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...Only a portion is channelled to Ortega and his immediate family, including Marta Ortega, Inditex’s non-executive chair since 2022 and Ortega’s only daughter from his second marriage....
...What matters more is a sense of civic duty, peer pressure and a desire for social status, Ramos says....
...Hermès makes fewer than 80,000 watches a year....
...Antonio Belloni is to step down from his LVMH management role as deputy to billionaire chief executive Bernard Arnault, amid a wider reshuffle of the French luxury company’s top ranks....
...Shares in Hermès rose 5.1 per cent, helping the company overtake L’Oréal to become the second most valuable firm in France’s blue-chip Cac 40 index....
...“Hermès powers on and beats both quarterly and full-year consensus,” said Luca Solca, analyst at Bernstein....
...It was 10 years ago, when they were working together on Tristan und Isolde at the Royal Opera House, that conductor Antonio Pappano, director Christof Loy and soprano Nina Stemme hatched the idea of joining...
...French luxury group Hermès showed resilience amid a slowdown in the luxury sector, carried by high demand for its coveted handbags and strong growth in ready-to-wear fashion....
...UN secretary-general António Guterres has repeated his call for a ceasefire in Gaza, saying parties involved in the conflict are “trampling” on international law....
...This being Hermès, the art of upcycling has been elevated to new heights....
...Legal & General’s new chief executive António Simões promised a strategic overhaul that would create a “simpler investment case” for the FTSE 100 insurer, asset manager and housebuilder, as he presented...
...Antonio Tajani told the Financial Times that the Israeli government needed to talk with its closest allies on the next steps for the densely populated strip after it ended its military offensive in Gaza....
...Additional contributions from Grace Ramos and Benjamin Wilhelm...
...The Twenty-4 was an easy-wearing, anytime, anywhere sort of watch, with the king of versatility that Hermès is chasing with its new Cut collection....
...Hermès shares rose 1.3 per cent to €1,703.60 in Paris on Tuesday morning....
...Hermès has shown resilience during other downturns....
...Portugal’s prime minister António Costa has resigned just hours after his government was plunged into crisis on Tuesday when prosecutors issued arrest warrants and raided government buildings in a corruption...
...This will be the first season with Antonio Pappano as chief conductor. The line-up of concerts is impressive, not least because Pappano himself will be conducting a high proportion of them....
...Sales growth at French luxury group Hermès softened in the third quarter, in line with the wider industry but still beating market expectations....
...The plan is for Antonio Pappano, just starting his last season as music director, to conduct each of the four parts of this Ring as they come round....
...outside or based outside of San Antonio.”...
...toppled Portugal’s Socialist prime minister involved lavish business dinners with foreign investors, accusations of “influence peddling” and a mystery stash of cash.At the centre of the probe that triggered António...
...Antonio Tajani, who also serves as foreign minister and leads the Forza Italia party, said in an interview published on Tuesday that the windfall tax should not apply to the country’s smaller lenders....
...Some conductors only get to do the Ring once,” says Antonio Pappano, as he looks forward to opening the Royal Opera’s 2023-24 season on Monday with his second new production of Das Rheingold — the first...
...“The ruling Socialists are unlikely to do well in the vote,” said Antonio Barroso, deputy director of research at consultancy Teneo....
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