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Private equity
BC Partners sells IT group Presidio in sign of thaw for private equity deals
...The sale to CD&R is the latest exit for BC Partners, which has returned more than $7.5bn to investors over the past 12 months after reducing its stake in US pet company PetSmart and striking a deal to sell...
April 2, 2024
Masayoshi Son
SoftBank’s Masayoshi Son piles debt on to Silicon Valley mansion
...Nestled at the top of a hill and shrouded behind trees and fences, Son’s European-style villa is now mostly hidden from passers-by....
January 14, 2024
FT Live
FTWeekend Festival: U.S. edition
Where the Financial Times weekend paper comes to life
Saturday, 4 MayThe REACH, at the Kennedy Center for the Performing Arts, F Street Northwest, Washington, DC, USA
TikTok Inc
TikTok prepares ‘Project S’ plan to break into online shopping
...UK users have begun to see a new shopping feature within the TikTok app called “Trendy Beat”, a section offering items that have proven popular on videos, such as tools to extract ear wax or brush off pet...
June 21, 2023
Food & Beverage
Mars chief hits out at ‘nonsense’ attacks on corporate ESG
...Last March Mars said it would scale back its business in Russia to focus on its “essential role in feeding the Russian people and pets”....
March 19, 2023
Nestlé S.A.
Nestlé shareholders call on food giant to reduce reliance on unhealthy products
...Nestlé revealed in its annual report for 2023 that 38 per cent of net sales, excluding products such as pet food, baby food, vitamins and medical nutrition, were rated higher than 3.5 under the HSR system...
March 14, 2024
News in-depthDementia
Alzheimer’s drug Leqembi falls short of blockbuster status in faltering US rollout
...Nonetheless, analysts have forecast bumper sales for the two drugs given the 7mn Americans and more than 50mn people worldwide suffering from Alzheimer’s....
April 22, 2024
FT Live
Future of Retail
Securing long-term business growth with technology innovation
Tuesday, 17 SeptemberLondon, UK
Due Diligence
The investment bank being dubbed ‘Goldman North’ Premium content
...The UK’s Competition and Markets Authority on Tuesday said 16mn pet owners may have been overpaying for medicines and prescriptions....
March 13, 2024
News in-depthRetail & Consumer industry
Baby formula oligopoly draws the attention of regulators
...*This article has been amended to clarify that the sales growth refers to Nestlé’s infant nutrition business which includes other products besides formula....
December 22, 2023
FT MagazineJancis Robinson
Napa Valley is California’s wine barometer, an expensive one
...Traditional sales via distributors and other wholesalers were just 17 per cent. (Exports represented a mere two per cent.)...
April 20, 2024
Commercial property
‘Skyscraper queen’ leaves CBRE as New York property crisis deepens
...Stacom led the $5.4bn sale of New York’s Peter Cooper Village and Stuyvesant Town in 2006, which included 110 separate buildings and 80 acres of property....
February 5, 2024
FT Swamp Notes
Washington DC’s red herring on TikTok’s ‘digital fentanyl’ Premium content
...It would impose privacy regulations on the sale to third-parties of any data collected by any social media app, regardless of who owns it....
March 15, 2024
#techAsia
TikTok’s fate and Taiwan tech suppliers’ shift Premium content
...month, the highly popular short-video sharing platform has dominated nearly all my personal and work conversations, whether it’s at brunch with friends in Big Sur or afternoon coffee with a VC near Sand Hill...
April 4, 2024
Coronavirus treatment
Covid antivirals lose spark as regulatory scrutiny increases
...Yet Pfizer’s $19bn in Paxlovid sales were almost a fifth of its 2022 total....
October 9, 2023
Special ReportFT Wealth: April
Hillsdale College: the conservative model for education
...The vice-chair is Stephen Van Andel, an alumnus who co-chairs Amway, the nutrition, beauty and home products direct sales company founded by his father and Rich DeVos, Betsy’s father in law....
April 12, 2024
News in-depthFood & Beverage
Plant-based meat industry on a mission to rebrand itself as healthy option
...senior corporate engagement manager at plant-based advocacy group the Good Food Institute Europe said that more would come to market as the sector responded to “consumer expectations around taste, price and nutrition...
October 6, 2023
FT Live
TNW Conference 2024 - The Next Web
Europe’s leading tech event for corporates, startups, investors and governments
Thursday, 20 JuneAmsterdam, Netherlands
Unhedged
Everyone calm down about CPI Premium content
...What will make the unit cost of incremental sales fall from here? Where is Uber’s exclusive intellectual property? Is urban transport really winner-take-most?...
February 14, 2024
LexInstacart Inc
Instacart: IPO may not deliver the goods Premium content
...Online grocery delivery service users count substitutions and delays among their top pet peeves. Being forced to hang around for too long can lead to buyers remorse....
August 28, 2023
Coronavirus treatment
Covid antiviral drug linked to ‘transmissible’ mutations, research finds
...Yet Merck recorded sales worth more than $6bn between 2021 and 2022, and the figure does not include sales in poorer markets where licensed companies make generic versions of the drug....
September 25, 2023
The Art Market
Freddie Mercury sale at Sotheby’s beats estimates as buyers want it all
...The Freddie Mercury sales continue until September 13....
September 7, 2023
Nestlé S.A.
Nestlé says less than half of its mainstream food and drinks are considered ‘healthy’
...The annual report of the world’s largest food company showed 54 per cent of its food and beverages by revenue — excluding products such as pet food, baby food, vitamins and specialised medical nutrition...
March 21, 2023
Shopping and gifts
How to shop for second-hand clothes
...Whenever I’m back in London, I always go to Found and Vision in Notting Hill and Rellik....
August 30, 2023
Lex PopuliPersonal Finance
Lex Populi: Pets at Home unleashes diversification
...Lex previously doubted whether the pandemic boost to pet spending in the UK would survive the end of lockdowns. Pets at Home has sustained sales momentum....
November 25, 2022
Food & Beverage
WHO warning on aspartame makes life less sweet for drinks makers
...Yet the reformulation failed to prevent a further dip in sales and the drinks-and-snacks company reintroduced the sweetener a year later....
July 13, 2023
News in-depthTikTok Inc
TikTok turns to south-east Asia to drive growth
...with the company’s sales....
June 25, 2023
FT MagazineRobert Shrimsley
Why motorcycle gangs will end with a whimper, not a rev
...You do see the odd vintage car or high-performance run, but you don’t get Škoda Fabias descending en masse on some suburb, well, not unless there’s a 50 per cent sale at Pets at Home....
June 2, 2023

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