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Loblaw

May 3, 2013

Good results news for Estee Lauder, MasTec, Marriott, McGraw Hill and Loblaw, tough times for Loews and Volkswagen.

Good results news for Estee Lauder, MasTec, Marriott, McGraw Hill and Loblaw, tough times for Loews and Volkswagen.

Estee Lauder (2 May)
Estee Lauder, the skin care company controlled by the eponymous family, announced 2% sales increases for the third quarter of 2013 to $2.29 billion (€1.7 billion).

But profits rose dramatically to $178.8 million, as the group's restructuring efforts of the past couple of years began to deliver cost savings.

May 1, 2013

Primark, the British-based discount clothing chain, is offering compensation and emergency aid after a supplier’s factory in Bangladesh collapsed, claiming more than 400 lives.
 

Primark, the British-based discount clothing chain, is offering compensation and emergency aid after a supplier’s factory in Bangladesh collapsed, claiming more than 400 lives.

The Rana Plaza, on the outskirts of the capital Dhaka, collapsed last week. The building's owner, Mohammed Sohel Rana, has been arrested amid allegations of negligence and illegal construction.

December 19, 2012

From tortilla and coffee producers to luxury goods and retail groups, it’s been a week of acquisitions for family businesses in North America and Europe, with companies including Jon A Benckiser and PPR buying new assets.

From tortilla and coffee producers to luxury goods and retail groups, it’s been a week of acquisitions for family businesses in North America and Europe, with companies including Jon A Benckiser and PPR buying new assets.

Joh A Benckiser

Joh A Benckiser, the holding company of the German Reimann family, is to acquire the US’s second largest coffee operator – Caribou Coffee – for about $340 million (€258 million).

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