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...Why do we overshadow it with negativity?”...
...Increases in the volume of products consumers bought contributed 4 per cent to L’Oréal’s 2023 revenue growth, while the rest came from pricing, not vice versa as wrongly stated in an article on February...
...Paul L Colby Alexandria, VA, US...
...Perhaps not. To begin with, L’Oréal’s problem was specific to its North Asia region. Sales there account for almost 30 per cent of the group total....
...This article has been corrected to make clear that increases in the volume of products consumers bought contributed 4 per cent to L’Oréal’s 2023 revenue growth, while the rest came from pricing, not vice-versa...
...The chief executive of L’Oréal, the world’s biggest beauty company, has predicted that price increases will slow this year after they helped to propel growth in the global beauty market for the past three...
...L Catterton said in a statement that the “delisting is a precondition to ensure the pursuit of the [Tod’s] future growth programs [sic] and consolidation . . ....
...I’m just not quite sure why I am now defaulting to a $30 chilled red instead of a nice old-school Chianti. So we have wine writer Hannah Crosbie on today....
...“It will be like being inside his head,” a member of the reception team enthused, not altogether reassuringly....
...The Price is Wrong: Why Capitalism Won’t Save the Planet finds that while wind and solar can now produce cheap electricity, their low cost is not always an asset....
...We did get calls from folks saying, why don’t you own more triple-C’s? And then there would be periods of time where volatility would spike and these triple-C-only managers would blow up....
...But in general, investors have not prospered by betting on underperformers to change....
...As we continued talking, it became evident that Pope.L was not interested in “showing” his work but in creating an atmosphere for the visitor to negotiate and orient themselves....
...It isn’t hard to see why EU carmakers might be keen on collaboration of some description....
...The logic of a company like Apple might be: ‘Why don’t we go on as long as we can and as far as we can because in the meantime we secure our dominance’.”...
...Not so minority shareholders, probably irritated that they are not being offered the same opportunity....
From Patrick J Allen, River Forest, IL, US
...Even if households often put the cost of living above jobs in their hierarchy of economic concerns, why is Biden not getting much credit for it either?...
...Why start a new industry when just on the other side of the English Channel the superfood, the delicious Helix pomatia, commonly known as l’escargot, is waiting to provide us with omega 3 equivalent to salmon...
...to launch the offer, which does not require an ownership threshold but must be put to a shareholder vote....
...French beauty company L’Oreal grew its sales in the third quarter despite a more muted than expected recovery in China....
...That would be well below L’Oréal on 20 times and below the 12 times that Coty and L’Occitane trade at. Spain’s largest IPO in years is so far looking good. andrew.whiffin@ft.com...
...Charles Palmer Auckland, New Zealand...
...Following a recent trip to China, L’Oréal chief executive Nicolas Hieronimus said he “was not super impressed by the market [because] as everyone says it has been a bit slow to recover” from harsh Covid-...
...“But not just workwear in the ‘blue-collar’ sense of the word. There’s this cinematic vision of the craftsman crouching over a table doing something repetitive, but today the reality is different....
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