Hints and tips:
Related Special Reports
...European coffee group JDE Peet’s is replacing its two top executives as controlling shareholder JAB Holding seeks to shake-up the owner of L’Or, Kenco and Douwe Egberts following a long period of underperformance...
...Luxury Australian marque Aesop was sold to L’Oréal for $2.5bn in April and last month Natura agreed to sell The Body Shop to private equity firm Aurelius for a fraction of the price it paid in 2017, after...
...F1’s operating profit rose by 64 per cent to $392mn in 2023 from a year earlier, as revenues jumped to $3.2bn from $2.5bn....
...This could represent a shift to a slightly more hospitable climate for L/S hedge funds, whose shorts have generally been a grisly mess over the past decade, he argues: Macro Matters for Hedge FundsRegardless...
...That would bring them back to where they were a decade ago. Also on a multiple of sales, L Catterton’s offer looks underwhelming — just 1.7 times this year’s revenues....
...Goldman Sachs gave it a go with the ‘Granolas’ or, more accurately, GRANNNLLASS: GSK, Roche, ASML, Nestlé, Novartis, Novo Nordisk, L’Oréal, LVMH, AstraZeneca, SAP, and Sanofi....
...The group has a record of profitable exits — such as 2023’s $8.6bn listing of German sandal maker Birkenstock — and Tod’s has a good potential to turn into another success story, say analysts....
...The Granolas as a group have climbed 18 per cent over the past 12 months beating the Stoxx 600’s 7.5 per cent rise over the same period....
...Shepherdson argues that declining S&L tax revenue augurs poorly for future S&L spending, as this chart shows: It’s a reminder to investors that markets are sensitive to changes, not levels....
...Using national level S&L data back to 1955, we find that changes in revenues over the prior year account for 40% of the variance in S&L consumption and gross investment....
...The investor group also includes private credit groups Ares Management and HPS, and L Catterton, a private equity group that invested in Equinox in 2017....
...Free cash flow, however, reconciles those book accounting accruals of the P&L ledger to capture the real flows of actual dollars coming in and out....
...That’s really problematic for the rest of us,” said John Duncan, co-lead for the Business Coalition for a Global Plastics Treaty, a group of more than 200 companies including Walmart, PepsiCo, and L’Oréal...
...The album originates from bootleg recordings of a show at L’Olympia in Paris, re-engineered for official release. The audio quality is decent....
...The Fédération de l’industrie Horlogère Suisse has released its export report for March 2024 and . . . hoo, boy....
...Mangano’s buxom, gum-chewing worker in 1949’s Bitter Rice standing hands-on-hips in a field, shortly before meeting an untimely end....
...But in Parisian, word reversal has been so standard for decades, or perhaps centuries, that it’s become a dialect unto itself, known as verlan — a word that itself derives from the reversal of “l’envers”...
...William Cohan, ‘The Last Tycoons: The Secret History of Lazard Frères & Co’ (2007) Favourite: Point of No Return, by John Marquand....
...Since 1990, missing the 30 best days of the S&P 500 cuts your compound returns in half....
...It was here that he met his wife, and in 1975 they set up their own business in a basement next door to the ultra-French Paris bistro L’Ami Louis, recruited a couple of Sicilian tailors and started to sell...
...Until February 26; further information and tickets here ‘Corps à corps: Histoire (s) de la photographie’ (Body to Body: History/Story (ies) of Photography), Centre Pompidou A show investigating how 20th...
...The FTSE 100’s big five lenders — Barclays, HSBC, Lloyds, NatWest and Standard Chartered — are expected to pay out £11.8bn in dividends this year, which is 15 per cent of the FTSE 100 total....
...An elite background might help you get a job at a multi-manager. You would not stay there very long unless you boosted the P&L....
...L&I ETFs do not currently pose a risk to UK financial stability, but this could change if they grow in popularity....
International Edition