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...Like many other Chinese property groups that secured overseas funding, Evergrande is a sprawling collection of companies based onshore and offshore, with total assets of nearly Rmb1.7tn ($240bn) as of September...
...The collection is on display until April 29....
...The Macklowe auction was seen as a test of the art market’s recovery from the coronavirus pandemic, but this year’s spring sales are being watched as an indicator of whether war in Ukraine, Covid-related...
...The Walton family donated the land it sits on and Alice, Sam’s 73-year-old daughter, donated much of its collection....
...But the recovery has not been even. It is the large, conglomerate-backed brands with their vast geographic reach that have gained as smaller players have struggled, sold up or gone bankrupt....
...The Macklowe sale may prove to be a pivotal one as gallerists and auction houses look for signs of a recovery in the art market....
...Apple’s move to limit the collection of personal data on its devices is the latest case in point....
...The data collection app CommCare is used to flag problems with the panels, manage supplies and record attendance, test scores and teacher surveys....
...Imelda Marcos gained global notoriety in 1986 when the ousting of her late husband Ferdinand exposed her 3,000-pair shoe collection to the world....
...The group is “benefiting from a recovery in steel and aluminium markets which means that most of our businesses are running at near full capacity to meet high demand and are generating positive cash flows...
...The same goes for Raven’s popular collection of state of the art logistics parks in . . . Russia. Great business, but geography is a barrier....
...Not everyone is confident of a recovery in 2021: researchers at Bain believe luxury goods sales will not fully rebound until mid-2022 or 2023, given the state of the global economy....
...The amount spent on deals fell to £9.1bn in the three months to the end of June making it the second-weakest quarter in the past seven years, according to CoStar, a data collection company....
...One of the most well-worn items in his aphorism collection: “Be fearful when others are greedy, and greedy when they are fearful.”...
...Beyond the valuation and a bet on a recovery in global commodity prices, Berkshire’s investment is a gamble, say analysts....
...The brand recently reopened its five stores in Greater China and Mr Reiss said that while it was “hard to predict” a quick recovery there, he felt “strong about our brand strength in the country”....
...As flagship hotels go, the 190-room Four Seasons Tokyo at Otemachi sparkles like any other in the luxury hotel chain’s collection....
...But the argument for keeping the current collection “relies on the notion that those businesses can all be run optimally. Citi hasn’t shown that yet.”...
...UK LFL sales growth was +3.9% ex splits (+3.0% 3Q) and +2.6% inc splits (+1.4% 3Q). RoI LFL sales growth was -1.0% ex splits and -2.4% inc splits....
...The social media network has gone from scrappy start-up to multibillion-dollar public stock to plotting its own recovery in the space of just eight years....
...The collection of design agencies, casinos and sports teams adds up to a one-man conglomerate united only by Gilbert’s enthusiasms and Detroit (or nearby Cleveland, home to his Cavaliers basketball team)...
...Rather it is the “org chart,” a byzantine collection of lines and boxes ostensibly delineating who reports to whom....
...Apple is expected to unveil a bumper collection of upgrades to its iPhone, iPad and Watch at its next launch event, which has been scheduled for September 12....
...The recovery is entering a new phase as current majority shareholder, French luxury group Kering, sells down its Puma stake....
...Encore’s “fundamental view of Cabot as a clear leader in the European debt recovery market remains unchanged”....
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