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...“Tax is a tremendous brand and I’m a big believer that you never dilute a brand that has meaningful value,” Griggs told the FT....
...The brand could cut into the unit’s overall value, despite generating strong cash flows, they said....
...Launched in 2006 and based in Stockholm, Vitamin Well is a food and drinks business that manages three main brands: flavoured water Vitamin Well, energy drink Nocco and protein bar maker Barebells....
...Despite the company’s misfortunes, analysts agree that Reckitt is at its core a strong business, with successful brands in a desirable category....
...Bernard Arnault’s son Frédéric has been appointed chief executive of LVMH’s watches unit, a role he says will result in “working more closely” with his billionaire father....
...Bankers at Morgan Stanley and JPMorgan have reached out to buyout investors to solicit interest for the ice cream business — which includes brands such as Wall’s, Magnum and Ben & Jerry’s — said people familiar...
...Under CVC’s ownership, Teneo has expanded into other areas through acquiring units carved out from larger corporations, including the purchase of the UK restructuring arm of Deloitte....
...A new unit, Chase Media Solutions, will help brands target the bank’s customers based on their spending history....
...Almost all leading brands that Macy’s carries want to sell directly to consumers these days....
...The three newly proposed changes to the DGCL have little to do with the doctrines that aggrieved Musk but highlight the agonising of lawyers about their state’s future when it comes to business....
...It is why many business leaders are beholden to a dozen or so go-to individuals — a brand of superadviser — who underpin these consultancies, such as Brunswick’s Sir Alan Parker, FGS Global’s Roland Rudd...
...The world’s fastest-growing major smartphone maker is now Transsion, the Shenzhen-based manufacturer behind the Tecno, Itel and Infinix brands....
...Those included the purchases of British make-up business Charlotte Tilbury, French brand Jean Paul Gaultier and Belgian fashion house Dries Van Noten.Additional reporting by Adrienne Klasa in Paris...
...The disposal of the retail unit, which has lower margins compared with its international car distribution arm, will help improve the group’s profitability....
...Founded as a unit of Lehman Brothers in 1995, GLG was eventually spun out independently in 2000....
...Barclays wants to increase its US credit card business, a notoriously difficult and crowded market, as well as its footprint in UK retail following its acquisition of Tesco’s banking business earlier this...
...This has created uncertainty at some of the international business units, the people added....
...While its Nigerian unit was hit, the telecoms company reported a 45 per cent increase in data traffic, and a 49 per cent jump in mobile money transactions....
...South Korea has become one of the most important markets for European carmakers, ranking among the top three Asia markets for global luxury brands with about 34,000 cars priced at more than Won150mn ($108,000...
...The group’s chief executive Amanda Blanc said the deal “opens up new opportunities to accelerate growth” in its general insurance business....
...Elliott is best-known as an activist investor that has taken on large corporations and governments....
...I only care about unit margin,” he thundered. “At Stellantis, you make money or you die”....
...“The activation of these PAFD units is a symptom of the leadership’s concern about the domestic social stability situation,” said Timothy Heath, senior international defence researcher at the Rand Corporation...
...The administration process for the UK operations is not expected to affect the brand’s global franchise partners....
...The latest deal will allow Holcim’s North America unit to speed up growth and could value the standalone business at more than $30bn....
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