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...“The hegemony of crewnecks has been going on for so long that the younger generations think the V-neck is a recent invention,” says menswear designer Oliver Spencer....
...Brioni has also amped up the polo shirt’s texture, weaving polos in a thick ribbed cotton and wool blend, while Zegna’s have a slouchy, oversized fit and dramatic scooped V-necks....
...A Marks and Spencer superapp would be catnip for investors and Middle England alike. Little wonder that a report claiming it was on the cards sparked the odd frisson....
...Its relatively higher funding costs could explain as much as half of the gap between last year’s core ROTE and those of its closest peers, thinks Autonomous Research....
...Without trade restrictions — which hurt European marques that still rely on China sales — it is difficult to see how that gap can close....
...Increasingly, companies or their investors are pointing to weak trading liquidity, or a supposed yawning valuation gap, compared with US peers for poor stock performance....
...The gap has since closed and reversed in the wake of the Family Dollar write down. This isn’t just a deal gone bad....
...Some of the government subsidies that bridged the gap have been withdrawn. Meanwhile, global price wars are hurting all combatants....
...But gaps between them have widened as all but one reported financial results over the past few weeks....
...The FTC’s move imperils efforts to build a US challenger seeking to shore up the gap with European conglomerates LVMH and Kering, which have grown to dominate sales of luxury handbags, shoes and clothing...
...gaps between futures prices and those of the underlying bonds....
...Look at stalwart TP ICAP: the part-creation of Michael Spencer is worth just £1.7bn, about half what it was when the entrepreneur sold out in 2017....
...With its ownership of Shoe Palace, which has a big presence on the US west coast, and DTLR, which is established in the east, JD is hoping to fill in the gaps in the US market....
...But the gap between the stronger services sector and the struggling manufacturing industry is widening....
...But Delta says that deliveries from Airbus will fill the gap. By contrast, rival United Airlines is asking its pilots to take unpaid time off because of the plane shortage....
...But, of course, there’s a reason why it’s widely called Shitibank; the sprawling, gormless Citi has for a v v v very long time proven adept at blithely ambling onto various rakes around the world....
...But rate differentials haven’t changed much in the past few months. The chart below shows the gap between Japanese and US two-year yields against the yen....
...Not only has the operating margin recovered but chief financial officer Spencer Neumann is predicting a margin of up to 24 per cent this year — a new high for the company....
...There is also a noticeable gap between Apple’s market cap growth and its profit expansion. Apple became a $1tn company in the summer of 2018. Since then its market value has almost tripled....
...Over the past 12 months, the KBW bank index has gained more than 20 per cent, compared with the 6 per cent increase for the regional banking index. The gap will persist. pan.yuk@ft.com...
...“Our historical bias is to build and not buy,” said Spencer Neumann, chief financial officer, in a video call with analysts....
...Like hedge funds in the Treasury market, many professional bitcoin traders target the basis trade — selling futures while buying the underlying spot and extracting gains from the small gap between the two...
...The key point of Mind the Gap is that investors too often buy high and sell low. Drill down, and it is instructive to see where the gap is widest and where it is the most narrow....
...“The momentum of closing that gap is pretty strong.” China started commercial driverless development in 2013, about five years after groups in the US....
...The proportion of non-executive vacancies filled by women fell to 51 per cent from 60 per cent a year earlier, according to Spencer Stuart’s UK board index due to be published today....
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