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...Growth in its luxury division was more sedate, however, reflecting a soft market in mainland China and a crackdown on offshore travel retail by Beijing midway through the year....
...None more so than the venerable De L’Europe, which has stood at the confluence of the Amstel river and two canals since 1896 and is just completing a five-year renovation....
...Then the enterprise value to ebitda multiple would be 10.5 times at a €10bn valuation. That would be well below L’Oréal on 20 times and below the 12 times that Coty and L’Occitane trade at....
...This monumental trompe-l’oeil (until May 1) blurs the boundaries of time and place, fashioning a surreal architectural fantasy that draws a link between the grandeur of the station today and its history....
...French beauty company L’Oréal increased sales in the third quarter despite a more muted than expected recovery in China and a fall in travel retail in Asia....
...Until March 3; further information and tickets here ‘Loading: L’art urbain à l’ère numérique’ (Loading: Urban Art in the Digital Age), Grand Palais Immersif An exhibition exploring the evolution of urban...
...Before I experienced Barkley L Hendricks’ revelatory retrospective at the Studio Museum in Harlem in 2008, I had never seen more than a couple of his works at a time....
...The travel sector continues to benefit from a post-pandemic boom in demand, despite high inflation....
...Michel Chaudun worked at Maison du Chocolat before opening his own store on Rue de L’Université in 1986, cherished for its Wonka-like displays....
...June 15; further information and tickets here ‘Nijinski’, Opernhaus Zurich With Debussy’s “Prélude à l’après-midi d’un faune” and Chopin’s two piano concertos providing the musical framework, Marco Goecke...
...The investor group also includes private credit groups Ares Management and HPS, and L Catterton, a private equity group that invested in Equinox in 2017....
...Trading on a total enterprise value 7.7 times forward ebitda on capital IQ data, the chain comes in at a sharp discount to the branded sportswear stablemates as well as US peer Planet Fitness....
...February 15 to July 11; further information and tickets here Performance ‘Tribute to Morricone’, Teatro Arcimboldi Milano A 40-piece orchestra will accompany 100 choristers for an evening of symphonic time travel...
...L’Oréal last year bought Australian high-end cosmetics group Aesop from its Brazilian owner in a transaction with an enterprise value of $2.5bn....
...Bonus points for the perfect French omelette at its restaurant, Brasserie l’Émil. An 11/10 recommend....
...L’Appartement is available to visit by appointment only. Word travels via private shoppers and the “dear friends” of Cools’ high-net-worth clients....
...In front of Les Invalides there is a café with a big terrace called Café de l’Esplanade, with the same owners as Hôtel Costes....
...One French frigate, L’Oiseau, carted off 18,635 between 1759 and 1761 (as the naturalist Gerald Durrell noted when he described a visit here in 1976)....
...“It is another hard blow for the competitiveness of our sector and for the image of France, at a time when all the spotlights are on Paris 2024,” said the Union des Métiers et des Industries de l’Hôtellerie...
...The six ensuite cabins, staggered over two levels, evidence this beautifully, from custom Egyptian kilim carpets to the master suite’s trompe l’oeil landscape – made by Greek artist Athan Mytilinaios using...
...The wonder of his colour emporium is yet to fade. 105 Great Russell Street, London WC1B 3RY, cornelissen.com @l.cornelissen_and_son...
...Asked how APC’s relationship with L Catterton is developing, Touitou describes it as “fruitful”....
...Munich-based private equity group Aurelius is stumping up an enterprise value of just £207mn for The Body Shop. That is about a fifth of what Natura paid to L’Oréal in 2017....
...Head to Carrer de l’Argenteria for provisions: Sans & Sans sells teas, and Casa Gispert, a beautiful shop from 1851, roasts all sorts of nuts over wood....
...If this number were below $5bn Lyft would have a 6 per cent margin, ceteris paribus, though ceteris paribus really isn’t how P&L statements work....
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