DIRS.INFO The most relevant business & tech news

☆ Oasis launches a campaign at Kao Corp, but this battle is likely to be a difficult one
▼ + stars: | 2024-04-20 | by ( Kenneth Squire | ) www.cnbc.com time to read: +8 min

Activist Commentary: Oasis Management is a global hedge fund management firm headquartered in Hong Kong with additional offices in Tokyo, Austin and the Cayman Islands. The hygiene and living care segment provides fabric, kitchen, home, sanitary and pet care products. Kao Corp is a global fast-moving consumer goods company with a diversified portfolio of products spanning from hair and skin care to cosmetics and chemicals. Oasis has proven to be a value-creating activist in many situations and would likely be a valuable board member here, but this is not a typical Oasis activist campaign. On the contrary, the day after Oasis launched its campaign, Kao stated that the firm lacked sufficient understanding of its portfolio management and restructuring plans.

Persons: Seth Fischer, Molton Brown, Kao, Kao's ROE, Beiersdorf, Aoki, Tsuruha, Oasis, ROE, Ken Squire Organizations: Oasis Management, Oasis, Business, Kao Corp, Tokyo Stock Exchange, onboarding, Kao, 13D Locations: Hong Kong, Tokyo, Austin, Cayman Islands, Asia, Europe, Japan

☆ These are the stocks that will benefit — and lose out — from the wellness trend, Morgan Stanley says
▼ + stars: | 2023-11-08 | by ( Weizhen Tan | ) www.cnbc.com time to read: +5 min

The Covid-19 pandemic was a big factor behind the rising focus on weight and its implications for health, Morgan Stanley noted. CNBC Pro takes a look at the stocks Morgan Stanley says will be affected by those trends — both positively and negatively. Beneficiaries Morgan Stanley said "functional" foods, waters, skincare and cosmetics, and consumer health should be well positioned. Morgan Stanley upgraded its rating for Danone to "overweight." At risk Alcoholic beverages and soft drinks appear to be among categories most affected by the GLP-1 trend and the focus on wellness, Morgan Stanley said.

Persons: they're, Morgan Stanley, Mounjaro, Nestle, Remy Cointreau, Beers, Brewer, there's, Britvic, CNBC's Michael Bloom Organizations: Wellness, McKinsey, GLP, Walmart, CNBC Pro, Danone, United States —, Nestle, L'Oreal, Beiersdorf, Diageo, Brewer Anheuser, Busch Inbev Locations: Europe, United States, British

☆ Uber is moving its $600 million ad account from WPP to Omnicom
▼ + stars: | 2023-09-27 | by ( Lara O'Reilly | ) www.businessinsider.com time to read: +3 min

Uber is switching its $600 million ad buying business from WPP to rival Omnicom, according to two people familiar with the matter. Uber began a competitive pitch for its media business in March. Florian Adamski, Omnicom Media Group CEO, said in a statement that its agencies would make its "strategic data capabilities" central to its work for Uber. Omnicom media agencies have notched up a handful of sizeable wins since the beginning of July. New business has included the $585 million Beiersdorf account, the $150 million global HSBC business, and the $150 million brief from lottery operator Allwyn Entertainment, according to marketing industry tracker COMvergence.

Persons: Omnicom, WPP's, Uber, IPG Mediabrands, David Mogensen, Florian Adamski, WPP's GroupM, Adweek, IDComms, It's, Sean, Diddy, Combs Organizations: WPP, Omnicom Media, Omni, HSBC, Allwyn Entertainment Locations: Asia, Pacific

☆ Shelved L’Occitane buyout is no win for Hong Kong
▼ + stars: | 2023-09-05 | by ( ) www.reuters.com time to read: +2 min

A woman walks past a L'Occitane advertisement in Hong Kong April 19, 2010. Cosmetics retailer L'Occitane International S.A. plans to raise up to $708 million in a Hong Kong initial public offering, a source close to the deal said on Sunday night. Reinold Geiger has given up on his tentative plan to buy out the minority of shares he doesn’t already own of L’Occitane (0973.HK), a move that would have delisted the European skincare group from Hong Kong in the Asian hub’s largest take-private. The Austrian billionaire didn’t explain why he shelved the idea, which was probably a prelude to a relisting in Europe – mostly likely France. The appeal of such a move is unlikely to have diminished as global investors turn cold on both Hong Kong and China stocks, possibly for the long term.

Persons: Reinold Geiger, doesn’t, didn’t, Geiger, Una Galani, Thomas Shum Organizations: L'Occitane International S.A, Reuters, HK, Prada, Bloomberg, X, Thomson Locations: Hong Kong, MUMBAI, Austrian, Europe, France, China, Una

[1/2] Customers shop at a mall ahead of the Chinese Lunar New Year, in Beijing, China January 15, 2023. REUTERS/Tingshu Wang/File PhotoLONDON/MILAN/FRANKFURT/NEW YORK, March 1 (Reuters) - The world's top consumer and luxury goods companies have seen sales of everything from cosmetics to condoms grow in China since Beijing ended strict COVID-19 curbs, another sign that the world's No. Tourism from China was helping sales in neighbouring Macau, Hong Kong, Taiwan and even Japan, he added. Reckitt Benckiser, which makes Nurofen tablets, cold remedy Lemsip and Durex, saw a pick-up in China after a decline in volumes because of lockdowns. U.S. retailer Walmart Inc (WMT.N), which operates nearly 400 retail and wholesale stores in China, reported strong traffic in its stores since reopening.

☆ Лукашенко предложил ограничить транзит товаров из Германии через Беларусь в Россию и Китай
▼ + stars: | 2021-07-06 | by ( ) nokta.md time to read: +1 min

Занимающий кресло президента Беларуси Александр Лукашенко предложил ограничить транзит товаров из Германии в Россию и Китай через Беларусь. Он предложил поставлять товары в Китай и Россию через Финляндию или Украину. Лукашенко же поручил правительству и Национальному банку Беларуси «внимательно посмотреть» на западные компании, которые ведут бизнес в стране. Пресс-секретарь президента России Дмитрий Песков допустил, что ограничение транзита товаров из Германии в Россию через территорию Беларуси может нарушить экспортно-импортные цепочки. В апреле власти Беларуси запретили ввозить в страну продукцию Škoda Auto, Liqui Moly и Beiersdorf (ему принадлежит марка Nivea Men).

Persons: Moly, nokta, Александр Лукашенко, Лукашенко, Песков, Дмитрий Песков Organizations: БелТА, Национальный банк Беларуси, ЕврАзЭС Locations: Беларусь, Германия, Россия, Китай, Финляндия, Украина

☆ Беларусь может ограничить Западу транзит через республику
▼ + stars: | 2021-05-26 | by ( Mld Media Srl | Степанов Георгий | ) noi.md time to read: +1 min

Беларусь в ответ на санкционную политику Запада подготовила различные варианты зеркальных мер, включая эмбарго на ввоз товаров и ограничение транзита. Об этом премьер-министр страны Роман Головченко заявил в среду в парламенте, где проходит встреча парламентариев с президентом Александром Лукашенко. "Правительством по поручению президента подготовлен комплекс специальных защитных мер в полном соответствии с нашим законодательством. Меры будут весьма болезненными для стран, занявших откровенно враждебную позицию, - от эмбарго на ввоз товаров до ограничения транзита", - отметил премьер, слова которого приводит издание "СБ. "Предлагаем отрезвиться и подумать еще раз перед тем, как встать на скользкую тропу экономической войны, в которой не будет победителей", - отметил премьер-министр Беларуси.

Persons: Роман Головченко, Александр Лукашенко, Головченко Organizations: СБ, Совмин Locations: Беларусь, Запад, Минск

Search resuls for: "Beiersdorf"

7 mentions found