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☆ Cartier owner Richemont sees growth easing as economic worries rise
▼ + stars: | 2023-11-10 | by ( ) www.reuters.com time to read: +2 min

Richemont's constant currency sales growth eased from a 19% rate in the April to June period to a 5% rate in the following three months. The company posted a profit of 1.51 billion euros, worse than the 2.17 billion euros forecast by analysts in a consensus cited by Zuercher Kantonalbank. "Growth eased in the second quarter as inflationary pressure, slowing economic growth and geopolitical tensions began to affect customer sentiment, compounded by strong comparatives," said Chairman Johann Rupert in a statement. "Consequently, we have seen a broad-based normalisation of market growth expectations across the industry." While jewellery - traditionally more resilient to economic swings - continued to shine with constant currency sales up 9%, watch sales fell 4%.

Persons: Regis, Cartier, Vacheron Constantin, LVMH, Zuercher Kantonalbank, Johann Rupert, Kepler, Jon Cox, John Revill, Mimosa, Miranda Murray, Shri Navaratnam, Tomasz Janowski Organizations: Cartier, Vendome, REUTERS, Rights, IWC, Thomson Locations: Paris, France, Swiss, United States, Europe, China

The entrance to JPMorgan Chase's international headquarters on Park Avenue is seen in New York October 2, 2012. It is the bank's third-biggest city in the European Union in terms of staff with 900 people, coming after Warsaw (1,200) and Dublin (more than 1,000). In the wake of Britain's exit from the European Union, JPMorgan bought a seven-storey building near its historic headquarters in the first arrondissement to house more employees. JPMorgan will commit $50 million of the $60 million investment and Bpifrance will provide 10 million euros ($10.66 million). The aim is to raise between 150 million euros to 200 million euros by the end of 2024, the U.S. lender said.

Persons: Shannon Stapleton, Bpifrance, Cartier, Louis Vuitton, JP Morgan, Jamie Dimon, Mathieu Rosemain, Anousha Sakoui, Louise Heavens Organizations: JPMorgan Chase's, REUTERS, Rights, JPMorgan, U.S, European Union, Gardens, Justice, Ritz Paris Hotel, Spark, JPMorgan Asset Management, Thomson Locations: New York, France, London, Paris, Europe, Warsaw, Dublin, U.S, Vendome, Spark France

☆ 12 Couture Looks That Are Out of This World
▼ + stars: | 2023-11-04 | by ( Photography Markn For Wsj. Magazine | Styling Alexandra Carl | ) www.wsj.com time to read: 1 min

Dolce & Gabbana Alta Moda jacket, price and availability upon Dolce & Gabbana Alta Moda jacket, price and availability upon request - +39-0277884730, Schiaparelli Couture headband, price upon request, Schiaparelli, 21 Place Vendôme, Paris, Wolford underwear, $65, WolfordShop.com, Darner socks, $44, DarnerSocks.com, and shoes courtesy of Trust Judy Blame archives, more information at info@trustjudyblame.com

Persons: Judy Organizations: Gabbana, Dolce Locations: Paris

PARIS (AP) — An afternoon of stardom, surprise and style reverberated in the heart of Paris Fashion Week on Saturday. As Andreas Kronthaler for Vivienne Westwood unfolded, it became clear: Fashion’s wild heart is alive and beating stronger than ever. The eccentric behind this show is no stranger to the spotlight, and it’s clear he’s carving his niche within the Westwood legacy. Political Cartoons View All 1190 ImagesDelving into Kronthaler’s history with Westwood, one can trace his growth. Anderson hailed Westwood as a “climate revolutionary,” expressing her deep respect for the designer’s proactive stance on climate change.

Persons: Andreas Kronthaler, Vivienne Westwood, Pamela Anderson, Christina Hendricks, he’s, Ariel, Westwood, PAMELA ANDERSON, VIVIENNE WESTWOOD, Anderson, ” Anderson, Stella McCartney, Chloe, “ Vivienne, Don’t, Louise Trotter, trailblazer Marie, Louise Carven, Ma Organizations: PARIS, Westwood, VIVIENNE WESTWOOD SHOW, Associated Press, trailblazer Locations: Paris, Vendome

The DVD business destroyed competitors like Blockbuster and altered the viewing habits of the public. Once Netflix began its streaming business and then started producing original content, it transformed the entire entertainment industry. Even before the strikes, streaming had rendered DVDs obsolete, at least from a business perspective. In comparison, Netflix’s streaming revenue for the same period reached $6.5 billion. (One hundred people at Netflix still work on the DVD side of the business, though most will soon be leaving the company.)

Persons: Catherine Deneuve Organizations: Blockbuster, Netflix Locations: Hollywood, Fremont , Calif, Trenton, N.J, Dallas, Duluth, Ga, Anaheim

Our experts answer readers' credit card questions and write unbiased product reviews (here's how we assess credit cards). The World of Hyatt Business Credit Card is offering a new, higher welcome bonus. World of Hyatt Business Credit Card Apply now lock icon An icon in the shape of lock. World of Hyatt Business Card review External link Arrow An arrow icon, indicating this redirects the user." You can read all the details in our World of Hyatt Business Credit Card review.

Persons: Hyatt, it's, I've, you'll Organizations: Hyatt Business, Service, Hyatt, Card, FDIC, Manchester Grand Hyatt San, Hyatt Paris Locations: Wall, Silicon, Hyatt, Manchester Grand Hyatt San Diego, Dublin

☆ A Longtime Barman at the Ritz Paris Makes a Clean Dirty Exit
▼ + stars: | 2023-05-31 | by ( Dana Thomas | ) www.nytimes.com time to read: +2 min

“Pierce Brosnan would come on his own and say, ‘What should I drink?’” Mr. Field recalled. “They sent a lovely letter back that read, ‘Once you have done hotel school, please don’t hesitate to contact us,’” he said. He saved his money to attend the Ferrandi hotel school on the Left Bank of Paris. It was there, in the “dungeonlike basement bar,” Mr. Field said, that he first met Ms. Moss, with Johnny Depp, her boyfriend at the time. For men only, the Ritz Bar was where Ernest Hemingway and F. Scott Fitzgerald famously drank their way through the Roaring Twenties.

Persons: “ Pierce Brosnan, Field, “, ’, James Bond, ’ ”, Oscar Wilde, Moss, Johnny Depp, César, ”, Marcel Proust, Ernest Hemingway, Scott Fitzgerald Organizations: Rugby, Ritz, Left Bank of Paris, César Ritz, “, Bar, Ritz Bar, Le Locations: Paris, England, Swiss, Chanel

But with flights remaining limited after China's border reopening in January, European luxury stores will need to wait longer for the return of masses of tourists they once depended on for growth. The average transaction value by Chinese travellers in Europe in March was 28% above 2019 levels, UBS said, citing data from VAT refund provider Planet. Cartier-owner Richemont (CFR.S), Hermes (HRMS.PA) and LVMH were best placed to benefit from wealthy Chinese shoppers, UBS added. As wealthy Chinese return to Europe and other foreign destinations, the appeal of China's Hainan Island, a duty free shopping hotspot, appears to be waning among top luxury spenders. China's "higher income, top luxury spenders (are) already travelling abroad again," she said, leading to an observable lower per-capita spend in Hainan.

☆ Police hunt suspects after robbery at Bulgari store in Paris
▼ + stars: | 2023-04-29 | by ( ) www.reuters.com time to read: 1 min

PARIS, April 29 (Reuters) - An investigation is underway to find the suspects who carried out an armed robbery at a flagship Bulgari store in central Paris on Saturday, said the Paris prosecutor's office. The robbery took place earlier in the day at Bulgari's store on Place Vendome - which had already been robbed in 2021. Bulgari is owned by French luxury goods company LVMH (LVMH.PA). Reporting by Sudip Kar-Gupta; Editing by Sandra MalerOur Standards: The Thomson Reuters Trust Principles.

☆ Inside Qatar’s ‘city of the future’
▼ + stars: | 2023-04-24 | by ( Ulrike Lemmin-Woolfrey | ) edition.cnn.com time to read: +8 min

Like others, it has moved from the capital Doha to this, Qatar’s newest city – 10 miles north. Andrej Isakovic/AFP/Getty ImagesLusail claims to be Qatar’s first sustainable city – no easy task for a newbuild in the desert. There’s an extensive choice from food trucks at the Lusail Marina Food Arena, abundant cafes, and fine dining restaurants.”A sprawling city of the futureThe Marina area is fast proving a hit for residents. Al Tara – the district, by Al Maha Island, where Warner lives – is home to the Lusail Marina. There is a rumor – as yet unsubstantiated – that Lusail might eventually become Qatar’s capital city.

☆ 16 best hotels for Christmas celebrations
▼ + stars: | 2015-12-03 | by ( Marnie Hunter | ) edition.cnn.com time to read: +14 min

On Christmas Eve, there’s a Season’s Greetings Dinner ($125 per adult; $55 per child) and a service in the resort’s chapel. On Christmas Day, puzzles and board games, indoor planetarium presentations and a Christmas musical will keep families entertained. Christmas Eve and Christmas Day dinner will be served at both Olivella and The Oak, and there’s a grand buffet on Christmas Day at The Farmhouse ($195 per adult, including wine; $65 for children 12 and younger). Eloise, the hotel’s famous fictional resident, lends her name to a children’s tea available for $118 per child. The Circle will host a buffet brunch on Christmas Eve and Christmas Day ($285 per person; $100 for children 12 and younger).

Persons: there’s, There’s, Eloise, Chiang Rai, Thailand’s Chiang, Chiang, Rebekah Sampson, doesn’t, brunch, Dennis Boon, Hôtel, Crillon, King Louis XV, Hôtel de, Paris Willard, Willard, Robin Bar, England Madeline, Whit Richardson, Madeline, Morocco Royal Mansour, stunner, Royal Mansour, Hélène Darroze, Jean Lachenal, Rue Abou El Abbas Sebti, Henry Morrison Flagler, Christmastime, Proust, Louis Vuitton, Claridge's, Father Christmas, Claridge’s Organizations: CNN, Scottish Highlands, Royal, Court, Park, Chiang, Scottsdale , Arizona Families, Scottsdale Princess, Scottsdale , Arizona Rock, Rock House, Jardin, Concorde, Paris Willard InterContinental, Washington, Willard InterContinental, DC, Hampshire, Residences :, Auberge, Residences, Telluride , Colorado Royal, Michelin, Standard Oil Co, Palm Beach , Florida Ritz, Ritz Paris Locations: Greenbrier, Sulphur Springs , West Virginia, Fife, Braemar, Scotland, The Fife, Cairngorms, Scottish, Balmoral, Swiss, Aberdeenshire, Scotland Ojai, Ojai , California, Ojai, caroling, , New York, Thailand, Thailand’s, Thailand’s Chiang Rai province, Elephant, Chiang Saen District, Fairmont Scottsdale, Scottsdale , Arizona, Scottsdale, Providenciales, Caicos, Turks, Greece, Morocco, Italy, Crillon, Paris, Rosewood, United States, Pennsylvania, , Washington, Hampshire, London, England, Hotel Hampshire, Park, Lane, Residences : Telluride , Colorado, Telluride, Colorado, Telluride , Colorado, Telluride , Colorado Royal Mansour, Marrakech, La Grande, Beach , Florida, HMF, Ponce de, Palm Beach , Florida, France, Brook, Mayfair

☆ (foto) 50 cele mai bune restaurante din lume pentru anul 2015
▼ + stars: | 2015-06-02 | by ( Onixmedia Srl | ) diez.md time to read: +2 min

(foto) 50 cele mai bune restaurante din lume pentru anul 2015Tuturor ne place să călătorim și să gustăm bucate delicioase. Iată de ce a fost elaborată o listă care cuprinde cele mai bune 50 de restaurante din lume. El Celler de Can Roca, Girona (Spania) – Cel mai bun restaurant din Europa#2. Central, Lima (Peru) – Cel mai bun restaurant din America de Sud#5. Eleven Madison Park, New York (SUA) – Cel mai bun restaurant din America de Nord#6.

Persons: în, De asemenea, El Celler, Roca, Osteria Francescana, Heston Blumenthal, Asador, Astrid Y Gastón, Le Bernardin, Le Chateaubriand, Nihonryori, Le Calandre, Amber, Quique, Mani, Alain Ducasse, Schloss Organizations: America de Sud, Madison, America de Nord, Londra Locations: SUA, Peru, Brazilia, Japonia, Girona, Modena, Italia, Lima, America, , New York, San Sebastian, Narisawa, Tokyo, Sao Paulo, Gaggan, Bangkok, Mirazur, Menton, Franța, Arpège, Paris, Viena, Austria, Pujol, Mexico City, Le Bernardin , New York, Ledbury, Londra, Nahm, Shanghai, China, Alinea, Chicago, Piazza Duomo, Alba, Cape Town, Africa, Bergisch Gladbach, Germania, Frantzén, Stockholm, Attica, Melbourne, Australia, Wolfsburg, Rubano, Quintonil, L’Astrance, Biko, Hong Kong, Barcelona, Santiago, Chile, Maido, André, Singapore, Athénée, Schloss Schauenstein, Stone Barns, Tarrytown

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