Hints and tips:
...On Tuesday, the next round of US presidential primary contests will be held in Nevada, though the next major contest will be later in the month in South Carolina....
...H: Commerzbank, L: Coinbase What was the name of the New Jersey deli that was at one point worth $100m?...
...Broker Berenberg said the share valuation will depend on how quickly L&G can achieve its total target for operating profit of between £600mn and £700mn by 2025....
...In “The P.S. Wings in the O.P....
...“Their P&L tend to be more stable than now in the past,” he added....
...like Lancôme and L’Oréal Paris....
...A cultural anthropologist at Duke University in North Carolina, the 55-year-old grew up cycling from Oregon to California on camping trips....
...The warehouse and distribution centre owners he plumped for have largely held their value this year, while his short positions on heavily indebted UK mall operators Hammerson (down 76 per cent) and Intu...
...Kohl’s, which analysts had hoped would manage to improve revenues during the festive season, reported a 0.2 per cent decline in like-for-like sales from a year ago, sending shares in the S&P 500 company...
...But the 82-year-old is also the longest-serving chief executive of an S&P 500 company, having run Victoria’s Secret’s parent company L Brands since 1963. This can lead to some strange views....
...Rutter, Shropshire Crossword 16,052: Trevor Mason, Hertford; Gareth Daves, Newport; Charles Barraclough, London Polymath 1,002: Terry Lavell, London Christmas Crossword: Steve Pattison, Pinehurst, North Carolina...
...Especially vulnerable are department stores and mall-based clothing chains that have long struggled to stay relevant in the age of Amazon....
...“Will shoppers that were forced to migrate to online shopping come back to the shopping mall, retail park, high street?” asks Tait....
...L-f-l rents down 27%: net rental income fell down to just £87.3m which represents a l-f-l fall of 27% (excluding premium outlets), as a result of covid and the reduced rent collection rate....
...L Brands was the worst performer in the S&P 500 on Friday, falling more than 7 per cent after Credit Suisse downgraded the Victoria’s Secret owner along with Macy’s and Gap to “underperform” from “neutral...
...to S&P’s credit analytics data that show they have the highest one-year probability of default....
...Results from L&G, TT Electronics and Elementis. ... Hostelworld and Wizz Air both give light warnings due to the obvious. ... Malarkey Tuesday. ......
...L’Oréal Sector: cosmetics / HQ: Paris, France Key stat: Online sales jumped 53 per cent in the first quarter....
...Wall Street is reviving a “big short” of the US retail sector ahead of a raft of earnings reports this week, even though earlier bets on a mall “apocalypse” have failed to pay off....
...the warehouses, which were first flagged in August, were compounded by new problems that cropped up at the luxury business, including packaging shortages and a hurricane in the US that affected a North Carolina...
...Among other laggards, Victoria’s Secret-owner L Brands, also mall-based, posted a dip in net revenues for the festive season....
...Consider what it would do to Bandersnatch’s P&L. “Don’t mind institutional investors. They’ll mouth off about price and earnings dilution and the rest. Yada yada yada. Call their bluff....
...At the other end of the retail spectrum, L Brands, which sells women’s clothing and beauty products, is down 39.5 per cent since the year began, the S&P 500’s worst performer....
...Department stores, clothing specialists and general merchandise chains are the three single worst-performing subsectors of the S&P 500 over the period....
...Offshore groups wholly or partly owned by Dalian Wanda have $10.7bn in long-term debt outstanding, according to S&P Global Market Intelligence....
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