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...MainFT, last night: The Federal Trade Commission has sued to block US luxury goods group Tapestry’s $8.5bn acquisition of Capri Holdings, a move that threatens a bid to create a US rival to European giants...
...With its blond-wood floors, accent lighting and wraparound open shelves, the space more closely resembled a luxury boutique than any home wardrobe. That’s not the case for just celebrities either....
...The deal’s prospectus notes that Sotheby’s Financial was founded back in 1988 to enable “its clients worldwide to unlock liquidity in fine art, luxury items, and other collectibles through financing solutions...
...The world of luxury London estate agents has been awash with rumours about Azar, and his ambition to disrupt the business of selling multimillion pound homes to the global super-rich....
...After studying physics at university, Montfort landed a placement in the workshops at Hermès, where she devised scientific solutions to problems encountered by artisans working with silk and leather....
...“Knightsbridge is not the ‘bullseye’ of prime central London that it used to be,” says Will Watson of agents The Buying Solution, and predicts that prices will drop more this year....
...Spring’s solution — yet another restructuring effort — is unlikely to placate Arkhouse or excite shareholders....
...Uber Eats also said it planned to roll out identity checks, and Just Eat said it was working with industry and policymakers “to develop a solution which will ensure couriers substituting their work do so...
...Solution....
...“Nobody will support decarbonisation if it means giving up heating their home in the winter or cooling it in the summer. Or if the cost of doing so is prohibitive.”...
...These rules won’t provide a quick solution to shortages of affordable homes to rent. New short-term lets that are not used as the owner’s sole or main home will in future require planning permission....
...Its new plug-in hybrid Seal U DM-i, which has a starting price of $23,000 in its home market, is set to go on sale in the coming months....
...Other well-heeled but cash-strapped professionals are finding a more discreet solution to their financial woes in the thriving market for luxury pawnbroking services....
...But others, like Durham, are looking for tech solutions that might improve the experience of networking online....
...“After homes in different parts of London I kept coming back to Notting Hill as it’s the coolest and most authentic place,” says India, who works in luxury marketing....
...“There is no perfect solution,” Cerutti says, though he adds that a shift in the timing of the highest-wattage sales, to spread supply through the year, could help....
...Broadly speaking, solutions to these problems fall into two camps....
...“Away from home, our fans are fantastic,” he said. “But at home they have a few drinks and probably the prawn sandwiches, and they don’t realise what’s going on out on the pitch.”...
...The intrecciato is a solution that became an aesthetic. I love this.”...
...He had made his start in the entertainment industry in the early 1970s at an obscure, money-losing outpost of the Time Inc empire called Home Box Office....
...The New York fashion company is buying Capri Holdings, home to Versace, Jimmy Choo and Michael Kors, for $8.5bn including debt....
...“The most obvious solution,” he says, “is to pay care workers more.”...
...Now, they are even facing competition from overseas makers in their home market....
...The country’s real estate crisis has triggered a “negative wealth effect” of falling home prices. That, in turn, is prompting consumers to spend less and hoard cash....
...So, what is the solution for America’s broken childcare system? Some measure of continued and increased state support seems necessary....
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