Hints and tips:
...David Hollingworth, associate director at L&C, said: “I don’t think we’re out of the woods in terms of the movement in fixed rates at the moment.”...
...Through the sale of bracelets and pendants, the brand has raised more than $20mn to provide water, immunisations and educational tools to those in need. louisvuittonforunicef.com V is for Visual AidsAcne...
...The independently owned brand, run by a team of 25 in Paris, doesn’t release its sales figures and is clearly a niche business....
...“I saw the kimono exhibition at London’s V&A before things closed down – I often go there for inspiration,” she says....
...France L&S and Italy will not pay dividends this year, and XL Bermuda is unlikely to. The slack is only partly taken up by France P&C which is over distributing....
...Unquestionably, China (14% of group sales in FY19) continues to be a stand-out success story for L’Oréal; we expect the beauty category in China to register HSD growth this year and for L’Oréal to outperform...
...On current trading, the group’s sales rate has been 0.56 (5% below 2019 level) during the five weeks after re-opening its sales offices....
...We forecast the US and RoW to make up 57% of the group’s sales by FY25....
...at the ‘C-suite’....
...Here’s Investec (sell) to summarise: [L]ockdowns are impacting consumption in North America (c. 30% of sales), Europe (c. 20% of sales), India (c. 10% of sales), Africa (12% of sales) and many countries...
...It gets straight to the point: We now assume an L-shaped RevPAR recovery (previously V-shaped), based on Jefdata consumer surveys, corporate guidance and industry forecasts. .....
...The resulting collection will comprise 16 limited-edition books, which will be sold with 15 per cent of sales going to Human Rights Watch....
...Morrison states that LFL sales growth for the first six weeks of the new financial year is 5.0%, having been flat after 4 weeks, implying that LFL sales are up c+15% over last two weeks....
...higher level (c.£450mn)....
...HSBC has some discussion about V and W shaped recoveries; its own model resembling “the Nike swoosh” is made by combining a proper V in mainland China forms and more of an L among Western European and American...
...The shares currently trade on a 2020E PE multiple of c.17 times and an EV:Sales multiple of c.0.92 times in the context of Group margins of c.7.6%....
...The V-shaped recovery in consumer spending feels too bullish in our view....
...Against the general trend, yesterday Ferrari confidently guided to a V-shaped recovery in its P&L from H2/20....
...non-contracted commercial and c.10% product sales....
...And GTA V’s publisher Rockstar has a history of delaying titles in the name of quality; GTA V, Red Dead Redemption, RDR2, Max Payne and L.A. Noire were all delayed....
...The group has c.2.7x ND/EBITDA against a covenant of 4.25x....
...Containment of the number of new cases has been impressive in mainland China, and we now expect a V-shaped recovery from the second quarter onwards there....
...He sold Pierre Soulages’ “Composition” (c.1952) for €450,000, and André Masson’s “L’homme ivre (l’homme libre)” (1962) for €220,000. Both works were acquired by European collectors....
...Press Ctrl+C. Press Crtl+V. Add share-price forecast: “Market perform”. OK, so that is being rather unfair. And perhaps a tad hypocritical coming from a journalist....
...David Hollingworth, director at L&C, a mortgage broker, says borrowers in such cases might consider an offset deal, which allows the mortgage advance to be held by the bank and used to reduce or offset the...
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