Vimeo
LinkedIn
Instagram
Share |

l'oreal

January 19, 2018

Brunello Cucinelli sells stake to fund foundation, Walmart hikes wages but cuts staff, and L’Oreal grows Chinese skin

Brunello Cucinelli sells stake to fund foundation

Italian designer Brunello Cucinelli has sold 6% of his eponymous fashion house for nearly €100 million ($122 million), putting the money into his family foundation.

The shares, sold via an accelerated book build mainly to US institutional investors, mean the Cucinelli family—Brunello, his wife Federica and two daughters Camilla and Carolina—now own 51% of the business.

September 22, 2017

L’Oreal heiress Liliane Bettencourt dies at 94, Maersk ships off its tanker business for $1.17 billion, and Chinese next-gens reluctant to take the reins.

L’Oreal heiress Liliane Bettencourt dies at 94

Liliane Bettencourt, the heiress to the L’Oreal cosmetics fortune and the world’s richest woman, has died at home in Paris, aged 94.

Bettencourt, whose net worth was estimated at $39.5 billion, was the daughter of Eugène Schueller, who made a fortune as the inventor of modern hair dye and founder of L’Oreal.

Bettencourt was said to have adored her father, whose company she inherited on his death in 1957, her mother having died when she was five.

September 1, 2016

Family business Toyota shot up almost one-third in its brand portfolio value to $55.3 billion this year, in the latest annual evaluation of the world’s most powerful brands.

Family business Toyota shot up almost one-third in its brand portfolio value to $55.3 billion this year, in the latest annual evaluation of the world’s most powerful brands.

The Japanese company owned by the Toyoda family grew by 30% to become the fifth fastest growing portfolio of brands, according to branded business valuation and strategy consultancy Brand Finance.

January 26, 2015

Not one but two family business dynasties are in court this week, in generational battles questioning the decision-making ability of aging family members. 

Not one but two family business dynasties are in court this week, in generational battles questioning the decision-making ability of aging family members.

In the US, Tom Benson, the billionaire owner of pro-American football team the New Orleans Saints, will be in court over the future control of his sports and business empire.

And starting today in Southern France, 10 people will be answering to allegations that they capitalised on the mental frailty of L’Oreal heiress, Liliane Bettencourt.

July 11, 2014

Espirito Santo Group fears trigger stock sell off; Mori Trust meets increased tourism with new hotels; Rottapharm Madaus scrap IPO; L’Oréal buys back shares from Nestlé.

Espirito Santo Group fears trigger stock sell off; Mori Trust meets increased tourism with new hotels; Rottapharm Madaus scrap IPO; L’Oréal buys back shares from Nestlé.

Espirito Santo Group fears trigger stock sell off

Share prices at Portugal’s largest listed bank fell more than 17% on Thursday after parent company Espirito Santo International (ESI) missed debt payments “to a few clients”. 

September 4, 2013

A butler who secretly recorded private conversations between aging L’Oreal heiress Liliane Bettencourt and her lawyers, financial advisers and various politicians will stand trial, along with five journalists who published the tapes’ contents, for breaching French privacy laws.

A butler who secretly recorded private conversations between aging L’Oreal heiress Liliane Bettencourt and her lawyers, financial advisers and various politicians will stand trial, along with five journalists who published the tapes’ contents, for breaching French privacy laws.

Bettencourt's now former butler Pascal Bonnefoy created the tapes over a 12-month period between 2009 and 2010 by placing a hidden recording device in the drawing room of Bettencourt's mansion in suburban Paris.

August 28, 2013

America Movil backs sweetened Telefonica deal, Charoen Sirivadhanabhakdi looks to reduce debt with IPO, Pritzker Organization takes timber services company private, Maple Leaf Foods sells biodiesel and rendering business, and the Bettencourts rule out a L'Oreal sale.

America Movil backs sweetened Telefonica deal, Charoen Sirivadhanabhakdi looks to reduce debt with IPO, Pritzker Organization takes timber services company private, Maple Leaf Foods sells biodiesel and rendering business, and the Bettencourts rule out a L'Oreal sale.

America Movil
Telefonica has received the support of Dutch telecommunications company KPN’s biggest investor, America Movil, to acquire its German mobile unit E-Plus.

August 19, 2013

British pharmaceutical company leaves founding family’s hands, Carlos Slim launches new satellite, L’Oreal bids for Chinese business, and James Packer has high hopes for his gambling empire’s expansion into Japan.

British pharmaceutical company leaves founding family’s hands, Carlos Slim launches new satellite, L’Oreal bids for Chinese business, and James Packer has high hopes for his gambling empire’s expansion into Japan.

July 18, 2013

Remy Cointreau saw sales drop after a long run of steady growth, while L'Oreal and ABF had steady growth. In North America Hubbard Radio acquired 10 stations but Quebecor closed 11 newspaper titles. 

Remy Cointreau saw sales drop after a long run of steady growth, while L'Oreal and ABF had steady growth. In North America Hubbard Radio acquired 10 stations but Quebecor closed 11 newspaper titles.

Remy Cointreau
Family-controlled French spirits group Remy Cointreau has seen its sales drop 2.3%, like-for-like, to €263.7 million in the three months ended June 30.

Click here >>
Close