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Sport
Red Bull turmoil is ‘damaging’ F1, says boss of governing body
...Red Bull Racing, the F1 team owned by the Austrian energy drinks group, declined to comment....
March 1, 2024
LexL'Oreal SA
Rare stumble has investors wondering if L’Oréal still worth it Premium content
...To begin with, L’Oréal’s problem was specific to its North Asia region. Sales there account for almost 30 per cent of the group total....
February 9, 2024
FT Live
Due Diligence Live
Where leaders in investment and finance meet
Tuesday, 8 OctoberLondon, UK
Luxury goods
Tod’s plans to delist from Milan stock exchange
...Following the transaction, which was announced late on Saturday, L Catterton would have a 36 per cent stake in Tod’s while the Della Valle family, which currently controls the group, would retain its majority...
February 11, 2024
Letter
Letter: Correcting your maths
...Paul L Colby Alexandria, VA, US...
April 8, 2024
L'Oreal SA
L’Oréal predicts price rises will slow as inflationary pressure cools
...Rapid growth in emerging markets including India, Brazil and Mexico provided a boost, accounting for 15 per cent of L’Oréal’s annual sales, but 30 per cent of its growth....
February 8, 2024
News updates from February 8: S&P 500 breaks through 5,000, Zelenskyy appoints new top general
L’Oréal predicts price rises will slow as inflationary pressure cools
...The chief executive of L’Oréal, the world’s biggest beauty company, has predicted that price increases will slow this year after they helped to propel growth in the global beauty market for the past three...
February 8, 2024
FT Live
Business of Luxury Summit
Gathering leaders in luxury for the 20th year
Sunday, 19 MayVenice, Italy
Correction
Correction: L’Oréal’s 2023 revenue growth
...Increases in the volume of products consumers bought contributed 4 per cent to L’Oréal’s 2023 revenue growth, while the rest came from pricing, not vice versa as wrongly stated in an article on February...
February 12, 2024
ReviewFilm
Orion and the Dark film review — Charlie Kaufman brings his singular vision to children’s animation
...Digital animation Orion and the Dark is about 11-year-old Orion (voiced by Jacob Tremblay), who is terrified of pretty much everything — mosquito bites, killer clowns, girls, rejection . . ....
February 1, 2024
Travel
A night with Van Gogh in Amsterdam
...None more so than the venerable De L’Europe, which has stood at the confluence of the Amstel river and two canals since 1896 and is just completing a five-year renovation....
April 16, 2024
Transcript
Transcript: L&A — What young wine drinkers want
...This is an audio transcript of the Life and Art from FT Weekend podcast episode: ‘L&A — What young wine drinkers want’ Lilah Raptopoulos This is Life and Art from FT Weekend. I’m Lilah Raptopoulos....
March 4, 2024
InterviewVisual Arts
Artist Pope.L’s last interview: ‘I try to set up mysteries for people’
...The marigolds lead to a butcher’s curtain that encloses a projection of Pope.L’s film “Small Cup” (2008), in which a group of hens and goats demolish what resembles the Capitol building in Washington, DC...
January 5, 2024
LexTod's SpA
Tod’s owner bid hardly looks luxurious for minority investors Premium content
...The luxury shoemaker’s controlling shareholder, Italian entrepreneur Diego Della Valle, has teamed up with LVMH-backed private equity group L Catterton to take Tod’s private....
February 12, 2024
News in-depthTod's SpA
Diego Della Valle cements French connection with planned Tod’s delisting
...If the parties involved in the deal cannot reach the 90 per cent ownership threshold needed to delist the company, L Catterton has said it will take the group private by merging it into the vehicle it used...
February 17, 2024
News updates from October 19: Jordan pauses US Speaker bid, Canada to pull dozens of diplomats from India
L’Oreal misses sales forecasts after ‘muted’ China recovery
...Sales at the group, which owns brands such as Garnier and Lancôme, grew 11.1 per cent on a like-for-like basis for a total of €10bn in the quarter ending September 30, coming in just below consensus analyst...
October 19, 2023
News updates from April 11: ECB keeps interest rates on hold; OJ Simpson dies aged 76
Zelenskyy accuses allies of ‘turning a blind eye’ as Russia intensifies air strikes
...President Volodymyr Zelenskyy scolded Ukraine’s western partners and pleaded for more air defences after a Russian air attack early on Thursday targeted critical infrastructure in five regions....
April 11, 2024
FT Live
Future of Retail
Securing long-term business growth with technology innovation
Tuesday, 17 SeptemberLondon, UK
Letter
Letter: China’s tortuous case for taking control of Taiwan
...Charles Palmer Auckland, New Zealand...
February 1, 2024
L'Oreal SA
L’Oréal sales growth curbed by muted recovery in China
...The ability to move growth around the group is clearly at work and shows how L’Oréal can continue to grow, even when a major part of its business is having a problem.”...
October 19, 2023
News updates from April 10: US inflation rises faster than expected; KPMG fined $25mn in cheating scandal
Former Rolls-Royce chief Warren East to chair UK’s air traffic control provider
..., and the disruption of air travel across Europe brought on by the pandemic and the war in Ukraine....
April 10, 2024
European equities
Europe’s ‘Granolas’ fuel record stock market surge
...The crunchy acronym was coined by Goldman Sachs for pharma companies GSK and Roche, Dutch chip company ASML, Switzerland’s Nestlé and Novartis, Danish drugmaker Novo Nordisk, France’s L’Oréal and LVMH, the...
February 23, 2024
News updates from January 4: US air strike kills Iran-backed militia commander, German inflation rises to 3.8%
Senior militia commander killed in Baghdad air strike, group says
...An air strike on a facility linked to an Iran-backed militia in central Baghdad on Thursday killed a high-ranking commander, the group said. It was not immediately clear who carried out the attack....
January 4, 2024
NATS Ltd
Former Rolls-Royce chief to chair UK’s air traffic control provider
...The UK’s air traffic control provider, National Air Traffic Services, has appointed former Rolls-Royce chief executive Warren East to be its new chair as the company looks to recover from a difficult period...
April 10, 2024
ReviewAlbums
Les Amazones D’Afrique: Musow Danse — Congotronic hustle
...On her way out of the group, former Amazone Rokia Koné bequeathed them Jacknife Lee, the producer of her striking second album, Bamanan....
February 7, 2024
War in Ukraine
European countries rebuff Kyiv’s calls for more air defences
...Speaking at the Three Seas summit in the Lithuanian capital Vilnius on Thursday, he said Ukraine had fallen into a “routine” in which it suffers Russian air attacks and then pleads for more air defences...
April 12, 2024
Shipping
CMA CGM and Air France-KLM abandon air cargo alliance
...French shipping group CMA CGM and carrier Air France-KLM are scrapping an air cargo partnership after struggling to get US approval to operate North American routes and deliver on the project’s promise in...
January 16, 2024
Personal & Household Goods
PAI Partners strikes €330mn deal for Italian haircare group Beautynova
...French luxury group Kering’s€3.5bn acquisition of fragrance brand Creed fetched a multiple of about 23 times ebitda, while L’Oréal snapped up Aesop — the minimalist maker of high-end soaps — in a $2.5bn...
March 18, 2024

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