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...The Ladbrokes owner is reviewing the future of businesses, including a number snapped up by former chief executive Jette Nygaard-Andersen, and this month hired Wall Street boutique advisory Moelis, according...
...People close to the talks said EssilorLuxottica would be the best fit for Marcolin....
...However Peel Hunt analyst Ivor Jones said the brand’s high popularity would not automatically mean more retail investors, “You can see [FanDuel’s] brand name everywhere, it’s advertising at the Super Bowl...
...Puig’s brand acquisition strategy is adding up. Its sales were ahead of the market last year, up by 19 per cent with make-up and skincare up by 23 and 31 per cent respectively....
...Some names are on an almost constant merry-go-round. Dessert maker Ministry of Cake went through three owners, trade and private equity, in a decade. At first blush these may seem unlikely deals....
...The buyer of hundreds of stores in Europe and Asia was described as an unnamed “family office” by the chain’s new private equity owner Aurelius, which made no mention of having ties to the acquirer....
...Six of the Magnificent Seven Big Tech stocks were higher, with Tesla the exception....
...Sharing my name didn’t help and they had to gain respect from their managers with their work in the company.”...
...Fashion businesses have long been family-run — think of the Pradas, the Arnaults, the Guccis, the Versaces and the Laurens, to name a selection....
...Primark is the market leader by volume and Next is a close number two to M&S by value, they added....
...Another person close to the club said Circle 33 did not make enough money, forcing the owners to decide against renewing the lease....
...It crops up again as long-cut tobacco in Django Unchained (2012), which is set in 1858, making it one of the oldest cigarette brands....
...Elsewhere on Wednesday… — Prisoners in the US are part of a hidden workforce linked to hundreds of popular food brands (AP) — The biggest data protection fight you’ve never heard of (Rest of World) —...
...It puts Tarry in the driving seat as the owner of department store John Lewis and upmarket grocer Waitrose enters the next chapter of a painful turnaround after almost five years under Dame Sharon White....
...Tuesday Pakistan: Senate elections Wednesday US: nomination period closes for the selection of the next managing director of the IMF....
...By mid-afternoon, the S&P 500 was up 0.08 per cent and the Nasdaq down 0.1 per cent with big names including Apple, Tesla and Meta in the red....
...Under the terms of the agreement, he is a seller at €43 per share — albeit only of a 10.5 per cent stake. He will keep 54 per cent. LVMH, which owns 10 per cent of Tod’s, will also keep its stake....
...In the case of Iittala, the world of the home changed around it, but until now, it hadn’t really caught up. For a while, Iittala has been a brand somewhat behind the times....
...The group gained prominence buying stakes in household-name brands from Debenhams to Formula One to the maker of PG Tips tea.CVC has previously come close to going ahead with a listing, only to pull back...
...But for F1, the Red Bull drama is a major, unwanted distraction. The head of F1’s governing body told the FT last week it was “damaging the sport”....
...ULTIMATE UTILITY Bellows pockets, rolled-up sleeves and utilitarian fabrics were front and centre of some of spring/summer’s key collections....
...The basket of blue-chip US stocks rose as high as 5,000.4 on Thursday, seconds before closing the session up 0.1 per cent at a record 4.997.91....
...But the approach of the new owners appeared to backfire. Frasers did not pay around 200 brands, which in turn refused to send new inventory....
...“If you look at the south of France now, a lot of the marinas are close to the end of their concession, so this is the start of a whole wave of upgrades.”...
...One can’t help but wonder if — and how much — resistance to change comes from the Ferragamo family, who remain owners of the business....
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