Hints and tips:
...Natura offloaded luxury Australian beauty outfit Aesop to industry rival L’Oréal earlier this year on an enterprise value of $2.5bn....
...Natura paid €1bn to acquire the business from L’Oréal in 2017....
...Brazilian company Natura paid €1bn to acquire the business from L’Oréal in 2017....
...It was bought by French cosmetics giant L’Oréal in 2006 and later acquired for £880mn by Natura in 2017....
...L&G said that it had written £13.4bn of pension transfer business globally so far this year....
...Paris l’Été may be a low-key festival compared to Avignon or Edinburgh, but its audiences are hardly short-changed. ★★★★☆ Festival runs to July 30, parislete.fr...
...One example is Aesop, the Australian high-end soap maker known for its vegan products, which Natura sold to L’Oréal in a $2.5bn deal earlier this year....
...And then Berkshire Hathaway. (Laughter) Katie Martin(Laughter) Berkshire Hathaway just gets in because it’s Berkshire Hathaway. Toby NangleI know. It’s in the rule book....
...Renaissance-inspired cutlery set comes in a wenge wood case. artemest.com Splatter scallop dish by Sharland, £28 Hand-painted and available in three colourways. sharland-england.com Rainbow table by Laura...
...Capital One’s stock has since recovered, boosted in part by Warren Buffett’s Berkshire Hathaway taking an almost $1bn stake....
...Laura Bailey was a guest of the Domaine de l’Île, Porquerolles, domainedelile.com Letter in response to this article: There’s nothing simple about defining luxury / From Wendy Lee, Gruissan, Aude, France...
...I am long Berkshire Hathaway. I know it’s very conventional to be long Warren Buffett and Berkshire Hathaway, but this is actually a view that I have not held traditionally....
...On sale from September 1. hay.dk L’art Plissé by Folkform, €1,200 This pleated textile design adds a warm glow to any space. folkform.se Titanio II Murano glass table light by Green Wolf Studio, £380...
...See 60 key paintings placed in conversation with works by 30 contemporary artists, including David Hockney, Ugo Rondinone and the late Mexican-American photographer Laura Aguilar....
...The L&G chief described the UK as a “low-productivity, low-growth, low-wage economy fraught by political infighting and that has to change.”...
...There is a reason this stock is so much of the Berkshire Hathaway portfolio. It is the safest, highly profitable business there has ever been....
...Hood for its foldaway bonnet-style hats (£49, l-hood.com)....
...Brics creator slams ‘ridiculous’ idea for common currency Canadian pension giant warns against UK plan to push schemes into private equity Richard Buxton says UK equity market in a ‘very sorry state’ L&...
...Robert ArmstrongI am long the late, great Charlie Munger — number two at Berkshire Hathaway, who died at the regal and stately age of 99 this week. He was the man....
...Drawing à l’infini presents nearly a thousand works — notebooks, drawings and engravings. The drawings illustrate Picasso’s constant process of reinvention and renewal....
...Warren Buffett’s Berkshire Hathaway got into that trade. There’s tons of interest in it. I think it wasn’t broadly expected that this would happen. Ended up being a really interesting trade....
...Virtuous Bankers: A Day in the Life of the Eighteenth-Century Bank of England by Anne L Murphy (Princeton) The story of how the 18th-century Bank of England became — in the words of Adam Smith — “a great...
...Things I enjoyed this week Laura Noonan and Owen Walker wrote an engaging FT Magazine piece on UBS chair Colm Kelleher....
...such as the linear, crystalline “Semiramis Building Babylon”, and in the five-square-metre “Bellelli Family”, the youthful masterpiece begun in Florence in 1858 portraying his sad, long-faced Italian aunt Laura...
...It’s another sign of the eye-watering prices buyers are willing to pay for top-shelf beauty brands, after L’Oréal shelled out $2.5bn for minimalist soap maker Aesop in April....
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