Hints and tips:
Related Special Reports
...Formula One, which is owned by US group Liberty Media, and Ben Sulayem’s FIA are discussing the situation, according to people with knowledge of the matter. F1 and the FIA declined to comment....
...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...
...This “translates into an incompressible loss for our group, which is lossmaking in France,” he said....
...The money will come from the original 30 brand owners that backed its conception, tech groups such as Google, Meta, Amazon and TikTok, six media agency groups and contributions from ISBA members....
...On a media call, Simões stressed that would include “a clear strategy and a simpler investment case”....
...Formerly an investor in NTV, Italy’s private railway operator, other past investments span the sports, banking, media and design industries....
...Joy Group has also set up operations in countries including Japan, Malaysia and Canada....
...Theo Ajadi, a manager within consultancy Deloitte’s Sports Business Group, says the key risk is probably revenue growth around media rights, events and sponsorship....
...Munich-based private equity group Aurelius is stumping up an enterprise value of just £207mn for The Body Shop. That is about a fifth of what Natura paid to L’Oréal in 2017....
...WPP Open, its AI technology platform, is used by more than 28,000 people in the group and has been adopted by clients including L’Oréal and Nestlé....
...Gianluca Cantaro, a Milan-based editor and journalist who has worked for magazines such as L’Uomo Vogue and L’Officiel, says there is still a long way to go....
...Experience her radical oeuvre at the Jeu de Paume media arts centre in the Tuileries....
...The group’s goal for 2030 is to make that 95 per cent, including the development of entirely new ingredients....
...Christie’s total, up 17 per cent on last year, was boosted by 25 Surrealist works, which included the week’s top lot, René Magritte’s late “L’ami intime” (1958), hammering to little fanfare for £29mn (£33.7mn...
...The growth of private label categories helps keep consumer goods groups honest. But supermarkets don’t command much in terms of consumer loyalty....
...She opens instead with “La Vie en Rose” followed by “C’est Si Bon”. The menu is a roll-call of classic French dishes....
...Haute-Facture Haute-Facture – a group of artisans belonging to l’Ameublement Français, the association promoting furniture and interior manufacturing in the decorative arts – has created an “artistic and...
...Meta launched a social media app called Threads this week competing directly with Twitter, the app Musk has damaged with his ownership. Threads will feed off Meta’s Instagram service....
...This exhibition is both an ode to the pioneering group itself and a history of the nation’s cinema....
...Paris-based L’Oréal has also benefited from the strong global beauty market since the pandemic to increase annual revenues nearly 40 per cent compared to 2019 — although 2023 sales were below expectations...
...UBS co-head of investment banking Ros L’Esperance will lead a new so-called executive client group of top dealmakers targeting high-profile clients, Financial News reports....
...Haleon, the consumer products business spun out of UK pharma group GSK, is clearing its cache. It will offload ChapStick to private equity for $430mn....
...L’Oréal is already so large that Aesop will only add about 1 per cent to group sales annually — hardly a transformational bet....
...Media will be a strong theme here with results from Fox, News Corp, Disney, Thomson Reuters and The New York Times Company....
...Media groups more focused on traditional forms of advertising are already feeling the effects....
International Edition