Hints and tips:
...Demand for retro trainers and the Samba model in particular has soared in recent years....
...The economic pull from the US can be felt regardless of a valuation gap: London-listed Flutter, the world’s largest listed gambling company, does not feature in the ranking because it is trading at a premium...
...BAT, which sells premium brands such as Camel, has suffered. Its group sales guidance for this year will only meet the bottom of a 3-5 per cent growth range....
...Hoka and On, the Swiss company part-owned by the tennis champion Roger Federer, are taking more shelf space in premium sporting goods stores in the US and Europe....
...Furthermore, the authors find that this is not merely a “sin stock” effect, where disreputable corporations (makers of booze, guns, tobacco) trade at a discount....
...It is trading at a 50 per cent discount to book value, whereas JPMorgan Chase, for example, trades at an 80 per cent premium to book....
...One FT reader points out that British American Tobacco looks cheap on a like-for-like basis, compared with Altria in the US, and offers a dividend touching 10 per cent....
...Nevertheless, some local acceleration seems plausible given the regulatory changes occurring at the state level to permit insurers to charge higher premiums....
...However, the consumer business still managed to attract 21mn new free members and entice more premium subscribers in the US. It achieved organic revenue growth of 6 per cent....
...Four years ago Ned Awty quit his job at cigarette maker British American Tobacco to run his parents’ vineyard in Somerset, south-west England, because he had “had enough of corporate life”....
...The signature transaction in this innovative wave was KKR’s hyper-hostile, successful $30bn bid for food and tobacco conglomerate RJR Nabisco....
...The Swamp Notes newsletter (for Premium subscribers) discusses Trump’s options for his No. 2....
...The headline act from last week, COP28, rolls on — register here to watch FT Live events direct from Dubai, while premium subscribers can sign up here for Moral Money updates every weekday during the summit...
...In some senses, this echoes the “sushi samba” genre that has already taken root in New York, imported from places such as Peru....
...As a result, they can sell at a premium and consumers will not balk at the price....
...‘It’s not really where I’m at.’ ” Henry ManceOh, by the way, he said although he reads the FT that he’s not a premium subscriber. He can’t afford the premium subscription....
...The next most common concerns are weapons manufacturing (17 per cent) and tobacco (12 per cent)....
...policy of the tech group’s acquisition, including Full Disclosure, where in the latest edition legal correspondent Joe Miller looks at what has happened so far and the looming deadline for inking a deal (premium...
...Her challenges in the role will include managing inflationary pressures and growing the appeal of Diageo’s premium drinks at a time of strained household budgets....
...Still, the weekend is likely to be notable for its deep divisions, notes Brussels bureau chief Henry Foy [for premium subscribers], with a reminder that Europe and its allies are distinctly in the minority...
...Here’s a recent note from Barclays: Within the US the price premium for plant-based meat compared to animal meat is 67 per cent, while plant-based milk sells at an 87 per cent premium to normal milk, on...
...The Stockholm- headquartered group is the largest supplier of orally consumed tobacco and nicotine products in the US....
...Tobacco duty will also be uprated....
...It added that the new offer was a 52.5 per cent premium to the group’s share price before the original offer was made in May. Swedish Match shares closed at SKr110.3 on Wednesday....
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