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...He then worked his way up the ranks at Prada and Dolce & Gabbana before spending 14 years at Valentino, where he rose to become outgoing creative director Pierpaolo Piccioli’s right hand....
...Osteria San Michele, the restaurant, is open to the public, and draws them from far and wide (Villa Lena has done sustainable agriculture from the beginning, and the meals are beautifully plated as well...
...Chief executive Michele Buck said the company had increased its media spend to 7 per cent of net sales, its highest ever, in 2024....
...Typo watch A hawk-eyed reader caught a typo in our Friday interview with JPMorgan Asset Management’s Bob Michele....
...A further plea deal with former FTX coder Nishad Singh swiftly followed and prosecutors were fortunate to have the case assigned to Lewis Kaplan, a veteran judge known for his impatience with delaying tactics...
...Payments over Zelle rose nearly 30 per cent last year, to $629bn. That compares with just $244bn last year for Venmo, launched in 2009 and owned by PayPal since 2013....
...Kent with illustrations by Bianca Bagnarelli in a coming together of the world of literature, music and art. 3 Shades of Blue: Miles Davis, John Coltrane, Bill Evans, and the Lost Empire of Cool by James Kaplan...
...That rose to 85 per cent last year, while the most expensive quintile only took in 4 per cent of overall flows....
...“We think that the Fed is done raising rates,” said Bob Michele, chief investment officer at JPMorgan Asset Management. “We see enough signs of inflation moderating....
...Overall Kering’s sales rose 9 per cent last year on a comparable basis to exceed €20bn in 2022, thanks to growth in western Europe and Japan. Net profits rose 14 per cent to €3.6bn....
...The benchmark S&P 500 and tech-heavy Nasdaq rose to the highest levels since August and September 2022, respectively....
...Meaning that, as a pneumatic ceiling rose and then fell 30ft or so to shift the scale of the brand’s vast runway space in Prada’s Milanese art foundation, we were encouraged to ally this motion not to vacillating...
...Curator, artist and collector India Rose James has been hailed London’s “Princess of Soho” by the media....
...Anne-Sylvaine Chassany, companies editor Among many I remember this one, about the rise and fall of entrepreneurs in Xi’s China: She rose from poverty as China prospered....
...Editorial direction from Renée Kaplan. Assistant producer is Persis Love. Sound design is by Breen Turner, with original music from Metaphor Music. Produced by Novel....
...Average hourly earnings rose 0.4 per cent, more than expected and an acceleration from September’s increase. The annual pace steadied at 4.7 per cent....
...Recurring operating income rose by more than a quarter to €2.8bn in the first half, slightly ahead of expectations....
...With Alessandro Michele acting as “mythographer”, necklaces, rings and cuffs incorporate antique micro-mosaic cameos of Roman ruins and landscapes....
...He rose quickly through the ranks....
...Alessandro Michele said he based his February Gucci show around the suit because it was the most unfashionable thing he could do. It is refreshing that familiar things may not be so familiar any more....
...The disclosure was not detailed enough to show how Kaplan’s portfolio performed in a year when the broad market rose 16 per cent, although he held stakes in several high flyers, most notably Tesla....
...The drivers of strong European house price growth “remain a shortage of supply of in-demand properties, accentuated by shifting housing preferences during the pandemic, and low mortgage rates,” said Michele...
...Bob Michele of JPMorgan Asset Management suggested to me that the discounted bonds have an advantage in a falling rate environment....
...Even in the US, where the energy crisis is less pronounced, the cost of energy for consumers rose 24 per cent in August....
...Sales at the LVMH unit rose to almost €31bn last year, or 42 per cent on a like-for-like basis from 2019....
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