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...This is an audio transcript of the Life and Art from FT Weekend podcast episode: ‘L&A — What young wine drinkers want’ Lilah Raptopoulos This is Life and Art from FT Weekend. I’m Lilah Raptopoulos....
...Paul L Colby Alexandria, VA, US...
...The chief executive of L’Oréal, the world’s biggest beauty company, has predicted that price increases will slow this year after they helped to propel growth in the global beauty market for the past three...
...More to the point, it carries a 40 per cent premium to the fast expanding luxury juggernaut LVMH. That sort of gap is only justified if L’Oréal is a significantly safer bet....
...Rapid growth in emerging markets including India, Brazil and Mexico provided a boost, accounting for 15 per cent of L’Oréal’s annual sales, but 30 per cent of its growth....
...Players reluctant to make such a bid cited the singleton and doubleton holdings in the major suits, but this is not valid....
...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....
...If West holds a singleton club, and East the singleton Q♥, there is nothing to be done but, if West holds a doubleton club, this may seal off East from being able to regain the lead....
...L Catterton said in a statement that the “delisting is a precondition to ensure the pursuit of the [Tod’s] future growth programs [sic] and consolidation . . ....
...One method might be to lay down A♦ in case West holds a singleton K♦ but, here, this fails, as West’s ♦J74 becomes a third-round winner....
...Perhaps South can overcome a 4-1 trump break if there is a singleton honour, but these thin contacts usually require some decent divisions....
...The towers reference Pope.L’s piece “Eating the Wall Street Journal” (2000), a performance in which the artist, dressed only in a jockstrap and doused in flour, sat on a toilet placed atop a tall, four-legged...
...French beauty company L’Oreal grew its sales in the third quarter despite a more muted than expected recovery in China....
...Formula E is looking for a new team to join its circuit, testing demand for electric car racing and pitching a far more affordable entry point to motorsport than Formula One at a time when valuations are...
...Charles Palmer Auckland, New Zealand...
...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....
...Three spades and five hearts is eight tricks; since to attack diamonds suggests that South held ♦KQ5, this now suggests short clubs, probably a singleton. Counting complete, West pounced....
...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....
...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....
...named a representative....
...The novels begin with the arrival of naive Cleveland native Mary Ann Singleton in a San Francisco that’s buzzing with pot, poppers and disco....
...That would bring them back to where they were a decade ago. Also on a multiple of sales, L Catterton’s offer looks underwhelming — just 1.7 times this year’s revenues....
...The review might have used Albert Camus’ L’Étranger (The Outsider) as a more useful analogy. I say this because the crises Roy describes as “novel” are perhaps not so novel after all....
...Alongside her career as an artist, Derhy, 38, is also the founder of Le Cercle de L’Art, an all-female collective that is rethinking the way artists navigate their careers....
...But what’s most entertaining is that the government goes ahead and shows the professor’s ongoing work calculating Alameda’s historical balances with FTX — basically the firm’s net P&L — from last year:...
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