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New York City comptroller accuses $9.4tn asset management group of giving in to ‘war against ESG’
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...“We are going to have a ‘world is not flat’ moment, when asset managers are going to realise we are not prepared to help people draw down,” said Bill Meyer, CEO of Retiree Inc, a retirement planning software...
Testimony in New York case pitting wealthy oligarch against the famed auction house has shed new light on high-end transactions
Dmitry Rybolovlev is seeking millions of dollars from the auction house for prices he claims were inflated
Dmitry Rybolovlev is seeking millions in damages over the purchase of famous works
Dmitry Rybolovlev had accused auction house of conspiring to overcharge him for works by da Vinci, Klimt and others
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...cash flow to invest in brand building while funding debt pay-down....
...Mattel’s own brand value rose from $588mn in 2022 to $701mn after the Barbie movie premiere, according to consultancy Brand Finance....
Fintechs face daunting task in taking business from the ‘800lb gorilla in the room’
...Further evidence comes from the likes of Stash of the US, which has made 62mn stock awards to shoppers at eligible brands since launching its stock-back debit card....
...The pair are best known for their handbag brands. Tapestry owns Coach and Kate Spade while Capri sells Michael Kors....
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T Rowe Price, Franklin Templeton and AllianceBernstein are among fund groups hit by higher interest rates
...Still, Delaware, Inc is going to have to decide whether its brand should be based on being an even-handed, dispassionate system or something more corporate-friendly, designed to keep up in a regulatory race...
...The British sportswear chain opened its first five US stores under the JD brand in 2018 following the $560mn purchase of Finish Line....
...German peer Adidas is coming back from a ghastly 2022, when China sales sank as consumers boycotted the brand for shunning cotton from Xinjiang over human rights abuses....
...never going to be as big a blockbuster as industry wanted and they don’t necessarily save money for Medicare [the federal health insurance scheme],” said Robert Przybelski, a geriatrician at UW Health in Madison...
...The antitrust regulator on Monday alleged that the acquisition would eliminate “head-to-head” competition among the groups’ brands, including Capri’s Michael Kors as well as Tapestry’s Kate Spade and Coach...
...Last month, Cook opened Apple’s largest store in Asia in Shanghai, demonstrating the brand’s commitment to the market despite falling sales....
...Online retailer Overstock.com bought its intellectual property for $22mn and has announced plans to relaunch the brand, driving its own shares up more than 60 per cent....
...And Musk’s outspoken posts on his social media platform X risk denting his car company’s brand....
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