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...positions in companies....
...“All of the equities clear at the NSCC division of DTCC, now they want to be the default utility and win everything in the world of government securities and repo,” the executive adds, leaving the company...
...Coach, Kate Spade and Michael Kors target strivers. The truly wealthy prefer Chanel and Louis Vuitton. In the accessible luxury market, price competition is constant and fierce....
...The antitrust regulator on Monday alleged that the acquisition would eliminate “head-to-head” competition among the groups’ brands, including Capri’s Michael Kors as well as Tapestry’s Kate Spade and Coach...
...Tapestry, owner of fashion brands Coach, Kate Spade and Stuart Weitzman, has agreed to buy Capri Holdings, home to luxury labels Versace, Jimmy Choo and Michael Kors, for about $8.5bn....
...And that’s scaring regulators, so much so that they’re putting in place some new rules in order to sleep better at night. Here to talk to me about them is the FT’s Kate Duguid. Hey, Kate....
...Since 2012, their company has been selling vintage ready-to-wear direct to celebrities and rich clients or their stylists, as well as through Selfridges in London and Manchester, Switch Boutique in Los Angeles...
...He swims most days in water-resistant pieces between mid-May and mid-November, and a couple of times a week the rest of the year. “That’s why I’ve spent all this money on them.”...
...The company reopened a renovated and expanded shop in Kuala Lumpur last month. But how far can Hermès Horloger climb? Can it become one of the top 10 Swiss watchmakers by sales?...
...Queen Elizabeth II once said that she had to be “seen to be believed”: and that remains the bargain. The enormous goodwill towards Kate seems hard to square with the current level of prying....
...Markets are now pricing in between one and two quarter-point rate cuts by the Fed in 2024, having expected between six and seven just four months ago.Additional reporting by Stephanie Stacey in London...
...After losing her job in 2015, Mayer sued the company for alleged sex and age discrimination, taking legal action in New York, where Time and its senior management were based....
...The regulator is arguing that there’s an important distinction between the likes of Kate Spade (which Tapestry also owns) and Louis Vuitton....
...Sales at Coach increased 3 per cent from same quarter last year, but plunged 6 per cent and 19 per cent at Kate Spade and Stuart Weitzman, respectively....
...Kate Duguid Will China’s services sector drag down markets?...
...The Aim-quoted company found a way nearly 20 years ago to pickle softwood in acetic anhydride so that it is as tough as hardwood and will last half a century....
...Songs of praise can be sent to kate.duguid@ft.com. All complaints to ethan.wu@ft.com....
...There can be alumni that work at those companies or that just want to help you out because they have gone through your experience....
...Kate Duguid Are UK wages still surging? Solid wage increases in the UK have left the Bank of England cautious about cutting interest rates....
...“When the big retailers such as Marks & Spencer and Laura Ashley started to do off-shore sourcing in the ’80s and early ’90s, that was the death of a lot of textile companies in the UK,” Woodhouse says....
...In a single day in January, Nvidia’s market capitalisation rose by about $277bn — roughly equivalent to the market value of every listed company in the Philippines, according to HSBC....
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