Hints and tips:
...Hermès said on Friday that sales in the fourth quarter of 2023 grew 13 per cent to €3.36bn — ahead of forecasts from UBS — on top of already rapid growth in its biggest markets in North America and Asia...
...By contrast, Hermès’ Europe and US customers continued shopping at pace, with sales up 20 per cent in Europe and 18 per cent in the Americas....
...Sales in France advanced 24 per cent, while they grew 20 per cent in the Americas, a market dominated by the US....
...Osama Rabie, head of the SCA, gave no timeline for when it might be freed....
...All proceeds go to one of three charities – the Fondation de France, Feeding America or the UK’s National Emergencies Trust – as chosen by the bidder. theinvisiblecollection.com; until 29 April....
...North America was particularly strong in the fourth quarter because of new store openings, including New York and San Francisco....
...Elsewhere Hermès said that sales in Japan and America both rose 10 per cent during the first six months of the year, while in Europe (excluding France) they were up 9 per cent and its home market, where...
...Geographically growth was led by sales in the Americas, which gained 14 per cent, while the Asia-Pacific region was up 10.7 per cent....
...Crucially Asian demand appears to be holding up: sales were led by Asia excluding Japan, with revenues 15 per cent higher, and America, where they rose 12 per cent....
...Sales in Hermès’ home market of Europe were up 13.2 per cent and the Americas gained 8.2 per cent....
...SCA operates more than 200 surgical facilities in 30 states, reaching 1m patients, according to the company....
...Bank of America Merrill Lynch sterling and euro corporate bond indices were essentially flat on Friday after the vote, although the sterling non-financials index had already fallen 2 per cent since its peak...
Economist is finding unexpected allies — stock market investors
Disneyland’s first president who was dubbed ‘Jack of all trades, Master of Fun’
...“The test of fire will be in North America,” says Mr Asumendi....
£3.2bn London Paramount Entertainment Resort could create up to 27,000 new jobs
...That increase far outpaced the 7 per cent rise in the rest of Asia during the same period, 10 per cent rise in America and 7 per cent rise in Europe....
British singer and actress calls on fashion house to end association after claims of animal cruelty
...SCA’s chairman was ejected on January 22. That was 58 days after the first news story. Wednesday’s final management change came only 202 days later....
JPMorgan and Morgan Stanley set pace few are willing to match
Lesley Williams to become the first woman to chair the National Association of Pension Funds
...The SEC has some tools to mimic such oversight, such as treating large asset managers as “systemically important financial institutions”, says Sidney Wigfall, managing corporate counsel at SCA Compliance...
...Cost savings from the integration of SCA — a transformational acquisition three years ago — have all been made....
Done right a theme park investment can cover the cost of a visit
...Mr Roberts, who doubled the size of the group through the smoothly-executed acquisition of SCA Paper a few years ago, describes the market as “challenging”....
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