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Victoria’s Secret returns to TV — but its challenges are bigger than branding
...Les Wexner, the CEO and chair of parent company L Brands, was pilloried in the media for his close associations with convicted sex offender Jeffrey Epstein....
September 26, 2023
Jeffrey Epstein
Judge allows Les Wexner subpoena by mail in Jeffrey Epstein lawsuit
...Wexner relinquished his dual roles as chief executive and chair of L Brands, the then owner of Victoria’s Secret, in 2020....
February 21, 2023
FT Live
Due Diligence Live
Where leaders in investment and finance meet
Tuesday, 8 OctoberLondon, UK
FT Alphaville
Oops!…I Forgot That I Paid My Sister Half a Million Dollars
...Launched in 1992 after its founder Robert Greenberg was forced out of L.A. Gear, another shoe retailer he had founded, Skechers now has a market cap of more than $8bn....
May 22, 2023
Due Diligence
Heads roll at Credit Suisse’s final shareholder meeting Premium content
...L’Oréal is betting it can double Aesop’s annual sales from €502mn to €1bn or more. The deal is a departure for L’Oréal in one respect....
April 5, 2023
The Art Market
Sunshine and sales at Art Basel
...The event will now be in the 18th-century L’hôtel de Maisons, in Saint-Germain-des-Prés....
June 15, 2023
Barclays PLC
Ex-Treasury official John Kingman to join Barclays board as UK chair
...Kingman will retain his role at L&G, but has stood down as chair of Tesco Bank....
January 23, 2023
FT Live
Business of Art
Market shifts and future growth
Monday, 7 October180 Studios, London, UK
Private equity
Is private equity actually worth it?
...The best paper on this is probably Jean-François L’Her, Rossitsa Stoyanova, Kathryn Shaw, William Scott, and Charissa Lai’s paper “A Bottom-Up Approach to the Risk-Adjusted Performance of the Buyout Fund...
March 5, 2024
Due Diligence
Keep your friends close and private equity tycoons closer Premium content
...UBS has hired three Barclays bankers in New York, according to a memo seen by DD: Marco Valla joins as global banking co-head (his predecessor Ros L’Esperance will launch a senior advisory group within the...
April 26, 2023
US & Canadian companies
Legal & General to Jeff Bezos: drop dead
...Legal & General Investment Management is planning to vote against the election of several Amazon directors, including founder, former CEO, amateur astronaut and full-time bodybuilder Jeffrey P. Bezos....
May 24, 2022
LexBarclays PLC
Barclays: Venkat’s challenge is to lift laggardly shares Premium content
...New chief executive CS “Venkat” Venkatakrishnan has replaced Jes Staley, who stepped down amid probes into his relationship with disgraced financier Jeffrey Epstein....
February 23, 2022
Nestlé S.A.
Nestlé justifies staying in Russia as criticism mounts
...For example, PepsiCo, Danone, L’Oréal, Carlsberg, and Anheuser-Busch InBev are all still manufacturing and selling in Russia....
March 21, 2022
In the footsteps of . . .
Hemingway’s Paris still pulls at the heartstrings
...The Fontaine de l’Observatoire sits astride the 0° meridian from which the world is measured. Except it’s not. That too was a French dream....
October 20, 2022
Prime property
How long can the super-prime property boom continue?
...“There are no equivalent 100 per cent mortgages in the standard market,” says David Hollingworth of UK mortgage broker L&C....
September 23, 2022
Vicky Ward
Jeffrey Epstein stalks his shadowy network of plutocrats from the grave
...The writer is the host and co-producer, with James Patterson, of the podcast ‘Chasing Ghislaine’ It’s almost two years since the alleged paedophile Jeffrey Epstein was found dead in his jail cell, months...
July 30, 2021
HTSI
Vested interests – the case for the sleeveless sweater
...Designer Charles Jeffrey also sees the knitted tank as being uniquely retro. He associates them with the knitting patterns one finds in charity shops – and with his grandmother....
February 28, 2022
FT Live
Bank of the Year Awards 2024
Recognising the best in banking globally
Wednesday, 4 DecemberLondon, UK
News in-depthWar in Ukraine
Stay or go? Western consumer brands wrestle with Russian dilemma
...Cosmetics groups L’Oréal and Estée Lauder illustrate the diverging response among consumer groups....
March 10, 2022
L Brands Inc
L Brands to spin off Victoria’s Secret
...with Jeffrey Epstein, the late convicted sex offender....
May 11, 2021
Robin Lane Fox
A bravura badger panto for New Year
...The L in “SLOW” had been scratched out and N had been written above it....
January 7, 2022
The Art Market
Stormtrooper ‘Art Wars’ sparks legal action
...Philbrick faces a maximum 20 years imprisonment when he is sentenced next year but his lawyer, Jeffrey Lichtman, says he is “hopeful that Inigo receives a lesser sentence.”...
November 25, 2021
Film
Bette Davis at the BFI — the eyes have it
...But the best lines come from this loony bliss-out of a backstage theatre drama written and directed in 1950 by Joseph L Mankiewicz....
July 22, 2021
News in-depthHSBC Holdings PLC
Peter Wong retires as HSBC’s ‘indispensable’ elder statesman
...Jeffrey Lam, a member of Hong Kong’s legislative council, said: “HSBC is between two hotplates: the mainland and the US. Peter has handled it tremendously — dealing with that conflict takes skill.”...
June 12, 2021
Art Basel’s OVR: Portals
Noah Horowitz: ‘Digital is here to stay’
...Highlights include works by the Los Angeles sculptor Karon Davis, who references the US government’s violent prosecution of the Black Panther Party members (shown by Jeffrey Deitch) and two Saudi Arabian...
June 12, 2021
Special ReportRethinking Supply Chains
Covid stimulus revives calls for Washington to ‘Buy American’
...Earlier this month, Democratic senators including Tammy Baldwin, Sherrod Brown, Chris Murphy, Elizabeth Warren and Jeffrey Merkley wrote to the White House to demand that waivers from the Buy American Act...
April 21, 2021
Due Diligence
Leon Black’s Epstein ties are Apollo’s problem now Premium content
...K&L Gates has hired Mitchell Kim as a partner in its litigation and dispute resolution practice in Los Angeles. He joins from Fox Rothschild....
October 22, 2020
News in-depthRetail sector
Lingerie brands forced to embrace new comfort zone as attitudes shift
...Then in February, L Brands’ billionaire founder Les Wexner stepped down as chairman amid concerns about the impact on the company’s reputation over his ties to the late paedophile Jeffrey Epstein and reports...
December 24, 2020

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