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...Total electricity costs in 2022 amounted to €1.3mn. The family owns multiple other properties through several other companies in Italy and abroad....
...The deal values Tod’s at around €1.4bn excluding debt. LVMH will retain its 10 per cent stake in Tod’s after the transaction....
...Eskizzo wool Utah waistcoat, €109 Louis Vuitton gold and diamond Cuban Chain earrings, POA A.W.A.K.E....
...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....
...Sales at the group, which owns brands such as Garnier and Lancôme, grew 11.1 per cent on a like-for-like basis for a total of €10bn in the quarter ending September 30, coming in just below consensus analyst...
...The group also includes executives of Related Companies, private credit groups Ares Management and HPS, and L Catterton, a private equity group that invested in Equinox in 2017. Read more here...
...Plans to raise €1.25bn via listing could fund further deals and consolidate ownership of businesses in which it has acquired majority stakes....
...Shares in Hermès rose 5.1 per cent, helping the company overtake L’Oréal to become the second most valuable firm in France’s blue-chip Cac 40 index....
...Also on a multiple of sales, L Catterton’s offer looks underwhelming — just 1.7 times this year’s revenues. For reference, the buyout group recently floated Birkenstock at 5.5 times sales....
...Sales at the group, which owns brands ranging from Garnier to Lancôme, grew 11.1 per cent on a like-for-like basis in the most recent quarter ending on September 30, reaching €10bn, just below consensus...
...Nearly half are missing meals, the UN’s World Food Programme has warned, with 1.4mn people at risk of famine. More than 360,000 people are displaced....
...L&G posted an operating profit of £1.7bn, broadly flat on the previous year but below analysts’ consensus estimates....
...Peers e.l.f. Beauty, Coty and Estée Lauder were lower by 9.7 per cent, 5.1 per cent, and 4 per cent, respectively....
...Goldman estimates that the median short interest in S&P 500 companies is still remarkably low at 1.7 per cent, but is up from 1.5 per cent at the end of 2021....
...Although sales at Tod’s, whose brands include shoe label Roger Vivier and clothing and accessories labels Schiaparelli, Fay and Hogan, increased 11.9 per cent last year to €1.13bn, its share price has remained...
...Authorities reported a second mass jailbreak from the Croix des Bouquets prison, which holds 1,450 people, on the capital’s outskirts....
...Henry was last seen in public on March 1 in Nairobi, where he was seeking to hasten the deployment of an international security force to bolster Haiti’s overrun police....
...Luxury gym chain Equinox has raised $1.8bn from a group of private capital investors to refinance $1.2bn in debt maturing on Friday, winning it financial breathing room after the pandemic pummelled its business...
...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....
...Letter in response to this article: Kishida and Biden face a similar demographic crisis / From Michael W Hodin, Chief Executive, Global Coalition on Aging, New York, NY, US...
...However, the UK operations have struggled since the takeover, reporting a £1.5mn loss in the year to March 2023, according to accounts filed at Companies House....
...The $1.4bn Global X Artificial Intelligence & Technology ETF (AIQ) has sucked in $1.1bn over the same period, without a single week of outflows since February 2023....
...From bedding cut from white cotton sateen (from €1,200) and blankets (€2,800) to a pure cashmere bathrobe (€2,500) inspired by his belted trench coat, Browne has stuck to a very classic sensibility, defined...
...Bob McNally, president of consultancy Rapidan Energy and a former energy adviser to US president George W Bush, said the fallout from the Iranian strike could still propel prices “towards, if not beyond,...
...ancient) streets, the hotel has partnered with ArcheoRunning, whose guides lead guests on a fit-walk tour of Villa Borghese every Sunday morning Rooms and suites: 147 rooms and 15 suites Double: From €1,100...
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