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...L’Oréal is not priced for its growth prospects, which are indeed strong and intact. Its valuation, at 34 times forward earnings, reflects safety and strength....
...Strong growth in Europe — L’Oréal’s biggest market — offset a fall in sales of 4.8 per cent in North Asia, which includes China....
...None more so than the venerable De L’Europe, which has stood at the confluence of the Amstel river and two canals since 1896 and is just completing a five-year renovation....
...Strong growth in Europe and the US — L’Oréal’s biggest markets — largely offset a fall in sales of 4.8 per cent in north Asia, which frustrated expectations for a 14 per cent jump....
...European stocks slipped on Friday as investors weighed a flurry of mixed corporate results, including strong performance from luxury group Hermès and disappointment from cosmetics giant L’Oréal....
...At €43 per share, L Catterton is offering a 17.6 per cent premium to Tod’s closing price on Friday. Though hardly a knockout, the shares have had a strong run recently....
...Asked on the media call whether the company was actively considering a sale of Cala, Simões said it was a “very strong franchise” but declined to comment on which businesses were “more or less strategic”...
...Haunted by past scandals, hobbled by strong federalisation, and limited by strict legal curbs on intrusive surveillance and information gathering, the BfV was for years regarded warily at home and by partner...
...Della Valle and Arnault have been friends for more than two decades and the deal with Tod’s deepens the already strong links between the two at a time when LVMH ’s sales and share price are storming ahead...
...The crunchy acronym was coined by Goldman Sachs for pharma companies GSK and Roche, Dutch chip company ASML, Switzerland’s Nestlé and Novartis, Danish drugmaker Novo Nordisk, France’s L’Oréal and LVMH, the...
...STRONG Sánchez Romate, Don José Medium Dry Oloroso NV Sherry (17.5%)Sad to see such a well-aged wine from an old family company being sold so cheaply....
...“We’ve gained very strong market share for luxury in China....
...“Our aim is to keep a strong authentic brand identity as we offer it to a wider audience.”...
...Just Group’s second half had some strong new business inflows, with little strain on its capital....
...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....
...The Spanish group gave his business the “strong shoulders” it needed to grow, including support for ecommerce and opening stores in China, he told Women’s Wear Daily....
...He pointed out that luxury growth had accelerated over the past 12 months, and demand for high-quality products remained strong in Europe and North America....
...L’Oréal, the world’s biggest beauty company, despite higher prices and a rocky start in the key Chinese market due to the lingering effects of Covid restrictions....
...Natura paid €1bn to acquire the business from L’Oréal in 2017....
...Strong stuff, undermined not a little by the sheer strangeness of “dog-face”....
...In Asylum, from 2018, a man with a megaphone opens and closes the show, leading the 18-strong group through scenes that blend military and choreographic discipline....
...The three continuation funds include two managed by the Chinese group Legend Capital and one by US-based L Catterton....
...A great story, a strong score, three world-class dancers: what could possibly go wrong? Plenty....
...L&G’s first-half results revealed operating profit of £941mn, down 2 per cent year on year but beating consensus analyst expectations of £834mn, lifted by a strong market for selling individual and bulk...
...It was bought by French cosmetics giant L’Oréal in 2006 and later acquired for £880mn by Natura in 2017....
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