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...Its investors included French billionaire François Pinault, founder of the luxury group Kering, alongside Pimco....
...The São Paulo-based group, which has already struck deals to sell luxury cosmetics brand Aesop and The Body Shop this year, has considered exit strategies including a divestment of Avon International, according...
...Golden Goose’s distressed trainers have become a status symbol among aspirational luxury shoppers in the US, according to New York-based luxury brand consultant Robert Burke....
...Despite persistent inflation, economic uncertainties and weakened consumer demand for fashion and luxury goods, the company reported an exceptional third quarter in February, surpassing sales and profit...
...But investors should not underestimate Starbucks’ staying power as an affordable luxury. So far, Starbucks says it has not seen much change in demand....
...world’s largest electric-vehicle maker last year, BYD has started releasing higher end models, the latest being its Yangwang U9 electric sports car with that price tag, to try its luck in the high-end luxury...
...Hollywood actor and environmentalist Leonardo DiCaprio will today be announced as an investor in ID Genève, Switzerland’s first luxury watch company to be awarded “B Corp” certification....
...Until now, local EV makers have either focused on affordable mass market EVs or high-end segments by rolling out supercars or full-size luxury SUVs....
...Three of Rupert Murdoch’s children were brought up to work at News Corp and Fox but his choice of Lachlan Murdoch as his successor may not end the matter....
...Anglo has sounded out potential buyers of its De Beers diamond business, including Gulf sovereign wealth funds, luxury houses and wealthy individuals in recent weeks, according to two people familiar with...
...Swiss bank Julius Baer on Monday said it was reviewing its private debt business after revealing a €606mn exposure — its single largest — to a “European conglomerate . . . in commercial real estate and luxury...
...A Farfetched rescue José Neves, the founder of the luxury retailer Farfetch, pitched himself as a technology nerd with an eye for fashion....
...Jobseekers can earn $2 an hour more in the fast-food industry than those who sign on for temporary roles at $16 an hour to build luxury SUVs, according to recent job postings on Indeed....
...Its move came after the UK said senior officials in the Iranian Revolutionary Guard Corps had plotted to assassinate two television presenters in Britain by hiring out the job to organised criminal gangs...
...Bracelets vs sneakers As the luxury industry’s biggest players — including LVMH, Hermès, Kering and Prada — prepare to present their annual results for 2023 in the coming weeks, analysts expect the gap between...
...Earnings: Tapestry, owner of luxury retailers Coach and Stuart Weitzman, will report earnings before the opening bell. Fox News and Wall Street Journal parent News Corp reports results this afternoon....
...Blue Apple Beach may have all the trappings of a party place, from the poolside DJs to the vibrant onsite workshop and boutique; but it’s also a certified B Corp business, run much of the time on renewable...
...She was brought on board at Richemont-owned Chloé — which in October 2021 became the first European luxury house to achieve B Corp status — to help drive a brand turnaround that is socially and environmentally...
...As well as the Hawaii event, for which some employees were brought in by private plane and which was held at a luxury resort, IRL spent liberally on another company event near Mont Blanc....
...ITB brokered deals such as Natalie Portman’s relationship with luxury French fashion house Dior....
...Fade in on Seth Rogen, cast as Gabe Plotkin, real-life founder of hedge fund Melvin Capital, gazing at his laptop in luxury driving moccasins. (Wardrobe speaks loudly in Dumb Money.)...
...She and her sister Christie left jobs in the luxury sector and branding to launch Otiumberg, the B Corp-certified demi-fine jewellery brand worn by Margot Robbie and Paul Mescal, in 2016....
...In January, Honda’s joint venture with GAC announced that it had discontinued producing and selling cars under the Japanese group’s luxury brand Acura....
...Meanwhile the luxury end of the market is trying to stay positive....
...With its “Dezervator” — a lift that transports residents to their luxury homes without ever leaving their cars — it’s a far more fitting office location for an up-and-coming hedge fund mogul than a pancake...
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