Mulberry ends year-long chief exec search with Thierry Andretta

first_img whatsapp Mulberry ends year-long chief exec search with Thierry Andretta Show Comments ▼ whatsapp MULBERRY has appointed Thierry Andretta as its new chief executive, ending a year-long search to replace Bruno Guillon, who stepped down following falling share prices and several profit warnings.Andretta joined the luxury handbag company last year as an independent non-executive director and has recently been engaged as a consultant to assist with reviewing Mulberry’s international expansion. Mulberry’s current chairman Godfrey Davis, said he was thrilled by the news.“He has a wealth of fashion and luxury goods experience and an ability to drive our ambitious plans for international growth,” said Davis. “In parallel with recruiting our new creative director, Johnny Coca, we undertook an extensive search and concluded that Thierry was the outstanding CEO candidate.”Andretta previously held a number of senior roles at brands including Lanvin, Moschino, the Gucci Group, LVMH Fashion Group and Celine and, until recently, was chief executive of Buccellati, the Italian high luxury jewellery brand. Andretta said he was “delighted” to lead Mulberry and will sit at the chief executive’s desk from 7 April. Sharecenter_img Thursday 12 March 2015 9:57 pm by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailMaternity WeekA Letter From The Devil Written By A Possessed Nun In 1676 Has Been TranslatedMaternity Weekzenherald.com20 Rules Genghis Khan’s Army Had To Live Byzenherald.comNoteableyKirstie Alley Is So Skinny Now And Looks Like A BarbieNoteableyDiscovery29+ Fascinating U.S. Navy WarshipsDiscoveryArticles SkillHe Left Wife For Her Sister, Then She Wins It AllArticles SkillMagellan TimesThis Is Why The Roy Rogers Museum Has Been Closed For GoodMagellan TimesHistory 10[Gallery] The 25 Worst Casting Choices of All-TimeHistory 10WorldemandCanal Drained For First Time And They Find ThisWorldemand Tags: NULL Read This Next’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofIndian Spiced Vegetable Nuggets: Recipes Worth CookingFamily ProofThe Truth About Bottled Water – Get the Facts on Drinking Bottled WaterGayotAmazon roars for MGM’s lion, paying $8.45 billion for studio behind JamesFamily ProofCheese Crostini: Delicious Recipes Worth CookingFamily ProofHomemade Tomato Soup: Delicious Recipes Worth CookingFamily ProofChicken Bao: Delicious Recipes Worth CookingFamily ProofBaked Sesame Salmon: Recipes Worth CookingFamily Proof Express KCS last_img read more

Premium phone charges set to drop under new Ofcom rules

first_img Share Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMaternity WeekA Letter From The Devil Written By A Possessed Nun In 1676 Has Been TranslatedMaternity WeekUndoPost FunKate & Meghan Are Very Different Mothers, These Photos Prove ItPost FunUndoInvestment GuruRemember Cote De Pablo? Take A Deep Breath Before You See Her NowInvestment GuruUndoEquity MirrorThey Drained Niagara Falls — They Weren’t Prepared For This Sickening DiscoveryEquity MirrorUndoTele Health DaveRemember Pierce Brosnan’s Wife? Take A Deep Breath Before You See What She Looks Like NowTele Health DaveUndoLivestlyThe Best Redhead Actresses, RankedLivestlyUndoTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island FarmUndoNovelodgePierce Brosnan’s Wife Lost 120 Pounds – This Is Her NowNovelodgeUndoTotal PastThis Was Found Hiding In An Oil Painting – Take A Closer LookTotal PastUndo Monday 25 May 2015 11:08 pm CHARGES to premium phone lines are set to get a little bit cheaper under sweeping changes to be introduced in July by the communications regulator Ofcom.The new rules will affect phone numbers beginning with 08, 09 or 118, which are typically used by customer service and information lines as well as by directory enquiries.From 1 July onward charges for calls to these non-geographic numbers will be split into an “access” fee from the telecoms provider, and a second “service” fee from the organisation that is being called.Joe Smithies, senior associate at Ofcom, told Radio 5 Live that the move will encourage competition, resulting in lower prices for customers: “There is some experimentation… but I think what we will see over time is that the market is so competitive in this country that prices will move down.” More From Our Partners Kamala Harris keeps list of reporters who don’t ‘understand’ her: reportnypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgWhite House Again Downplays Fourth Possible Coronvirus Checkvaluewalk.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgInstitutional Investors Turn To Options to Bet Against AMCvaluewalk.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comKiller drone ‘hunted down a human target’ without being told tonypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comWhy people are finding dryer sheets in their‘The Love Boat’ captain Gavin MacLeod dies at 90nypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale Show Comments ▼ center_img whatsapp Express KCS whatsapp Premium phone charges set to drop under new Ofcom rules Tags: NULLlast_img read more

US authorities set $2.7bn new record for cartel fines

first_img Share Video Carousel – cityam_native_carousel – 426 00:00/00:50 LIVERead More Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeInvestment GuruRemember Cote De Pablo? Take A Deep Breath Before You See Her NowInvestment GuruUndoMaternity WeekA Letter From The Devil Written By A Possessed Nun In 1676 Has Been TranslatedMaternity WeekUndoPost FunKate & Meghan Are Very Different Mothers, These Photos Prove ItPost FunUndozenherald.comMeghan Markle Changed This Major Detail On Archies Birth Certificatezenherald.comUndoEquity MirrorThey Drained Niagara Falls — They Weren’t Prepared For This Sickening DiscoveryEquity MirrorUndoEliteSinglesThe Dating Site for Highly-Educated Singles in ScottsdaleEliteSinglesUndoTotal Battle – Tactical Game OnlineAdvertisement The Most Addictive Strategy Game of 2021Total Battle – Tactical Game OnlineUndoLearn It WiseAfter Losing 70lbs Susan Boyle Is So Skinny Now She Looks Like A ModelLearn It WiseUndoTele Health DaveRemember Pierce Brosnan’s Wife? Take A Deep Breath Before You See What She Looks Like NowTele Health DaveUndo Wednesday 24 June 2015 8:30 pm whatsapp More From Our Partners Police Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgInstitutional Investors Turn To Options to Bet Against AMCvaluewalk.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgKiller drone ‘hunted down a human target’ without being told tonypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comWhite House Again Downplays Fourth Possible Coronvirus Express KCS US authorities set $2.7bn new record for cartel fines center_img whatsapp Show Comments ▼ AUTHORITIES in the United States are leading the way in cracking down on cartels, according to a new report out this week.The US Department of Justice has already imposed $2.7bn in cartel fines this year, according to research from the legal practice Allen & Overy. US penalties represent 85.6 per cent of the total fines handed down across the world, according to the report. Allen & Overy says the justice department has already imposed more cartel fines this year than it did during the entire 2012 and 2013 fiscal years combined. Researchers pointed to fines relating to the manipulation of the foreign exchange rate markets as part of the reason behind the spike, but made clear that the number does not include fines relating to the Libor scandal, which has to do with fraud rather than antitrust.Responding to the results, John Terzaken, partner and head of the cartel defence practice at Allen & Overy, said: “The record-breaking fines coming out of the US at the half-year point mask what has been an otherwise slow start to cartel enforcement globally.” Tags: NULLlast_img read more

News / Q4 20 most profitable in container shipping history, but 2021 will be better

first_img Ocean carriers enjoyed their best quarter in container shipping history in the final three months of 2020, but are expected to have significantly topped that record in the first quarter of this year.According to New York-based Blue Alpha Capital, fourth-quarter net earnings for the 11 carriers that report their financials came in at $5.8bn, but assuming that the non-reporting operators, such as MSC, achieved similar results, based on the average for the 11 lines the consultancy estimated the cumulative net profit for the period was a staggering $9bn.For the full-year, Blue Alpha Capital calculated a combined net profit of $10.2bn for reporting carriers and an estimated $15.8bn net for all the top-ranked lines.To put the 2020 earnings into context, they are more than double the total circa-$7bn of profit ocean carriers produced in the previous five years – with several carriers having racked up year-on-year losses during that period.Moreover, the 2020 result is a complete reversal of the outlook for the industry before the pandemic.“The final result for 2020 is a far cry from some of the doomsday predictions made mid-year, with fears the industry might post a collective net loss of up to $10bn,” said Alphaliner.Analysing the performance of the three main Taiwanese carriers, Evergreen, Yang Ming and Wan Hai, as an example of the turnaround, Alphaliner noted that the lines had “profited from soaring transpacific rates and the added rate impact of box shortages”.Evergreen posted a net profit of $853m for 2020, while Yang Ming and Wan Hai recorded profits of $420m and $396m, respectively.Alphaliner also noted that the trio had reversed a breakeven at Evergreen and loss at Yang Ming, while Wan Hai tripled its net result last year.Meanwhile, Blue Alpha Capital founder John McCown traced the liner industry’s turnaround to an unforeseen over-correction of capacity by carriers on many tradelanes at the start of the pandemic.“Carriers took immediate and aggressive action to reduce capacity by blanking sailings,” he said, adding that the industry consolidation in the form of the alliances had “made this logistically easier to accomplish”.He said: “As it turned out, that was an over-correction in many lanes that resulted in demand exceeding capacity.“The $64m question remains whether the industry has embarked on a new trajectory for its results, based on new capacity management skills, or whether it will revert to its historical mean performance,” he added.Nevertheless, with massive spot rate hikes now complemented by much higher contract rates, carriers look set fair for even greater profits for the first two quarters of the year, at least, if not for the whole of 2021.Indeed, China’s Cosco Shipping has advised its first-quarter profit will exceed $2bn, and The Loadstar understands that two European-based carriers will shortly alert shareholders to a much-improved outlook for the half-year. By Mike Wackett 07/04/2021 © Sergey Khakimullin last_img read more

Astellas remains in the industry doghouse in the U.K. for bad behavior

first_img By Ed Silverman June 23, 2017 Reprints Astellas remains in the industry doghouse in the U.K. for bad behavior What’s included? Kristoffer Tripplaar/Sipa USA/AP GET STARTED Log In | Learn More Pharmalot Columnist, Senior Writer Ed covers the pharmaceutical industry. What is it? Ed Silverman STAT+ is STAT’s premium subscription service for in-depth biotech, pharma, policy, and life science coverage and analysis. Our award-winning team covers news on Wall Street, policy developments in Washington, early science breakthroughs and clinical trial results, and health care disruption in Silicon Valley and beyond.center_img @Pharmalot Daily reporting and analysis The most comprehensive industry coverage from a powerhouse team of reporters Subscriber-only newsletters Daily newsletters to brief you on the most important industry news of the day STAT+ Conversations Weekly opportunities to engage with our reporters and leading industry experts in live video conversations Exclusive industry events Premium access to subscriber-only networking events around the country The best reporters in the industry The most trusted and well-connected newsroom in the health care industry And much more Exclusive interviews with industry leaders, profiles, and premium tools, like our CRISPR Trackr. About the Author Reprints In a highly unusual move, the pharmaceutical industry trade group in the United Kingdom has extended a suspension given Astellas last year for another 12-month period, after finding the drug maker engaged in yet another round of egregious behavior.The latest infractions demonstrated “wholly inadequate oversight and control” at its U.K. and European operations and a “lamentable lack of concern for patient safety,” according a stern statement issued by the Association of the British Pharmaceutical Industry. Unlock this article by subscribing to STAT+ and enjoy your first 30 days free! GET STARTED [email protected] Pharmalot Tags pharmaceuticalsSTAT+last_img read more

Shareholder-friendly actions ongoing risk for bondholders: Fitch

first_imgJames Langton Keywords Bond Related news Catastrophe bond market gains momentum With bond yields low and rising, what is the price of safety? Facebook LinkedIn Twittercenter_img Shareholder-friendly actions, such a stock buybacks or special dividends, represent an ongoing risk to corporate bondholders, says Fitch Ratings in a new report. The rating agency says that while most stock buybacks and dividends are done in a credit-neutral manner, shareholder-friendly actions “continue to drive a steady flow of downgrades and negative outlook changes.” Share this article and your comments with peers on social media When bond ratings slip, investors shrug Fitch says it took six negative rating actions on U.S. corporates during 2013 due at least in part to share repurchases. It took a similar number of negative actions in 2012, and 13 in 2011. The negative rating actions taken in 2013 occurred in several sectors, Fitch notes, including the aerospace/defense, telecoms, pharmaceuticals, energy, chemicals, and home services sectors. “Over the past three years, negative rating actions have been concentrated in the pharmaceutical/health care, media/telecom and retail sectors, which are relatively stable and cash generative in nature and therefore conducive to higher shareholder distributions,” it says. Special dividends by non-investment grade companies that underwent leveraged buyouts in the mid to late-2000’s, but have yet to be sold or taken public, are also an ongoing risk, Fitch says.last_img read more

CCMRS comment period extended

first_imgIE Staff Comments will be considered in conjunction with the development of draft legislation subject to legislative approval. The consultation draft uniform PCMA and the consultation draft complementary federal CMSA were published by the governments of the participating jurisdictions in the Cooperative Capital Markets Regulatory System on Sept. 8, for public comment until Nov. 7. (See One step closer for cooperative regulator,, Sept. 8, 2014.) Keywords National securities regulatorCompanies Co-operative Capital Markets Regulator The comment period on the consultation draft Provincial Capital Markets Act (PCMA) and Capital Markets Stability Act (CMSA) has been extended to Monday, Dec. 8, as a result of requests from some stakeholders. Please provide comments in Microsoft Word, Windows format and email them to [email protected] Budget promises funding for national regulator effort Related newscenter_img National regulator effort effectively dead Share this article and your comments with peers on social media Morisset’s term as CSA chair extended Facebook LinkedIn Twitterlast_img read more

U.K. election results could lead to complicated trade negotiations

first_img Keywords United Kingdom James Langton Share this article and your comments with peers on social media BoE predicts best economic year for the U.K. since 1941 “While the DUP supported Brexit, it has said that does not mean ‘leaving Europe’,” the CIBC World Markets report says. “As such, their influence could result in a ‘softer’ Brexit during the negotiations.” In fact, the prospect of a softer Brexit appears to be producing a modest reaction in financial markets, the report notes. In addition, the election results create uncertainty in terms of government policy, generally, and Brexit specifically, suggests a new report from Fitch Ratings Inc. That report suggests that there’s a greater possibility for a softer Brexit or a disorderly exit from the European Union (EU). “The result underscores how no single Brexit negotiating position appears to command majority popular or parliamentary support,” the report says. In addition, the Fitch report says that the election increases the possibility of looser fiscal policy in the U.K. “A minority or Conservative-led coalition government may have to compromise on the pace of fiscal consolidation or specific policy measures to maintain parliamentary support,” the Fitch report says. For Canada, the election results “shouldn’t have a significant impact,” the CIBC World Markets report says. “However, a more complicated political backdrop in the U.K. could make negotiating trade deals with countries outside the EU, including Canada, a longer process.” U.K. economy bounces back in summer but faces wintry chillscenter_img The results of Thursday’s federal election in the U.K. cloud the outlook for Brexit and could complicate trade negotiations for countries such as Canada, analysts suggest. The U.K. election failed to produce a majority government and looks likely to result in a coalition between the Conservatives and the Democratic Unionist Party (DUP) of Northern Ireland, which could impact Brexit negotiations, suggests a new report from CIBC World Markets Inc. U.K. economy in recession after 20.4% second quarter slump Related news Facebook LinkedIn Twitterlast_img read more

ASC panel denies order against short seller Cohodes

first_img The Alberta Securities Commission has rejected a requested order to prevent American short seller Marc Cohodes from trading shares in or providing misleading information about Calgary-based Badger Daylighting Ltd.In an oral decision released Wednesday afternoon, the provincial regulator said staff hadn’t proved there was an urgent need for the interim order to control Cohodes’ activity while a full investigation is undertaken. Facebook LinkedIn Twitter ESMA sustains short-selling vigilance Keywords Short sellingCompanies Alberta Securities Commission “There are insufficient grounds for us to exercise our jurisdiction to make any orders … Accordingly, we dismiss the application,” said Thomas Cotter, chair of the two-member ASC panel.In a hearing on Wednesday morning, Calgary lawyer Andrew Wilson, acting for the California investor while he listened in by telephone, said the order requested by ASC staff was “deliberately rushed” and based on an incomplete evidence record.“Being a short seller is not unlawful. It actually does serve an important part in our capital markets,” said Wilson.“The public interest is not just Badger Daylighting. It’s much broader than that. It’s people who also want to say positive or negative things about companies and it’s understanding what role regulators are going to play in the market.”Short sellers sell a security they don’t own or have borrowed in hopes its market price will decline, enabling it to be bought back at a lower price to make a profit.Last week, staff for the regulator announced they would seek the order against Cohodes, an investor who has taken short positions in many companies including Home Capital Group of Toronto, because of statements he made about Badger. Those included a June 27 Twitter post containing a picture of a Badger truck as support for his allegation of its illegal dumping of toxic substances.The regulator said Cohodes has made numerous negative public claims over a period of more than a year, coinciding with the acquisition of his short position, accusing him of trying to artificially manipulate the price of Badger securities.Wilson said there’s no evidence that any of Cohodes’ social media statements caused Badger stock to fall in the short term and, furthermore, the stock has gained about 20 per cent since Cohodes began talking about it on Twitter in May 2017.ASC counsel Don Young countered that the interim cease trade order was needed to prevent Cohodes from continuing his “protracted campaign” to harm Badger’s reputation for his eventual gain and actual share price erosion wasn’t integral to the case.He said the order would give the regulator time needed to complete an investigation into the short seller’s activities, pointing out that accusing Badger of illegal dumping was serious given that proper disposal of material is a vital part of the hydrovac excavating company’s business.Wilson said Badger has the option of pursuing a civil case against Cohodes but hasn’t, suggesting it’s because his remarks are protected by free speech law in both Canada and the United States.Badger CEO Paul Vanderberg, who attended the hearing, said he would not comment on the outcome or the possibility of a civil suit against Cohodes. Dan Healing agreement, attorney, auction, authority, balance, barrister, beam, scale, book, bookcase, books, brass, brown, business, colourconcept, contract, counsel, court, courthouse, courtroom, crime, criminal, decision, defendant, divorce, enforcement, financefreedom, gavel, government, guilt, guilty, hammer, horizontal, innocence, judge, judgement, judgment, judicial, justice, lawlawyer, legal, legislation, liberty, libra, litigation, mallet, prosecution, punishment, rights, scale, scales, scales, of, justice, sentencesymbol, symbolic, system, tax, trial, tribunal, truth, verdict, weight, will, wood, wooden andreypopov/123RF CSA tackles traders who “short and distort” Related news Share this article and your comments with peers on social media OSC, IIROC call for tips on abusive shortslast_img read more

Former hospital gives birth to Rusten House Art Centre

first_imgFormer hospital gives birth to Rusten House Art Centre Queanbeyan’s former hospital, Rusten House, has been reborn as a restored art centre with NSW Deputy Premier and Member for Monaro, John Barilaro and Queanbeyan-Palerang Regional Council Mayor, Cr Tim Overall officially opening the new Rusten House Art Centre today.Members of the arts community, historical society, healthcare services and families of key figures throughout the history of Rusten House joined project staff to witness the unveiling of a plaque to mark the official opening of the new art centre that has transformed the previously dilapidated building.Mayor Overall said that Rusten House was an important part of Queanbeyan’s history after beginning life as a hospital in 1862.“Many prominent families whose names are scattered across Queanbeyan’s history funded and contributed to the establishment and operation of Rusten House including the Gale, Campbell, Rutledge, Collett and Wright families.“The building was constructed of local mixed stone and wood at the grand cost of 1,051 pounds.“Local community fundraising initiatives including carnivals and balls helped keep Rusten House operating, even during the depression, until a new hospital was constructed and Rusten House was converted into nurses’ quarters,” Mayor Overall said.Rusten House is named after Matron Rusten who was employed along with her husband to care for the ill of the district until 1875. It has had many purposes over the years including as a hospital, nurses’ quarters, a home to various allied health services and even a café. The building is strongly associated with one of the region’s most respected Aboriginal elders Queen Nellie Hamilton, who passed away in care on 1 January 1897.“Today, Rusten House adds a new chapter in its long history and becomes a fantastic new arts facility that adds to the rich culture of Queanbeyan,” Mayor Overall concluded.NSW Deputy Premier and Member for Monaro John Barilaro said that today marks a significant milestone in the history of Queanbeyan.“Rusten House has played a central role in Queanbeyan’s rich and proud history, and the new Rusten House Art Centre will serve our community for generations to come,” Mr Barilaro said.“This newly refurbished space will be a major community asset with the centre able to hold exhibitions, performances and workshops.“We knew that we had a big job ahead of us when it came to revamping this beautiful heritage listed property, and I’m so proud of what both NSW Government and QPRC have been able to achieve.”To complement the opening of the new centre an exhibition of the history of Rusten House will be on display until 15 June alongside the inaugural exhibit “QPRC Artscape – celebrating the diversity of artists in the region”, which features the works of nine local artists.The restoration and transformation of Rusten House into a new art centre commenced in 2013 with a grant from the NSW Government Premier’s Rural and Regional Grants Fund. It was further made possible through the Justice and Liquor NSW Infrastructure Grant Fund with matched funding from Queanbeyan-Palerang Regional Council and the NSW Government Stronger Communities Fund.Rusten House Art Centre is open Wednesday to Saturday, 10am to 4pm. /Public Release. This material comes from the originating organization and may be of a point-in-time nature, edited for clarity, style and length. View in full here. Why?Well, unlike many news organisations, we have no sponsors, no corporate or ideological interests. We don’t put up a paywall – we believe in free access to information of public interest. Media ownership in Australia is one of the most concentrated in the world (Learn more). Since the trend of consolidation is and has historically been upward, fewer and fewer individuals or organizations control increasing shares of the mass media in our country. According to independent assessment, about 98% of the media sector is held by three conglomerates. This tendency is not only totally unacceptable, but also to a degree frightening). Learn more hereWe endeavour to provide the community with real-time access to true unfiltered news firsthand from primary sources. It is a bumpy road with all sorties of difficulties. We can only achieve this goal together. Our website is open to any citizen journalists and organizations who want to contribute, publish high-quality insights or send media releases to improve public access to impartial information. You and we have the right to know, learn, read, hear what and how we deem appropriate.Your support is greatly appreciated. All donations are kept completely private and confidential.Thank you in advance!Tags:Aboriginal, community, depression, Exhibition, Government, Hamilton, health services, healthcare, hospital, infrastructure, local council, New South Wales, NSW, operation, property, queanbeyan, Queanbeyan-Palerang Regional Council, Queenlast_img read more