Hints and tips:
...Higher sales of nutrition products imply that “Reckitt is starting to get its act together and do more than simply meet insatiable demand for hygiene products”, said James Edwardes Jones, analyst at RBC...
...Jingye pulls out of running to buy British Steel (FT) Private equity cashes in on Liberty with £300m sale (FT) Due Diligence is written by Arash Massoudi, Javier Espinoza and Robert Smith in London, James...
...Add on the sale of Bayer’s Coppertone sun care and Dr Scholl’ s foot care product lines, also outlined on Thursday, and Bernstein arrives at a total take of about €7bn....
...A failed Scholl footwear launch and June’s cyber attack, which affected dozens of companies, had a bigger than expected effect on revenues....
...started a “strategic review” of its non-core food business, as chief executive Rakesh Kapoor hopes to bolster sales growth in the wake of a damaging boycott in South Korea and the failure of its latest Scholl...
...at RB than a single failed innovation (the Scholl/Amopé wet and dry pedi), which ought to have fallen out of the base.”...
...Rakesh Kapoor, chief executive, hopes to bolster sales growth in the wake of a damaging boycott of Reckitt products in South Korea and the failure of its latest Scholl footcare innovation....
...For James Edwardes Jones, analyst at RBC Capital Markets, the Wet & Dry Pedi represents more than a single failed innovation. “Scholl has been a fantastic success....
...James Edwardes Jones, analyst at RBC Capital Markets, said the shift towards Mead was a surprise. “Reckitt needed something but this was not what we had in mind and it looks expensive.”...
...Sales have been dragged down by a scandal that broke in mid-2016 over deadly disinfectants in South Korea and the flop of a Scholl footcare product....
...James Edwardes Jones, analyst at RBC Capital Markets, said the third quarter result had missed expectations by 80 basis points....
...world that is changing so quickly needs a place that it can call home in terms of values, ideals, and passion — and that place is Europe,” the Italian prime minister said, weaving in references to Sophie Scholl...
...RB had coveted its Claritin hay fever remedies and the US rights to Dr Scholl footcare products. RB already owns Dr Scholl outside the US and was keen to unite the brand worldwide....
...Meanwhile Scholl – a Clark Kent lookalike from Wiesbaden – was riveting audiences with a timbre of preternatural purity....
...A couple of years ago, I listened to the British counter-tenor James Bowman paying tribute with dollops of humour to one of my heroes, Andreas Scholl, at one of Scholl’s concerts at the Royal Festival Hall...
...raise speculation on whether Henkel might be ready to make other acquisitions, following deals by rivals in the consumer goods sector including Reckitt Benckiser’s purchase of SSL, maker of the Durex and Scholl...
...“It is not a classical timeshare fixed at one location,” explains Kurt Scholl, Hapimag chief executive....
...But could the company – best known for its Durex and Scholl brands and often mentioned as a takeover target for bigger consumer goods companies – be moving from prey to predator?...
...Dr Scholl even has some sheepskin clogs on offer....
..."The market has forced us to be more discerning," says Roger Scholl, editorial director at Currency, a business book imprint owned by Random House....
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