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LVMH set to pay €800 million tax increase to ease France’s debt

October 16, 2024 No Comments Beauty , , , , , ,

By Bloomberg Published October 15, 2024 LVMH is expecting to pay as much as €800 million ($870 million) in additional taxes next year after France announced plans to raise levies on its biggest companies to help shore up public finances. See catwalkChristian Dior – Spring-Summer2025 – Womenswear – France – Paris – ©Launchmetrics/spotlight Speaking during [...]read moreLVMH set to pay €800 million tax increase to ease France’s debt

Firms including Amazon to buy $180 million in carbon credits from namesake rainforest

September 25, 2024 No Comments Beauty , ,

By Reuters Published September 25, 2024 Amazon and other companies have agreed to buy carbon offset credits that will support the conservation of its namesake rainforest in the Brazilian state of Para, in a deal valued at around $180 million. Reuters Amazon and at least five other firms will make the purchase through the LEAF [...]read moreFirms including Amazon to buy $180 million in carbon credits from namesake rainforest

ASOS cuts net debt load by £150 million

September 11, 2024 No Comments Business , , ,

Published September 11, 2024 ASOS’s news last week that it was selling majority control of Topshop and Topman and refinancing its debt appears to have had a very positive impact on its overall net debt position, it showed on Wednesday. Reuters In a stock exchange release, the fashion e-tail giant said that the net proceeds [...]read moreASOS cuts net debt load by £150 million

Billionaire Zara founder pays €327 million for Italy logistics

September 10, 2024 No Comments Beauty , ,

By Bloomberg Published September 10, 2024 Amancio Ortega, the billionaire founder of Spain’s Zara, has acquired logistics assets in Italy for €327 million ($361 million). Amancio Ortega The purchase, which includes locations in Milan and Rome, follows a string of similar deals by Ortega investment vehicle Pontegadea Inversiones SL, a company spokesperson said, confirming an [...]read moreBillionaire Zara founder pays €327 million for Italy logistics

Zoom Engages Over 2 Million Users With Docebo

September 9, 2024 No Comments Education ,

How Zoom Went All-In On Customer Ed, Fast About The Client You already know Zoom: they’re a video communications platform with over 6800 employees. Zoom helps people and businesses accomplish more with secure and frictionless video communication. Visit Zoom. The Challenge An Exponentially Growing Customer Base Required A Scalable Learning Solution When the pandemic struck [...]read moreZoom Engages Over 2 Million Users With Docebo

Dolce & Gabbana’s operating loss widens to 13 million euros

September 5, 2024 No Comments Business , ,

By Reuters Published Sep 5, 2024 Dolce & Gabbana Holding posted a wider operating loss of 13 million euros ($14.4 million) in the fiscal year through March after stepping up investments in its shop network and its beauty division which it brought in house, a filing showed. See catwalkDolce & Gabbana – Fall-Winter2024 – 2025 [...]read moreDolce & Gabbana’s operating loss widens to 13 million euros

Tendam achieves 4.6% growth in first quarter, nearing €254 million in revenue

August 27, 2024 No Comments Business , , ,

Translated by Roberta HERRERA Published Aug 27, 2024 Tendam, the Spanish retail conglomerate renowned for brands such as Cortefiel, Springfield, and Women’secret, achieved a 4.6% revenue growth in the first quarter of its fiscal year, totalling €253.8 million. The group projects an optimistic revenue increase ranging from 8% to 8.3% for the second quarter of [...]read moreTendam achieves 4.6% growth in first quarter, nearing €254 million in revenue

A $20 Million Net Worth Should Be Enough To Live Happy & Free

August 26, 2024 1 Comment Personal finance , , , , ,

Needless to say, a $20 million net worth is a substantial amount of money. It firmly places you within the top 1% of net worth, with the current threshold around $13 million. Previously, we discussed how a $10 million net worth, and even a $5 million net worth, are both ideal amounts for retirement, depending [...]read moreA $20 Million Net Worth Should Be Enough To Live Happy & Free

Reddit Adds 8.5 Million Users in Q2, Improves Revenue Performance

August 7, 2024 No Comments Social media marketing , , , ,

Reddit has posted its second performance report as a listed company, with the company steadily increasing users and revenue in Q2. And as a bonus, Reddit is seeing growth in various markets, while it’s also investing in new technology to deliver better return on advertiser spend. First off, on users. Reddit added 8.5 million more [...]read moreReddit Adds 8.5 Million Users in Q2, Improves Revenue Performance

Snapchat+ Reaches 11 Million Paying Subscribers

August 5, 2024 No Comments Social media marketing , , ,

If social apps are looking at how they can maximize interest in their add-on subscription offerings, Snapchat is showing them the way. Last week, within Snap’s Q2 performance update, the company reported that its Snapchat+ subscription package is now up to 11 million paying subscribers. Which makes it the most successful of the recent wave [...]read moreSnapchat+ Reaches 11 Million Paying Subscribers