failed to revive the fortunes of the storied beauty group, will be leaving at the end of next March....
...Perella Weinberg Partners was lead financial adviser to Henkel....
...“At Henkel, Rorsted was very good at optimising productivity per employee and per store....
...When the news broke on Monday that the 53-year-old Dane was leaving Henkel to become the new boss at Adidas, Henkel lost €1bn of its market value. Adidas gained a similar amount....
...Herbert Hainer, presenting his last results as chief executive before handing over to former Henkel boss Kasper Rorsted at the end of September, said that the results were “stellar”, and claimed that they...
...One of the key reasons the German group has chosen Kasper Rorsted to succeed Herbert Hainer as chief executive later this year is his record of improving margins at the German consumer group Henkel....
...Ms McCoy will retain her position and be on the board of Avon North America, however....
...Henkel’s shares fell in response to that news. P&G’s haircare brands would have brought about $2.6bn to Henkel’s sales and lifted it clear of a self-imposed target of €20bn of sales by 2016....
...Henkel, the German consumer goods group, and KKR, the private equity group, are competing for P&G’s haircare business, which includes the Wella and Clairol brands....
...A deal with Coty would be a setback for Henkel....
...Barbara Kux, now a director of Total and Henkel, pushed through supply chain savings at Siemens from 2008, making global savings while cultivating local sourcing networks....
...The Japanese chemical company mainly competes with global rivals such as 3M of the US and Germany’s Henkel in the area of automotive tape, a product with growing popularity as automakers scramble to make...
...anniversary of the start of the original series, while the Trekkies at XPrize will be awarding the Qualcomm Foundation’s $10m to the developer of a real-life Tricorder, the handheld scanner used by Dr McCoy...
...Stan McCoy, president for Europe, the Middle East and Africa at the Motion Picture Association, said: “Popcorn Time has no legitimate purpose and it only serves to infringe copyright.”...
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