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...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....
...This investment in revisiting questions was not to prove any point, but rather to engage the pleasure of conceptual and material ideas he had been tracking for decades....
...Wiley bellows his political points; Hendricks purrs of friends and acquaintances....
...It described the situation as having reached a “critical point”....
...Using national level S&L data back to 1955, we find that changes in revenues over the prior year account for 40% of the variance in S&L consumption and gross investment....
...“It’s a market that at some point will run out,” said Citi’s Baker. “As that whole market matures . . . does [L&G] just become a run-off company?...
...They point to the rise of passive, index-tracking funds, which automatically pour money into the largest stocks....
...But in beauty — which sells at a lower price point — Hieronimus did not anticipate a slowdown. “We remain an affordable indulgence and I don’t see major threats to that,” he said....
...“[Beauty is intended] to be an extension of what we try to do with the clothes: honest, straight to the point, with a little twist.” The brand’s unique formulations are a point of distinction....
...Dear reader, Everyone expects dealmaking to pick up this year — not a high-risk prediction given the collapse in activity in 2023 and the sporadic bouts of euphoria every time some data point or another...
...“Previously, older borrowers may have used [mortgages] for home improvement, travel or to help a younger family member get on the property ladder,” said David Hollingworth, associate director at L&C, a mortgage...
...Its starting point is most dancers’ greatest fear: a grave injury, here to Otero’s back, following years of daredevil performances....
...From a formulating point of view, Dögg Guðjónsdóttir also points out that biotechnology is not quite at the level where it can do everything — yet....
...Solvency reforms should shave another percentage point from the capital ratio. As L&G takes on liabilities, it creates assets to back them. Homebuilding has been a key aspect of Wilson’s tenure....
...The FT’s leader “England’s ill-fated experiment with privatising water” (FT View, July 1) rightly points out that Thames Water privatisation was bungled and has resulted in a first-class mess....
...Though that capital is released into the income statement over time, this process mutes earnings growth from new business, points out RBC Capital Markets....
...L’hôtel de Maisons, however, wasn’t the first choice....
...Gianluca Cantaro, a Milan-based editor and journalist who has worked for magazines such as L’Uomo Vogue and L’Officiel, says there is still a long way to go....
...Kai L Chan Abu Dhabi, UAE...
...“We had a lot of good news in recent months, helped by falls in inflation,” said David Hollingworth, associate director at broker L&C Mortgages....
...But a number of brands have addressed this problem cleverly, such as The Nue Co Topical-C, which uses the most stable form of vitamin C, L-ascorbic acid, in a powder form, and in an opaque bottle that’s...
...for set of three, matchesfashion.com Lukhanyo Mdingi viscose-mix knitted fringed maxi dress, £1,495, net-a-porter.com Ulla Johnson cotton Freda embroidered shorts, £342, net-a-porter.com Dior raffia C’...
...That’s the point....
...“Note that Vodafone has cut its dividend once in its history while BAT has never done so — in fact, the smoking giant can point to a streak of increases in its annual dividend payment that stretches back...
...Getting to this point has not been without challenges....
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