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News updates from March 21: US accuses Apple of building a smartphone monopoly; Reddit soars in New York IPO
Douglas shares trade down after IPO
...The Douglas listing is the biggest since Porsche’s IPO in 2022 and has been closely watched by investment bankers and investors, who hope it could mark the start of a rebound for Europe’s weak market for...
March 21, 2024
European companies
Will Douglas IPO be a dog or a darling?
...On Monday evening, German beauty products retailer Douglas announced a price range for its up-to €907mn IPO. For buyout giant CVC, this offering marks an investment milestone....
March 14, 2024
FT Live
Due Diligence Live
Where leaders in investment and finance meet
Tuesday, 8 OctoberLondon, UK
News in-depthCVC Capital Partners Ltd
How CVC struggled to makeover profits at beauty retailer Douglas
...The performance marks a sharp turnaround from recent years, with Douglas having had a torrid time during the pandemic....
March 10, 2024
European equities
Rolls-Royce topped European stocks in 2023
...London’s unfancied FTSE 100 index, which rose just 3.8 per cent this year against a 24 per cent jump in Wall Street’s S&P 500, was also home to high-street mainstay Marks and Spencer, which took the third...
January 1, 2024
European companies
Beauty retailer Douglas’s shares drop 9% in underwhelming Frankfurt IPO
...The listing of the retailer, which operates 1,800 stores across Europe, had been closely watched by investment bankers and investors who hoped it could mark the start of a rebound in Europe’s weak market...
March 21, 2024
Menswear
V-necks are back
...Douglas looked as though he’d thrown on something found at the bottom of Sharon Stone’s wardrobe, the morning after the night before....
April 8, 2024
FT Live
Financial Advice Forum
Optimising client centric advice in uncertain times
Tuesday, 24 September8-14 Cooper's Row, London EC3N 2BQ, UK
Due Diligence
Is private equity’s $3tn problem starting to ease? Premium content
...After five years of ownership, CVC still owned Douglas when the pandemic hit....
March 12, 2024
Climate change
Scotland ditches 2030 climate target as being ‘out of reach’
...“Scotland is halfway to net zero . . . but the hard work is still to come after years of missed opportunities,” said Mark Ruskell MSP, climate spokesperson for the Scottish National party’s coalition partners...
April 18, 2024
Oil & Gas industry
Hunt’s windfall tax on oil and gas spells trouble for Scottish Tories
...The windfall tax marks the “fourth tax raid on the North Sea in just two years”, he added....
March 9, 2024
Drug prices
Copycats take bite out of AbbVie’s best-selling Humira drug
...“You would think that any PBM would want to offer all the biosimilars available; creating that true competition would move the market,” said Mark Cuban, the US billionaire whose pharmaceutical discounter...
April 25, 2024
InterviewFashion
Giancarlo Giammetti: ‘We couldn’t launch Valentino today’
...When she wore a Valentino white dress at the premiere of Spartacus in 1960 and danced with Kirk Douglas, the photographs went around the world.”...
December 5, 2023
News in-depthRussian politics
Why Russian intelligence dismissed US warnings of terror threat
...For Douglas London, a retired CIA operations officer who sent that team to Moscow a few years ago, the events leading up to the March 22 attack on the Crocus City Hall concert venue this year — in which...
April 3, 2024
FT Asset Management
Asset Management: The downfall of Leon Black
...Enter stage right, Douglas Wigdor, a lawyer who measured in dollars is the undisputed legal leader of the #MeToo movement....
November 27, 2023
ReviewFilm
Anne Hathaway brings star quality to the thriller Eileen — film review
...But in glints of mood and style, the movie calls back to older artefacts: Hitchcock, noir, the great melodramatist Douglas Sirk. Heady mysteries hover....
November 30, 2023
Lex PopuliInvestments
London Stock Exchange plots a series of small wins
...Proof is provided by the verbiage this has occasioned: Ron Kalifa, Jonathan Hill, Mark Austin and Douglas Flint are among the luminaries to steer government-commissioned reports....
February 16, 2024
FT Live
Financial Adviser Service Awards 2024
Who gives you 5 star service?
Thursday, 21 NovemberNatural History Museum, Cromwell Road, London, UK
Leon Black
The downfall of Wall Street billionaire Leon Black
...Measured in dollars, a lawyer named Douglas Wigdor would be the undisputed legal leader of the #MeToo movement....
November 22, 2023
The Body, a photography special
The greatest footballers are masters of space
...(The Catalan writer Jordi Punti has noted the way Messi walks around during matches — “as if he has lost his keys or something” — seeming to chart or mark territory.)...
January 4, 2024
HTSI
Slow Cycling in South Africa
...The next morning, Morne’s equally charming son, Douglas, leads us through the heat to a cave beside a spring where he swam as a boy....
April 3, 2024
News in-depthFilm
Netflix is unlikely $70mn saviour of LA’s venerable Egyptian Theatre
...(Of the hieroglyphs, Egyptian Theatre expert Mark Simon says: “They tell absolutely no story whatsoever.”)...
November 7, 2023
News in-depthAxel Springer SE
Axel Springer’s OpenAI deal sets new template for media ties with Big Tech
...Douglas McCabe, an analyst at Enders, said that “journalism as an AI input is highly attractive . . . the training runs wide and deep: not just a bunch of new facts and commentary, but cultural references...
December 15, 2023
Helen Thomas
Let’s kill off the City’s old-fashioned paper fetish once and for all
...The outcome of Sir Douglas Flint’s review into digitisation of the UK’s shareholding system will have to grapple with the legacy of past failures....
July 5, 2023
Summer Books 2023
Best summer books of 2023: Literary non-fiction
...Metamorphosis: A Life in Pieces by Robert Douglas-Fairhurst (Jonathan Cape) An award-winning biographer of Charles Dickens and Lewis Carroll and a professor of English literature at Oxford university, Douglas-Fairhurst...
June 20, 2023
Interiors
Women woodworkers go against the grain
...“There are marks of the past in the pieces themselves.”...
November 3, 2023
ReviewHistory books
A Northern Wind by David Kynaston — taking the temperature
...On January 28 1965, Laurence Marks, a 16-year-old schoolboy, bunked off school with three friends to queue for hours in the freezing cold in order to file quietly past Winston Churchill’s coffin in Westminster...
October 3, 2023
Bet365 Group Ltd
Bet365 ‘cash machine’ keeps paying out for the house
...“I know how much poorer this city would be without Bet365,” added David Webster, chief executive of Stoke’s Douglas Macmillan Hospice, another beneficiary of funding from the Denise Coates Foundation....
January 12, 2024

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