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H2O Asset Management
H2O’s auditor warns accounts ‘do not give a true and fair view’
...The FCA has also been investigating H2O’s conduct, but unlike France’s Autorité des Marchés Financiers, is yet to issue any fine or sanction....
March 3, 2024
Mergers & Acquisitions
More Heathrow shareholders plan to sell stakes alongside Ferrovial
...Canadian pension fund Caisse de dépôt et placement du Québec (CDPQ), Singapore sovereign wealth fund GIC and the UK’s Universities Superannuation Scheme all intend to exit, according to a person familiar...
January 16, 2024
FT Live
Business of Luxury Summit
Gathering leaders in luxury for the 20th year
Sunday, 19 MayVenice, Italy
Person in the News
Sabato de Sarno, the designer who must turn around Gucci
...De Sarno’s rise has been so precipitous that the Gucci documentary is entitled Who is Sabato de Sarno?....
March 23, 2024
Watches & JewelleryDeconstructed Watch
Deconstructed Watch: Tag Heuer Monaco Split-Seconds Chronograph
The model made famous by Steve McQueen in ‘Le Mans’ is back in a new, highly engineered version
April 9, 2024
FT News Briefing podcast12 min listen
Israel debates retaliation against Iran
Fears of regional war grow after Iran strike.
April 15, 2024
Venezuela
US reimposes oil sanctions on Venezuela after broken election promises
Biden administration says Maduro has ‘fallen short’ on pledge of free and fair presidential race
April 17, 2024
FT Live
Future of the Car
The technology and new business models shaping the next decade in automotive
Tuesday, 7 MaySancroft, Paternoster Square, London EC4M 7DQ, UK
Kering SA
Gucci owner Kering’s shares tumble 12% on profit warning
...“The jury is out on whether the Chinese will like the Sabato De Sarno quiet luxury . . ....
March 20, 2024
European prime property
Hot property: five homes for sale in Ibiza
...Who Kyero Villa, Sant Josep de sa Talaia, €5.9mn Where In the south-west of the island, between Sant Josep de sa Talaia inland and Es Cubells on the coast....
March 14, 2024
Watches & Jewellery
Ayrton Senna’s Tag Heuer watch finds its way back home
...Last week, former Tag Heuer marketing manager Mike Vogt drove to the brand’s headquarters in La Chaux-de-Fonds, Switzerland, to hand in a prototype watch he had been holding on to for 30 years....
January 26, 2024
Electric vehicles
Renault calls for European war chest to tackle Chinese EV competition
...But de Meo said his rivals would also benefit from a broader and more strategic European approach....
March 19, 2024
Renault SA
Renault cancels planned IPO of EV unit Ampere
...But the cancelled listing is still a big setback for de Meo....
January 29, 2024
News in-depthSociedad Quimica y Minera de Chile SA
China’s Tianqi Lithium’s $4bn bet on Chile at risk of backfiring
...But what it really wants is the opportunity, by whatever means, to operate in the Salar de Atacama.”...
April 10, 2024
Kering SA
François Pinault’s grandson, 26, replaces him on Christie’s board
...Over the past half-century, Pinault has amassed a collection of more than 10,000 pieces focusing on contemporary works that are shown in the museums he has built in locations including Bourse de Commerce...
April 4, 2024
LexLuxury goods
Gucci’s slump means the end of the luxury megatrend Premium content
...It is attempting to reshape its aesthetics from loud fashion to new creative director Sabato de Sarno’s quieter luxury....
March 21, 2024
Publicis Groupe SA
Publicis plans €300mn AI investment after exceeding growth targets
Decision comes as advertising industry faces existential threats from generative artificial intelligence
January 25, 2024
FT Live
Future of Retail
Securing long-term business growth with technology innovation
Tuesday, 17 SeptemberLondon, UK
International Airlines Group
IAG takeover of Air Europa faces fresh challenges in Brussels
...Lufthansa has agreed to take a 41 per cent stake in ITA Airways, the successor company to Italy’s Alitalia, while Air France has taken a 20 per cent stake in struggling Scandinavian airline SAS....
February 22, 2024
Style
The blouse is back in town
...The Egyptian-born Gaby Aghion, who founded Chloé in 1952 and introduced the first luxury ready-to-wear collection at a show at Paris’ Café de Flore in 1956, was also a blouse woman....
March 20, 2024
Electric vehicles
Can European carmakers stop China’s electric behemoth BYD?
...Renault had also begun talks with Volkswagen about collaborating on a low-cost EV project, De Meo said....
February 29, 2024
Fashion
The story of fashion’s love of literature
...Meanwhile, Adrian Joffe, president of Comme des Garçons, has confirmed that the next iteration of Dover Street Market, also opening in Paris this year, will include a book space called Librairie 1909....
February 21, 2024
Galderma SA
Dermatology giant Galderma aims to raise $2.3bn in Swiss IPO
...“This would also allow us to de-lever the company.”The announcement by Galderma, which is headquartered in Zug, Switzerland, comes in the same week as the CVC-owned perfume retailer Douglas said it intends...
March 6, 2024
Vale SA
BHP and Vale ordered to pay $9.7bn over Brazilian dam collapse
...The Rio de Janeiro-based company said it was maintaining contributions towards the non-profit Renova Foundation....
January 25, 2024
Danone SA
Danone lifts dividend as turnaround starts to pay off
...Chief executive Antoine de Saint-Affrique was brought in to lead Danone in 2021, following a crisis that led to the ousting of his predecessor Emmanuel Faber, with a mandate to turn around performance that...
February 22, 2024
Chile
Chile’s Codelco to control new lithium venture with miner SQM
Partnership is first step in President Gabriel Boric’s national strategy for battery metal
December 28, 2023
HTSIBig spring energy – an HTSI style special
12 spring beauty updates to try today
...Try Gucci’s Blush de Beauté cheek and eye powder in 02 Tender Apricot (£41), or Dior’s Diorshow 5 Couleurs in Mitzah (£55)....
February 6, 2024
Kering SA
Gucci owner Kering fails to reverse sales slide
...Collections from new Gucci designer Sabato De Sarno have yet to land in stores and so were not reflected in Kering’s results....
February 8, 2024

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