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...The Paris-based company’s growth was led by its dermatological beauty division — which houses brands such as La Roche-Posay and Cerave — followed by its mass-market consumer products division, its largest...
...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 Spanish company also scored a big win in 2022 when it fended off L’Oréal to acquire Byredo, a cult Swedish brand founded by Ben Gorham, a former basketball player.Asked why a founder would choose Puig...
...The chief executive said the group would continue to focus on its in-house supply chain following the acquisition of several high-end textile producers in Italy, including the latest footwear and leather...
...Demand and Supply: China’s ice cream brands outpace inflation with soaring prices Market failure: Would carbon food labels change the way you shop?...
...Unlike the group’s other companies, Sephora is not a high-margin luxury house but a multi-brand retailer, with a considerably lower price point and a more mainstream customer base....
...Chart du jour: Safe as houses The widespread drop in house prices in advanced economies has largely petered out, according to a Financial Times analysis, leading economists to predict that the deepest property...
...“This is just psychologically very reassuring to the industry,” said Theodore Paradise, a partner at the K&L Gates law firm, adding that the contracts will go a “long way to encouraging the sector and sending...
...The rush to secure manufacturing capacity comes as Wegovy and Mounjaro, which is also commonly prescribed off-label for weight loss, are in short supply, according to the US Food and Drug Administration....
...House prices across the EU fell for the first time for a decade last year, as strong growth in eastern and southern countries was offset by declines in northern states....
...She points to three examples: Suri repairable sonic toothbrushes, designed by a UK company and with heads made from plant-based plastic substitutes; the Fairphone, a Netherlands-designed repairable smartphone...
...A house on the move....
...Gaetz told the House he was introducing a resolution “declaring the office of Speaker of the House of the Representatives to be vacant”....
...More on COP28: Big business mixes with geopolitics at the expanded UN climate summit as critics label it “a trade show”. 2....
...requires intervention much earlier in the supply chain....
...Disney’s board has survived a coup attempt from an activist investor. And companies in China are setting up their own in-house militias. Plus, investors are not happy with Tesla....
...Stonegate, Britain’s biggest pub company which runs the Coach House, has announced it will charge pubgoers 20p extra for a pint of beer on busy evenings and weekends....
...Things turned around in 2019 after the Frenchwoman Marie Leblanc joined the company, first as product director and now as the fashion label’s CEO (beauty is managed by a separate company; Katia Beauchamp...
...Prices start at £1,770 for the 12-bottle Tête-à-Tête, rising to £14,300 for the V-Royale-L, a 124-bottle cabinet with adjustable ash shelves, UV protection, filtered air supply, vibration absorption and...
...Key economic and company reports Here is a more complete list of what to expect in terms of company reports and economic data this week....
...In a new paper, former White House climate adviser Paul Bledsoe and former trade official Edward Gresser suggest a neat solution: Europe could be cut in on some of the Inflation Reduction Act’s subsidies...
...Some businesses fear the region could end up in a regulatory “no-man’s-land” that could hurt its supply chains and competitiveness....
...“They both have ratings, maturity (drinking window), suffer from default risk, trade on financial markets (auction houses), and exhibit a fixed supply once issued (produced)....
...“People were slapping the organic label on a lot of other stuff; we’re going to see a lot of that,” he warns....
...Li & FungO: 6; L: 7; I: 7; Total: 20When the Hong Kong supply chain group sold its logistics arm, LF Logistics, to container shipping company Maersk in 2022, the in-house team took a central role by acting...
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