Podcasts about LVMH

Meme stocks, those companies that individuals love to speculate with, are roaring back in 2025. So much so that the Meme Stock ETF is coming back after being discontinued in 2023. Today's show breaks down how much staying power the meme stock ETF will have this time around. Also, we review Ferrari's less-than-stellar guidance for the next several years and cover stocks on our radar. Tyler Crowe, Matt Frankel, and Jon Quast discuss: - Ferrari's decision to pare its electric vehicle lineup and its lower 2030 financial guidance - Roundhill Investment's decision to relaunch the Meme Stock ETF - Stocks on our radar Companies discussed: RACE, TSLA, GM, LVMH.F, HESAY, RH, HOOD, SOUN, OKLO, BE, TGT, FSLR, FND, HD, LOW Host: Tyler Crowe Guests: Matt Frankel, Jon Quast Engineer: Dan Boyd Disclosure: Advertisements are sponsored content and provided for informational purposes only. The Motley Fool and its affiliates (collectively, “TMF”) do not endorse, recommend, or verify the accuracy or completeness of the statements made within advertisements. TMF is not involved in the offer, sale, or solicitation of any securities advertised herein and makes no representations regarding the suitability, or risks associated with any investment opportunity presented. Investors should conduct their own due diligence and consult with legal, tax, and financial advisors before making any investment decisions. TMF assumes no responsibility for any losses or damages arising from this advertisement. We're committed to transparency: All personal opinions in advertisements from Fools are their own. The product advertised in this episode was loaned to TMF and was returned after a test period or the product advertised in this episode was purchased by TMF. Advertiser has paid for the sponsorship of this episode. Learn more about your ad choices. Visit ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠megaphone.fm/adchoices Learn more about your ad choices. Visit megaphone.fm/adchoices

Daniel Mahncke and Shawn O'Malley dive into Manchester United, the legendary football club that's grown from a 19th-century railway team into one of the most recognized sports brands on the planet. With revenue pillars in commercial sponsorships, broadcasting rights, and matchday income, plus a fanbase that spans every continent, United is often described as one of the biggest franchises in global sports. To frame the economics of the club, Daniel and Shawn also unpack the key differences between Europe's open football leagues and the closed, franchise-based model of U.S. sports. IN THIS EPISODE, YOU'LL LEARN: 00:00 - Intro 06:04 - How Manchester United was founded 07:50 - What role investors play in European football leagues 11:55 - The differences between U.S. leagues and European leagues 37:19 - What role on-pitch performance plays for finances 43:39 - How Manchester United's business model works 46:56 - What catalysts could close the valuation gap 51:02 - Whether Manchester United is attractively valued at its current levels 53:45 - Why sport franchises become increasingly valuable 01:01:51 - Whether Shawn & Daniel add MANU to The Intrinsic Value Portfolio *Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences. BOOKS AND RESOURCES Get smarter about valuing businesses in just a few minutes each week through our newsletter, ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠The Intrinsic Value Newsletter⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠. Sign Up for ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠The Intrinsic Value Community.⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ Deloitte Football Money League. Annual Review of Football Finance. Interview with Todd Boehly. Madison Square Garden Sports Podcast. Explore our previous Intrinsic Value breakdowns: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Paypal⁠,⁠⁠ ⁠⁠⁠Uber,⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ Nike,⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Reddit,⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠Amazon⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠, ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Airbnb⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠, ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠TSMC⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠, ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Alphabet⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠, ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Ulta⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠, ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠LVMH⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠, and ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Madison Square Garden Sports⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠. Related ⁠⁠books⁠⁠ mentioned in the podcast. Ad-free episodes on our ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Premium Feed⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠. NEW TO THE SHOW? Follow our official social media accounts: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠X (Twitter)⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ | ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠LinkedIn⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ | ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Instagram⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ | ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Facebook⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ | ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠TikTok⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠. Browse through all our episodes (complete with transcripts) ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠here⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠. Try Shawn's favorite tool for picking stock winners and managing our portfolios: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠TIP Finance⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠. Enjoy exclusive perks from our ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠favorite Apps and Services⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠. Learn how to better start, manage, and grow your business with the ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠best business podcasts⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠. ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ SPONSORS Support our free podcast by supporting our ⁠⁠⁠sponsors⁠⁠⁠: ⁠⁠⁠Harvest Right⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm

This week Nicola and Di chat with the humble leader Philip Corne. Philip has an extraordinary career story - by accident, in the 1980s he found himself working for a little-known company called Louis Vuitton. He went on to help Louis Vuitton become the world’s leading luxury brand and the LVMH Group become the world's most successful luxury group, comprising 70 brands with sales in excess of 46 billion euros. These days he serves on several boards including Camilla, APT Travel and many more. He’s also a proud husband and father of two sons. In this conversation, we get to hear the incredible story of how Philip overcame a learning disability at school, went on to study economics at Sydney University, and then found himself having a conversation with a friend in his backyard on a Sunday afternoon, which led to an interview for a financial controller position for a company he’d never heard of, called Louis Vuitton. The rest is history. Philip shares some of his best lessons from an amazing career at Louis Vuitton, which culminated in him becoming CEO of Louis Vuitton Oceania, as well as a period as CEO of Louis Vuitton North America. We talk about the power of building a brand, the core values behind the brand and why leadership is really about listening and leading by example. Philip opens up about what it was like to be working in New York on September 11, 2001 when the twin towers fell, and how this really helped remind him that at the end of the day, the only important things in his life were his wife and kids. We also love what Philip shares about giving things a go, not being complacent, and always having humility in what you do. We really loved chatting to Philip and hearing his wisdom and insights. We hope you learn as much from him as we did. This episode is proudly supported by Montgomery Investment Management, trusted experts helping you build and protect your financial future. For further information, please contact David Buckland, Chief Executive Officer or Rhodri Taylor, Account Manager on (02) 8046 5000 or investor@montinvest.com Follow Philip on LinkedIn here - https://www.linkedin.com/in/philip-corne-37a3b86/? Follow Nicola and Di on IG here - https://www.instagram.com/overthebackfencepodcast/ Watch Over The Back Fence on YouTube here - https://www.youtube.com/@Overthebackfencepodcast/podcastsSee omnystudio.com/listener for privacy information.

On the Glossy Podcast, senior fashion reporter Danny Parisi, editor-in-chief Jill Manoff and international reporter Zofia Zwieglinska break down some of the biggest fashion news of the week. This week, we're starting with a look back at Milan Fashion Week. Danny and Zofia break down a few of the notable shows, including a big debut from Dario Vitale as the new creative director of Versace. Vitale is the first designer for the brand who is not a member of the Versace family, but his debut collection was well received. And in the same week, the acquisition of Versace by Prada Group was approved by E.U. regulators. Giorgio Armani's show was a fitting tribute to the recently deceased designer who had a profound impact on Italian fashion. And the Brunello Cucinelli show was outshone by allegations from a short seller that the brand has been operating in violation of E.U. sanctions in Russia. Cucinelli has denied the claims. In the second half of the episode (20:00), in light of Paris Fashion Week, we discuss two of the biggest luxury companies in the world. LVMH and Hermès, both French and both presenting this season in Paris, have traded the top spot for the most valuable luxury company in the world several times this year. We break down the strengths of each company. For Hermès, its laser focus on a single brand and high-value customer; for LVMH, its diversified portfolio and broader appeal. Both approaches have their upsides and their challenges, depending on market conditions. And both companies also face competition from independent brands. We also hear from Luca Solca, senior analyst at Bernstein covering luxury goods, who weighs in on the challenges that megabrands like LVMH and Hermès face.

In this episode, Bridget Farrands and Ian Hardie open up about the twists and turns of their career and leadership transitions. Bridget reflects on stepping out of the corporate fast lane into a portfolio of advisory and board roles, while Ian shares lessons from moving across industries, countries, and cultures into top executive positions. Bridget also talks about her book Lost in Transition, which introduces a three-phase framework—Arriving, Surviving, and Thriving—to help leaders navigate new roles. Together, they discuss earning trust in unfamiliar territory, balancing humility with decisiveness, staying resilient through uncertainty, and shaping a meaningful “next chapter.”Bridget Farrands is a consultant, coach and author specializing in transition and identity. She works internationally with leaders and teams to create thriving workplaces, drawing on over 20 years' consulting experience across sectors. Co-author of Leadership Transitions, she helps executives navigate the personal and organizational challenges of new roles. Ian Hardie is an advisor, consultant and executive coach who helps leaders and organizations create impactful learning and growth experiences. Formerly with Sephora, LVMH and London Business School, he now works internationally, drawing on decades of experience in talent development. He also chairs Wave for Change, a social inclusion charity.Links from the episode: Bridget's book ‘Lost in Transition'Bridget's coaching and consulting homepageBridget's LinkedIn profileIan's LinkedIn profileThanks for listening!Visit our homepage at https://disrupt-your-career.comIf you like the podcast, please take a moment to rate it and leave a review in Apple Podcast

Caroline Michel-Aguirre est journaliste à L'Obs et co-autrice, avec Matthieu Aron, du livre choc Le Grand Détournement (éditions Allary). Un livre d'enquête d'intérêt public, au sens le plus noble du terme, qui révèle avec rigueur et pédagogie ce que l'on préfère souvent taire : l'État français verse chaque année entre 211 et 270 milliards d'euros d'aides aux entreprises… sans que ces aides ne soient ni encadrées, ni évaluées, ni même réellement connues du grand public.Je le dis tout de suite, l'idée est évidemment de soutenir les entreprises et les entrepreneurs mais qui comment et pourquoi? C'est le sujet de cet épisode car vous allez voir que ce n'est pas très clair.J'ai voulu consacrer deux épisodes à ce sujet majeur car il éclaire à lui seul une part de notre fonctionnement économique, fiscal et démocratique. Une somme colossale d'argent public est redistribuée, parfois à des entreprises florissantes, sans aucun contrôle de retour à l'intérêt collectif. Cela interroge profondément notre rapport à la justice sociale, à l'efficacité économique, mais surtout à la transparence républicaine.Dans cet échange dense, passionnant et engagé, j'ai interrogé Caroline sur les résultats accablants de leur enquête, mais aussi sur la manière dont les entreprises concernées – parfois les plus grandes – arrivent à ne pas payer d'impôts en France, tout en percevant des centaines de millions d'euros d'aides publiques. STMicroelectronics, par exemple, a reçu 487 millions d'euros en 2023 tout en ne payant que 100 000 euros d'impôts en France cette même année. Légal ? Oui. Juste ? Pas sûr.Et pourtant je pense que cette société est notre seul rempart Européen sur les processeurs.Nous avons parlé de l'opacité volontaire de ces dispositifs, de l'absence de ligne budgétaire « aides aux entreprises » dans les comptes de l'État, de la manière dont ces aides échappent au débat public. Caroline souligne que « ce qu'on ne nomme pas ne peut être discuté ». Et c'est là tout le nœud du problème : l'ignorance collective autour d'un sujet pourtant fondamental. Il ne s'agit pas ici d'être "contre les entreprises", mais de reposer les termes du contrat social, de remettre des conditions là où il n'y en a plus, de redonner du sens à l'utilisation de l'argent public.Nous avons aussi discuté de la politique de l'offre menée depuis plus de 15 ans, de la promesse du "ruissellement" qui n'a jamais eu lieu, des effets pervers d'un système où les très riches optimisent tout, pendant que les classes moyennes et populaires s'appauvrissent. Le taux d'épargne explose… mais la pauvreté aussi. Le tout, sur fond de désindustrialisation assumée dans les années 90, où la France a choisi de garder « les cerveaux » tout en envoyant les usines ailleurs – avec les conséquences que l'on connaît aujourd'hui.Mais cet épisode, comme le livre, n'est pas seulement un constat accablant. C'est un outil. Un outil pour comprendre, pour discuter, pour voter, pour interpeller ses représentants politiques. Caroline rappelle qu'en Espagne ou en Italie, les aides publiques sont conditionnées : si vous supprimez des emplois, vous remboursez. Pourquoi pas chez nous ? Par manque de volonté politique, sans doute.Ce que je retiens de notre échange, c'est cette invitation à la lucidité et à l'action citoyenne. Nous avons toutes et tous un rôle à jouer, non pas en criant au scandale, mais en nous informant, en lisant les programmes politiques, en posant les bonnes questions aux élus. L'argent public n'est pas abstrait. C'est notre argent. Il doit être utilisé avec rigueur, justice et clarté.Un grand merci à Caroline pour son courage, sa clarté, et pour ce travail salutaire. Écoutez, partagez, armez-vous intellectuellement. Ce que vous allez entendre pourrait bien changer votre regard sur l'économie française.5 citations marquantes« On ne peut pas discuter ce qu'on ne nomme pas. »« Optimiser, c'est légal. Mais est-ce pour autant légitime ? »« La politique de l'offre n'a pas ruisselé. Elle a enrichi ceux qui n'en avaient pas besoin. »« Ce n'est pas aux entreprises qu'il faut en vouloir, c'est aux décideurs publics. »« Le débat public, le projet collectif, c'est notre seule porte de sortie. »10 questions structurées posées pendant l'interviewPourquoi ce chiffre de 270 milliards d'aides publiques n'est-il pas un scandale d'État ?Comment expliquer le silence des médias et des politiques sur ce sujet ?Quelles ont été les conclusions de la commission d'enquête sénatoriale ?Pourquoi les aides ne sont-elles pas conditionnées à des résultats économiques ou sociaux ?Comment se fait-il que des entreprises comme STMicro payent si peu d'impôts en France ?Est-ce qu'un remboursement des aides par les entreprises bénéficiaires est envisageable ?Comment d'autres pays comme l'Italie ou l'Espagne gèrent-ils ce type d'aide ?Pourquoi la politique de l'offre n'a-t-elle pas fonctionné ?Que répondre à l'argument de l'exil fiscal des ultra-riches ?Comment réindustrialiser la France avec une vraie vision politique ?Timestamps clés optimisés pour YouTube (jusqu'à 40'24)00:00 – Introduction de la seconde partie et rappel du contexte01:00 – La commission d'enquête et ses résultats02:50 – Pourquoi ce sujet reste tabou politiquement04:30 – Le discours manichéen sur les aides aux entreprises08:55 – Cas STMicroelectronics : aides massives, impôts dérisoires11:00 – Peut-on demander aux entreprises de rembourser ?12:50 – L'exemple de la commande publique comme levier économique14:32 – Aides aux multinationales vs tissu local : un débat d'efficacité17:30 – L'exemple Sanofi et la question d'indépendance industrielle20:00 – L'origine du capitalisme et l'échec du ruissellement22:15 – Explosion de la pauvreté malgré la baisse du chômage24:00 – Injustice fiscale et optimisation des ultra-riches26:30 – Exil fiscal : un faux problème ?30:00 – La dépense publique, un moteur économique33:00 – LVMH, luxe et dépendance à la consommation locale36:00 – L'échec de la modération salariale et de la désindustrialisation38:10 – L'illusion d'une industrie propre et technologique40:00 – Pourquoi la réindustrialisation nécessite une vision politique Suggestion d'autres épisodes à écouter : #363 La France dans le chaos mondial avec David Baverez (partie 1) (https://audmns.com/xuhWtBm) #351 Pourquoi ne peut-on plus s'en sortir en travaillant? (partie 1) avec Antoine Foucher (https://audmns.com/chQnSYy) #281 Comprendre l'effondrement des classes moyennes et populaires avec Esther Duflo (https://audmns.com/WthucwC)Hébergé par Audiomeans. Visitez audiomeans.fr/politique-de-confidentialite pour plus d'informations.

Caroline Michel-Aguirre est journaliste à L'Obs et co-autrice, avec Matthieu Aron, du livre choc Le Grand Détournement (éditions Allary). Un livre d'enquête d'intérêt public, au sens le plus noble du terme, qui révèle avec rigueur et pédagogie ce que l'on préfère souvent taire : l'État français verse chaque année entre 211 et 270 milliards d'euros d'aides aux entreprises… sans que ces aides ne soient ni encadrées, ni évaluées, ni même réellement connues du grand public.Je le dis tout de suite, l'idée est évidemment de soutenir les entreprises et les entrepreneurs mais qui comment et pourquoi? C'est le sujet de cet épisode car vous allez voir que ce n'est pas très clair.J'ai voulu consacrer deux épisodes à ce sujet majeur car il éclaire à lui seul une part de notre fonctionnement économique, fiscal et démocratique. Une somme colossale d'argent public est redistribuée, parfois à des entreprises florissantes, sans aucun contrôle de retour à l'intérêt collectif. Cela interroge profondément notre rapport à la justice sociale, à l'efficacité économique, mais surtout à la transparence républicaine.Dans cet échange dense, passionnant et engagé, j'ai interrogé Caroline sur les résultats accablants de leur enquête, mais aussi sur la manière dont les entreprises concernées – parfois les plus grandes – arrivent à ne pas payer d'impôts en France, tout en percevant des centaines de millions d'euros d'aides publiques. STMicroelectronics, par exemple, a reçu 487 millions d'euros en 2023 tout en ne payant que 100 000 euros d'impôts en France cette même année. Légal ? Oui. Juste ? Pas sûr.Et pourtant je pense que cette société est notre seul rempart Européen sur les processeurs.Nous avons parlé de l'opacité volontaire de ces dispositifs, de l'absence de ligne budgétaire « aides aux entreprises » dans les comptes de l'État, de la manière dont ces aides échappent au débat public. Caroline souligne que « ce qu'on ne nomme pas ne peut être discuté ». Et c'est là tout le nœud du problème : l'ignorance collective autour d'un sujet pourtant fondamental. Il ne s'agit pas ici d'être "contre les entreprises", mais de reposer les termes du contrat social, de remettre des conditions là où il n'y en a plus, de redonner du sens à l'utilisation de l'argent public.Nous avons aussi discuté de la politique de l'offre menée depuis plus de 15 ans, de la promesse du "ruissellement" qui n'a jamais eu lieu, des effets pervers d'un système où les très riches optimisent tout, pendant que les classes moyennes et populaires s'appauvrissent. Le taux d'épargne explose… mais la pauvreté aussi. Le tout, sur fond de désindustrialisation assumée dans les années 90, où la France a choisi de garder « les cerveaux » tout en envoyant les usines ailleurs – avec les conséquences que l'on connaît aujourd'hui.Mais cet épisode, comme le livre, n'est pas seulement un constat accablant. C'est un outil. Un outil pour comprendre, pour discuter, pour voter, pour interpeller ses représentants politiques. Caroline rappelle qu'en Espagne ou en Italie, les aides publiques sont conditionnées : si vous supprimez des emplois, vous remboursez. Pourquoi pas chez nous ? Par manque de volonté politique, sans doute.Ce que je retiens de notre échange, c'est cette invitation à la lucidité et à l'action citoyenne. Nous avons toutes et tous un rôle à jouer, non pas en criant au scandale, mais en nous informant, en lisant les programmes politiques, en posant les bonnes questions aux élus. L'argent public n'est pas abstrait. C'est notre argent. Il doit être utilisé avec rigueur, justice et clarté.Un grand merci à Caroline pour son courage, sa clarté, et pour ce travail salutaire. Écoutez, partagez, armez-vous intellectuellement. Ce que vous allez entendre pourrait bien changer votre regard sur l'économie française.5 citations marquantes« On ne peut pas discuter ce qu'on ne nomme pas. »« Optimiser, c'est légal. Mais est-ce pour autant légitime ? »« La politique de l'offre n'a pas ruisselé. Elle a enrichi ceux qui n'en avaient pas besoin. »« Ce n'est pas aux entreprises qu'il faut en vouloir, c'est aux décideurs publics. »« Le débat public, le projet collectif, c'est notre seule porte de sortie. »10 questions structurées posées pendant l'interviewPourquoi ce chiffre de 270 milliards d'aides publiques n'est-il pas un scandale d'État ?Comment expliquer le silence des médias et des politiques sur ce sujet ?Quelles ont été les conclusions de la commission d'enquête sénatoriale ?Pourquoi les aides ne sont-elles pas conditionnées à des résultats économiques ou sociaux ?Comment se fait-il que des entreprises comme STMicro payent si peu d'impôts en France ?Est-ce qu'un remboursement des aides par les entreprises bénéficiaires est envisageable ?Comment d'autres pays comme l'Italie ou l'Espagne gèrent-ils ce type d'aide ?Pourquoi la politique de l'offre n'a-t-elle pas fonctionné ?Que répondre à l'argument de l'exil fiscal des ultra-riches ?Comment réindustrialiser la France avec une vraie vision politique ?Timestamps clés optimisés pour YouTube (jusqu'à 40'24)00:00 – Introduction de la seconde partie et rappel du contexte01:00 – La commission d'enquête et ses résultats02:50 – Pourquoi ce sujet reste tabou politiquement04:30 – Le discours manichéen sur les aides aux entreprises08:55 – Cas STMicroelectronics : aides massives, impôts dérisoires11:00 – Peut-on demander aux entreprises de rembourser ?12:50 – L'exemple de la commande publique comme levier économique14:32 – Aides aux multinationales vs tissu local : un débat d'efficacité17:30 – L'exemple Sanofi et la question d'indépendance industrielle20:00 – L'origine du capitalisme et l'échec du ruissellement22:15 – Explosion de la pauvreté malgré la baisse du chômage24:00 – Injustice fiscale et optimisation des ultra-riches26:30 – Exil fiscal : un faux problème ?30:00 – La dépense publique, un moteur économique33:00 – LVMH, luxe et dépendance à la consommation locale36:00 – L'échec de la modération salariale et de la désindustrialisation38:10 – L'illusion d'une industrie propre et technologique40:00 – Pourquoi la réindustrialisation nécessite une vision politiqueHébergé par Audiomeans. Visitez audiomeans.fr/politique-de-confidentialite pour plus d'informations.

Get early access to episodes and automatic entry into our giveaways when you subscribe to our HeroHero!Michael and Sol report live from their Komune popup, full of a live studio audience! Tune in as the boys talk about the highlights and lowlights from New York Fashion Week, why calling brands "emerging" isn't only a misnomer but deeply offensive, how to be #26andtappedin, the lack of quality menswear in New York, comic books, Matt Mercer, perfumery, hatmaking, what it's like to run a popup, and why spaces like Komune matter so much for fashion!They also have a few surprise guests, including shoe and bootmaker Ives Barrera, Joseph Baumeister from Perfume Making Co., and a whole host of listeners who ask questions live!Hope you enjoy - thank you so much for coming out to support the podcast!Lots of love!SolSol Thompson and Michael Smith explore the world and subcultures of fashion, interviewing creators, personalities, and industry insiders to highlight the new vanguard of the fashion world. Subscribe for weekly uploads of the podcast, and don't forgot to follow us on our social channels for additional content, and join our discord to access what we've dubbed “the happiest place in fashion”.Message us with Business Inquiries at pairofkingspod@gmail.comSubscribe to get early access to podcasts and videos, and participate in exclusive giveaways for $4 a month Links: Instagram TikTok Twitter/X Sol's Substack (One Size Fits All) Sol's Instagram Michael's Instagram Michael's TikTok

Un début de semaine timide sur les marchés Les bourses européennes ont progressé très timidement hier.Il faut dire que beaucoup de statistiques économiques sont attendues au cours de la semaine, en particulier sur l'emploi américain.Les investisseurs espèrent y voir des raisons de renforcer leurs anticipations d'une nouvelle baisse des taux de la Réserve Fédérale fin octobre.A la clôture européenne, le S&P 500 et le Nasdaq des valeurs technologiques américaines progressent de 0.43% et 0.76%. Quelles valeurs sont sortie du lot ? Les valeurs du luxe ont malgré tout retenu l'attention.LVMH, Kering et Hermès étaient bien orientée et affichaient des hausses allant de 1.43 à plus de 4.7%.Cet engouement illustre l'attente suscitée par la Fashion Week de Paris qui se tiendra jusqu'au 7 octobre prochain.Plusieurs directeurs artistiques y présenteront leur toute première collection pour de nombreuses maisons de haute-couture.Hébergé par Ausha. Visitez ausha.co/politique-de-confidentialite pour plus d'informations.

Shawn O'Malley and Daniel Mahncke break down Universal Music Group (ticker: UMG), a company that controls a royalty stream on roughly ⅓ of the world's music in an oligopolistic industry also dominated by Sony and Warner Music Group. Universal has incredibly high-quality earnings, with a very stable business and excess returns on capital — a recipe that is very appealing to investors at the right price. In this episode, you'll learn about the economics of the music industry, how Universal creates value for artists, what the company is doing in response to AI, the mutually dependent relationship between labels and music streaming platforms, and whether Universal Music Group's stock is attractively priced, plus so much more! IN THIS EPISODE, YOU'LL LEARN: 00:00 - Intro 05:00 - Why royalties from the music industry are so stable 07:57 - How Universal Music Group makes money and supports artists 11:12 - How Universal operates as an oligopoly alongside Sony and Warner Music Group 20:24 - The economics of digital streaming 43:48 - Why Universal's leading market share position reinforces its advantages 01:04:48 - About UMG's unique business model as a serial acquirer of music catalogs 01:10:35 - How to think about modeling UMG's intrinsic value 01:21:27 - Whether Shawn and Daniel add UMG to their Intrinsic Value Portfolio *Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences. BOOKS AND RESOURCES Get smarter about valuing businesses in just a few minutes each week through our newsletter, ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠The Intrinsic Value Newsletter⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠. Sign Up for ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠The Intrinsic Value Community.⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ Shawn's 2024 Millennial Investing episode on Universal Music Group. Shawn's 2024 Millennial Investing episode on Spotify. Check out the Music Royalties 101 article. Bill Ackman's presentation on Universal Music Group. Dive into Shawn's past podcast on Disney for more on the power of beloved IP. Explore our previous Intrinsic Value breakdowns: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Paypal,⁠⁠ ⁠⁠Uber,⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ Nike,⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Reddit,⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ Amazon⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠, ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Airbnb⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠, ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠TSMC⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠, ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Alphabet⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠, ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Ulta⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠, ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠LVMH⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠, and ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Madison Square Garden Sports⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠. Related ⁠books⁠ mentioned in the podcast. Ad-free episodes on our ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Premium Feed⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠. NEW TO THE SHOW? Follow our official social media accounts: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠X (Twitter)⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ | ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠LinkedIn⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ | ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Instagram⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ | ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Facebook⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ | ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠TikTok⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠. Browse through all our episodes (complete with transcripts) ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠here⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠. Try Shawn's favorite tool for picking stock winners and managing our portfolios: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠TIP Finance⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠. Enjoy exclusive perks from our ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠favorite Apps and Services⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠. Learn how to better start, manage, and grow your business with the ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠best business podcasts⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠. ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ SPONSORS Support our free podcast by supporting our ⁠⁠sponsors⁠⁠: ⁠⁠Harvest Right⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm

Who does Steve D want to open the England batting? Find out on this week's PlayingFTSE Show!It's the end of Q3 and time to check in on the PlayingTSE portfolios. And the last week hasn't been a particularly good one for either Steve.Steve W has finally managed to buy a European stock for his portfolio. It's LVMH, which has actually done quite well over the last three months or so. Elsewhere, there are a couple of new UK additions, one from the FTSE 100 and one from the FTSE 250. But which stock is he thinking about selling in the next three months?Steve D has graduated a couple of stocks up to his main portfolio from the capital incinerator. But he's been reducing his stake in Walt Disney recently. The big buy in the last quarter has been Bloomsbury. But there are also big additions to the likes of Ashtead Technology to bump up the UK exposure.The Britbox has fared pretty badly over the last three months. And it's the usual suspects letting the side down, with Greggs continuing to struggle and Diageo doing badly.The Eurobox has had a reasonable three months, but nothing worth paying fees for. Steve W thinks it's partly due to missing a big boost in defence spending. Only on this week's PlayingFTSE Podcast!► Get a free share!This show is sponsored by Trading 212! To get free fractional shares worth up to 100 EUR / GBP, you can open an account with Trading 212 through this link https://www.trading212.com/Jdsfj/FTSE. Terms apply.When investing, your capital is at risk and you may get back less than invested.Past performance doesn't guarantee future results.► Get 15% OFF Fiscal.ai:Huge thanks to our sponsor, Fiscal.ai, the best investing toolkit we've discovered! Get 15% off your subscription with code below and unlock powerful tools to analyze stocks, discover hidden gems, and build income streams. Check them out at Fiscal.ai!https://fiscal.ai/?via=steve► Follow Us On Substack:Sign up for our Substack and get light-hearted, info-packed discussions on everything from market trends and investing psychology to deep dives into different asset classes. We'll analyze what makes the best investors tick and share insights that challenge your thinking while keeping things engaging.Don't miss out! Sign up today and start your journey with us.https://playingftse.substack.com/► Support the show:Appreciate the show and want to offer your support? You could always buy us a coffee at: https://ko-fi.com/playingftse(All proceeds reinvested into the show and not to coffee!)► Timestamps:0:00 INTRO & OUR WEEKS07:26 SW PORTFOLIO23:04 SD PORTFOLIO44:13 BBOX EBOX► Show Notes:What's been going on in the financial world and why should anyone care? Find out as we dive into the latest news and try to figure out what any of it means. We talk about stocks, markets, politics, and loads of other things in a way that's accessible, light-hearted and (we hope) entertaining. For the people who know nothing, by the people who know even less. Enjoy► Wanna get in contact?Got a question for us? Drop it in the comments below or reach out to us on Instagram: https://www.instagram.com/playing_ftse/► Enquiries: Please email - playingftsepodcast@gmail(dot)com► Disclaimer: This information is for entertainment purposes only and does not constitute financial advice. Always consult with a qualified financial professional before making any investment decisions.

You're Invited: An Exclusive Evening with Jurlique & The Green EditCelebrate 40 Years of Jurlique + The Future of Clean Beautyhttps://events.humanitix.com/the-green-edit-x-jurlique-present-clean-beauty-2-0-redefining-what-clean-really-meansToday we're marking an extraordinary moment in the Australian beauty landscape.This episode celebrates 40 years of Jurlique - the iconic skincare brand that pioneered natural, biodynamic beauty in Australia and has since become a global leader in naturally effective, conscious and holistic skincare.Joining me today is Marion Goyet, Jurlique's Global Brand and Marketing Director. With over 20 years of experience at world-renowned beauty houses including LVMH, Cordalie, and Uriage, Marion brings a rare blend of global insight and deep respect for local heritage. Since relocating from France to Australia five years ago, she has been on a mission to revitalise Jurlique - honouring its founding vision while guiding it into a bold, future-focused chapter.In this episode, we explore the evolution of clean beauty and what it really means in 2025. We'll unpack Jurlique's new Formulation Charter - Conscious Code, its continued commitment to biodynamic farming, and how the brand is rewriting the standards of transparency, efficacy, and sustainability.We'll also shine a light on Jurlique's 40th anniversary celebration - in Sydney on the 6th of November 2025. This will be an immersive event in collaboration with The Green Edit that brings together education, community, and purpose. With proceeds from the event supporting Look Good Feel Better, this is more than a brand milestone - it's a movement in support of women's wellbeing.Whether you're a skincare enthusiast, a clean beauty advocate, or simply curious about what's next for the industry, this is a conversation you don't want to miss.• What is the last beauty product you purchased? Natural Origin Shampoo from France• What's been your best beauty discovery in the last 12 months? Jurlique's soon to be released trio of masks.• Your desert island skincare product? Cannot select just one - as a base 3 steps: Cleanser, Calendula Moisturiser and SPF.• Professional treatment you swear by? The hands of a very good facialist, facial massage every 6 weeks.• Best piece of beauty or wellness advice you can share? Keep it simple: add love and presence into everything you do. Create rituals that give back to yourself. Setting and intension and speaking kindly to your skin.Follow Jurlique on instagram @jurliqueAnd if there's anything you want to hear on future episodes let us know on Instagram @thegreenedit_au  or via email hello@thegreenedit.com.au

Christine Russo, host of What Just Happened, sits down with Jonathan Siboni, founder and CEO of Luxury Insight, often described as the “Bloomberg for luxury.” Together they explore the crossroads facing global luxury brands—ranging from shifting Chinese consumer behaviors and the rise of resale to the pressure of generational leadership changes at industry giants like LVMH, Kering, and Chanel. Siboni explains how data can serve as the new compass for maisons, balancing heritage with the need to decode emerging desires, and weighs in on Louis Vuitton's bold entry into beauty. The conversation looks ahead at how pricing strategies, youth engagement, and portfolio restructuring will shape the next chapter of luxury.

Deloitte has been on the front lines of digital assets, working with exchanges, custodians, stablecoin issuers, and enterprises to bring crypto into regulated finance.In this episode, I'm joined by Jérémy Stevance, Manager on Deloitte France's Digital Assets Team, who has spent the last four years building their crypto audit practice. He's worked with Web3 leaders like Circle, Binance, and Crypto.com, as well as traditional giants like LVMH and Société Générale.We also discuss Coinia, Deloitte's proprietary tool that reconciles hundreds of thousands of blockchain transactions directly to client books.✅ OUR RESOURCES

Cette semaine, dans ce nouvel épisode, nous revenons sur les consultations des partenaires sociaux à Matignon avec l'annonce d'une mobilisation des syndicats le 2 octobre et d'un « grand meeting » patronal le 13. Nous évoquons également la sanction que la Cnil a infligée au grand magasin parisien La Samaritaine (groupe LVMH) pour avoir placé dans ses réserves des caméras de surveillance dissimuléessous l'apparence de détecteurs de fumée. Notre « focus texte » porte sur une décision du Conseil constitutionnel qui a refusé de consacrer le droit de se taire lors de l'entretien préalable à un licenciement pour motif personnel ou à une sanction disciplinaire. Enfin, notre chiffre de la semaine est issu d'une enquête sur les rémunérations publiée par l'Apec et Terra Nova le 24 septembre.Hébergé par Ausha. Visitez ausha.co/politique-de-confidentialite pour plus d'informations.

Singapore shares dipped today amid a tepid day in the region. The Straits Times Index was down 0.21% at 4,281.46 points at 11.51am Singapore time, with a value turnover of S$584.48M seen in the broader market. In terms of counters to watch, we have OCBC, after the bank said yesterday that its current group chief credit officer for wholesale, Carina Lee, will be its new chief risk officer from 2026. Elsewhere, from how Chery Automobile rocketed more than 13 per cent on its trading debut in Hong Kong, to how the White House budget office is telling federal agencies to prepare plans for mass firings during a possible government shutdown, more corporate and international headlines remained in focus. On Market View, Money Matters’ finance presenter Chua Tian Tian dived into the details with David Chow, Director, Azure Capital. See omnystudio.com/listener for privacy information.

C dans l'air l'invitée du 24 septembre 2025 avec Virginie Calmels, cheffe d'entreprise et présidente du réseau d'entrepreneurs Croissance Plus.Le Medef prépare un « énorme meeting » du patronat « dans quelques jours », face à ce qu'il qualifie de « théories dangereuses », faisant notamment allusion à la proposition de taxe Zucman sur les hauts patrimoines. « On voudrait signifier que les entreprises ne sont que des actionnaires assoiffés de dividendes et indifférents à l'intérêt général », a relevé Patrick Martin lors de l'évènement BIG organisé par la banque publique d'investissement Bpifrance. Le thème de la taxation des plus riches est au cœur des débats entre le Premier ministre Sébastien Lecornu et le Parti socialiste, qui peut lui éviter une censure sur ce texte. Dans son interview au Parisien le 13 septembre dernier, Patrick Martin jugeait la taxe Zucman comme « un frein terrible à l'investissement et à la prise de risque pour les entreprises ». De son côté, le PDG de LVMH, Bernard Arnault, a déclaré samedi dans le Sunday Times que la taxe Zucman relevait "d'une volonté clairement formulée de mettre à terre l'économie française".Virginie Calmels, cheffe d'entreprise, et présidente du réseau d'entrepreneurs Croissance Plus est notre invitée. Elle nous donnera son avis sur la volonté de mobilisation des patrons, et sur la taxation des plus riches. Elle nous donnera aussi son sentiment sur le climat politique actuel, alors que Sébastien Lecornu, nommé depuis quinze jours, n'a toujours pas constitué son gouvernement, et qu'une nouvelle journée de mobilisation a été annoncée pour le 2 octobre prochain.

Si vous avez des questions, n'hésitez pas et je ferais des sessions réponses aux questions.

Conflict at work doesn't have to be scary. In this episode of Influence & Impact for Leaders, I talk with Alice Driscoll and Louise Van Haarst, authors of Smart Conflict, about why avoiding tough conversations harms teams — and how to do them better. You'll hear the difference between task and relational conflict, learn their 5R model (Reflection, Regulation, Readiness, Response, Repair) and pick up quick, practical tips you can use to calm my nerves, land your message and repair relationships. Alice Driscoll and Louise van Haarst are the founders of The Power House, a global leadership development and cultural transformation business on a mission to unlock human and organisational potential. They work with organisations including BBC Studios, PwC, Deutsche Bank, LVMH, Johnson & Johnson, ProperCorn, Bethnal Green Ventures and Zinc VC. Their new book ‘Smart Conflict - how to have hard conversations at work' is a highly practical, evidence-based guide to getting good at conflict and hard conversations at work. Whether your default conflict style is avoidant, inflexible or aggressive, this book will give you the tools to embrace Smart Conflict and transform your leadership, your team and maybe your life. This is Influence & Impact for Leaders, the podcast that helps leaders like you increase your impact and build a happy and high performing team. Each episode delivers focused, actionable insights you can implement immediately, to be better at your job without working harder. Resources mentioned in this episode: Buy Smart Conflict, How to have hard conversations at work:  https://mybook.to/SmartConflict   Download free resources including our read-along workbook: https://thepowerhouse.company/resources Take the default conflict style and team diagnostics:  https://thepowerhouse.company/diagnostics LinkedIn: Alice Driscoll LinkedIn: Louise van Haarst Work with Carla: Impactful Teams Scorecard – Discover how your team measures up and how you can grow your team's impact. 1:1 Leadership Coaching with Carla – get support to help you get your voice heard at work and develop your career. Book a discovery call

In der heutigen Folge sprechen die Finanzjournalisten Lea Oetjen und Nando Sommerfeldt über einen Schock für den IT-Sektor in Indien, neue Titel im Dax und eine Polen-Aktie mit Buyback-Fantasie. Außerdem geht es um Apple, Microsoft, Amazon, Scout24, GEA, Porsche, Sartorius, Fielmann, Evotec, FedEx, Huuuge, Allianz, Micro, Nebius, Uranium Energy, Accenture, Anheuser-Busch InBev, Heineken, Carlsberg, Tsingtao, Constellation Brands, Asahi, LVMH, Diageo, Aktien-Brauerei Kaufbeuren, Allgäuer Brauhaus, Kulmbacher Brauerei, Global FML Fund (WKN: A117JA), iShares STOXX Europe 600 Food & Beverage (WKN: A0H08H), Nestlé, Danone, Invesco STOXX Europe 600 Optimised Food & Beverage ETF (WKN: A0RPR6). Wir freuen uns über Feedback an aaa@welt.de. Noch mehr "Alles auf Aktien" findet Ihr bei WELTplus und Apple Podcasts – inklusive aller Artikel der Hosts und AAA-Newsletter. Hier bei WELT: https://www.welt.de/podcasts/alles-auf-aktien/plus247399208/Boersen-Podcast-AAA-Bonus-Folgen-Jede-Woche-noch-mehr-Antworten-auf-Eure-Boersen-Fragen.html. Der Börsen-Podcast Disclaimer: Die im Podcast besprochenen Aktien und Fonds stellen keine spezifischen Kauf- oder Anlage-Empfehlungen dar. Die Moderatoren und der Verlag haften nicht für etwaige Verluste, die aufgrund der Umsetzung der Gedanken oder Ideen entstehen. Hörtipps: Für alle, die noch mehr wissen wollen: Holger Zschäpitz können Sie jede Woche im Finanz- und Wirtschaftspodcast "Deffner&Zschäpitz" hören. +++ Werbung +++ Du möchtest mehr über unsere Werbepartner erfahren? Hier findest du alle Infos & Rabatte! https://linktr.ee/alles_auf_aktien Impressum: https://www.welt.de/services/article104636888/Impressum.html Datenschutz: https://www.welt.de/services/article157550705/Datenschutzerklaerung-WELT-DIGITAL.html

Lorsqu'il a été interrogé sur la proposition de l'économiste Gabriel Zucman visant à instaurer une taxe sur les très grandes fortunes, Bernard Arnault, patron de LVMH, n'a pas mâché ses mots. Dans une déclaration accordée au Sunday Times, il a qualifié Zucman de « militant d'extrême gauche » dont l'idéologie, selon lui, « vise la destruction de l'économie libérale ».Pour le PDG, il est impossible de comprendre les positions de l'économiste sans tenir compte de son engagement politique : « On ne comprend pas les positions de monsieur Zucman si l'on oublie qu'il est d'abord un militant d'extrême gauche. À ce titre, il met au service de son idéologie (qui vise la destruction de l'économie libérale, la seule qui fonctionne pour le bien de tous) une pseudo compétence universitaire qui elle-même fait largement débat », a-t-il déclaré.La taxe proposée par Gabriel Zucman ciblerait les patrimoines supérieurs à 100 millions d'euros, avec un prélèvement annuel de 2 %. Près de 1.800 foyers fiscaux seraient concernés par cette mesure. Elle suscite l'adhésion des partis de gauche, qui la présentent comme un instrument de justice fiscale, mais inquiète le patronat et une partie du centre et de la droite, qui y voient un risque pour l'investissement et la pérennité des entreprises.Bernard Arnault est directement concerné par le sujet, puisque sa famille détient la première fortune française et la septième mondiale, estimée à 154 milliards de dollars par le magazine Forbes. Pourtant, il rejette l'idée d'être le symbole d'un système fiscal injuste. Selon lui, Gabriel Zucman « présente la situation fiscale française de manière biaisée ». Et d'ajouter : « Car enfin, comment me mettre moi directement en cause alors que je suis certainement le tout premier contribuable à titre personnel et l'un des plus importants à travers les sociétés que je dirige ».Pour Arnault, la proposition de Zucman dépasse largement le champ d'un simple débat académique : « Il ne s'agit ni d'un débat technique ni économique, mais bien d'une volonté clairement formulée de mettre à terre l'économie française ». Et il s'inquiète des conséquences politiques : « Je ne peux pas croire que les forces politiques françaises qui dirigent, ou ont par le passé dirigé le pays, puissent prêter la moindre crédibilité à cette offensive mortelle pour notre économie ».En toile de fond, la question des inégalités reste brûlante : les 10 % des ménages les plus riches possèdent aujourd'hui plus de la moitié du patrimoine français. LVMH, de son côté, continue d'afficher une santé insolente, avec plus de 84 milliards d'euros de chiffre d'affaires et un bénéfice net de 12,55 milliards d'euros en 2024. Hébergé par Acast. Visitez acast.com/privacy pour plus d'informations.

În Franța, s-a deschis o adevărată polemică pe marginea așa-numitei „taxe Zucman”. Este vorba despre o propunere legislativă, inspirată de economistul de stânga Gabriel Zucman, care prevede aplicarea unei taxe pe marile averi. Proiectul de lege, aprobat în februarie a.c. de Adunarea Națională și respins, în luna iunie a.c., de Senatul Franței, vrea să taxeze cu 2% pe an activele mai mari de 100 de milioane de euro. Datele prezentate de specialiști arată că sunt 1.800 de proprietari care au averi mai mari de 100 milioane de euro care ar trebui să plătească taxa respectivă. Propunerea legislativă a venit de la partidul ecologist, iar analiștii cred că prevederea ar putea reveni în dezbaterea parlamentară o dată cu proiectul bugetului de stat pe anul viitor. Reprezentanții organizațiilor civice care susțin ideea cred că există un sprijin popular larg pentru taxarea marilor averi și fac presiuni asupra clasei politice pentru a promova legislația. Ideea unei taxe pe averi mari nu este străină nici guvernului. Doar că este văzută diferit de varianta Zucman, în sensul că, pe de o parte, baza activelor impozabile include active profesionale, ceea ce ar mări sfera impozitării și ar coborî pragul la două milioane de euro. Pe de altă parte, cota de impozitare ar fi fixată la un nivel de patru ori mai mic decât în varianta propunerii legislative ecologiste, respectiv la 0,5% din active. Propunerea Zucman este criticată vehement de oamenii de afaceri francezi. De exemplu, Bernard Arnault, proprietarul companiei LVMH și unul dintre cei mai bogați oameni din lume a caracterizat în termeni duri proiectul inspirat de la economistul francez. Arnault a declarat pentru publicația britanică Sunday Times că propunerea lui Gabriel Zucman „reflectă dorința acestuia de a dărâma economia franceză”. Omul de afaceri a spus despre Zucman că este un activist de extremă stânga care își folosește expertiza pseudo-academică pentru a-și promova ideologia care își propune să distrugă economia liberală. Cuvinte grele. Pe fond, Bernard Arnault a reamintit că este cel mai mare contribuabil dintre persoanele fizice franceze și unul dintre cei mari plătitori de taxe și impozite prin companiile pe care le deține. Economistul s-a apărat pe rețeaua X și în dispută au intrat și politicieni de stânga care, bineînțeles, au sărit în ajutorul lui Gabriel Zucman. Reprezentanți ai guvernului de la Paris au fost în ultima perioadă atenți la posibilele consecințe ale introducerii unei taxe pe averile mari. Este vorba despre riscul ca unii oameni de afaceri să își schimbe reședința fiscală sau să vândă o parte din acțiunile pe care le dețin, ceea ce ar face companiile lor vulnerabile în fața unor eventuale preluări progresive de către investitori străini. În contextul dezbaterilor pe marginea propunerii legislative s-a dat și exemplul unui start-up francez de succes din domeniul inteligenței artificiale, Mistral. Conform variantei Zucman, cei trei fondatori ai companiei ar trebui să plătească 60 milioane de euro pe an, bani pe care de fapt nu îi au în buzunar și pentru respecta regula ar fi nevoiți să cedeze din acțiunile firmei. Patronul LVMH nu este singurul care critică ideea legii. Nicolas Dufourcq, director al băncii de investiții BPI, consideră că proiectul este „comunist și absurd”, pentru că, de exemplu, în 10 ani statul ar lua 20% din capitalul unei companii mari. Acesta crede că în Franța se cultivă „o ură față de bogați”. Și președintele Medef, cea mai mare organizație patronală franceză, și-a exprimat îngrijorarea față de astfel de propuneri care cresc nivelul fiscalității. Și în România bântuie ideea supraimpozitării averilor mari. Dar, o veche vorbă spune că impozitarea este „arta de a jumuli o găină fără să țipe”. În Franța, nu se poate spune, în acest moment, că funcționează metoda.

In this episode, we dive into the realities of dealing with portfolio drawdowns as dividend growth investors. From personal examples to strategies for averaging down, price anchoring, and knowing when to hold or sell, we share how we manage the emotions that come with falling share prices.We also cover the latest news and dividend hikes, including:Novo Nordisk – promising results from its new oral weight-loss drugLondon Stock Exchange Group – stepping into blockchain with MicrosoftIntel & Nvidia – surprising partnerships in the chip industryTexas Instruments, Microsoft, W.P. Carey, and Philip Morris – dividend hike updatesPlus, we review Bradley's dividend portfolio and answer listener questions on hedging against USD, quick dividend stock screeners, reinvestment strategies, tax-efficient accounts, and more.

Ecoutez L'angle éco de François Lenglet du 15 septembre 2025.Hébergé par Audiomeans. Visitez audiomeans.fr/politique-de-confidentialite pour plus d'informations.

250915(3) [헤이 고뉴브] (1) 초딩 버튜버 / (2) 전두환 유해 ‘자택으로'? / (3) 찰리 커크 용의자 누구? / (4) 시민운동 표적 된 LVMH - 이태연

Ecoutez L'angle éco de François Lenglet du 15 septembre 2025.Hébergé par Audiomeans. Visitez audiomeans.fr/politique-de-confidentialite pour plus d'informations.

Nel Regno Unito un weekend di forti proteste nazionaliste guidate da Tommy Robinson, mentre sventola la "bandiera di San Giorgio" in chiave anti-immigrazione. In Italia gli under 35 sono sempre più "poli-lavoratori" per scelta o necessità. Armani potrebbe infine cedere alle avances di LVMH e "diventare francese". Prova Revolut Business per 6 mesi a canone zero. Scopri di più cliccando su questo link: ⁠choramedia.com/revolut⁠ Firma la proposta di legge di iniziativa popolare per riequilibrare la rappresentanza tra generazioni ed età nelle istituzioni politiche: ⁠https://shor.by/3nTj⁠ Dal 26 al 28 settembre a Torino Chora&Will Days, il primo festival di Chora e Will: scopri il programma e come partecipare su ⁠days.chorawill.com⁠ Firma la proposta di legge di iniziativa popolare per chiedere una legge sul voto fuorisede: ⁠https://shor.by/GcvZ⁠ Questo podcast e gli altri nostri contenuti sono gratuiti anche grazie a chi ci sostiene con Will Makers. Sostienici e accedi a contenuti esclusivi su ⁠willmedia.it/abbonati 0:00 Intro 0:34 Il Regno Unito che dice no all'immigrazione 4:38 Gli under 35 fanno più lavori 6:48 Il futuro di Armani Learn more about your ad choices. Visit megaphone.fm/adchoices

In dieser Samstagsfolge von “Alles auf Aktien” reden endlich mal wieder mit dem Compounder-König, mit dem Experten für die Immer-Gewinner-Aktien. Und wir fragen ihn, was denn da los ist mit vielen Firmen, die über Jahrzehnte Erfolg hatten – und von denen viele inzwischen schwächeln. Ist sie womöglich vorbei, die Ära Alleskönner-Aktien? Unser Gast wagt die Deep Dives. Er skizziert ein klares Novo-Nordisk-Szenario, erklärt die SAP-Situation und die neue Lage bei Oracle. Außerdem gibt es die ultimative Analyse zur Lage der Luxus-Titel – zu Ferrari, Hermes und LVMH. Er krönt zwei monopolistische Schaufelhersteller zu seinen persönlichen Favoriten. Und zum Schluss verrät er, worüber er mit seiner Frau redet, seit die Kinder aus dem Haus sind. Ein Gespräch mit Wolfgang Fickus. Wir freuen uns über Feedback an aaa@welt.de. Noch mehr "Alles auf Aktien" findet Ihr bei WELTplus und Apple Podcasts – inklusive aller Artikel der Hosts und AAA-Newsletter. Hier bei WELT: https://www.welt.de/podcasts/alles-auf-aktien/plus247399208/Boersen-Podcast-AAA-Bonus-Folgen-Jede-Woche-noch-mehr-Antworten-auf-Eure-Boersen-Fragen.html. Der Börsen-Podcast Disclaimer: Die im Podcast besprochenen Aktien und Fonds stellen keine spezifischen Kauf- oder Anlage-Empfehlungen dar. Die Moderatoren und der Verlag haften nicht für etwaige Verluste, die aufgrund der Umsetzung der Gedanken oder Ideen entstehen. Hörtipps: Für alle, die noch mehr wissen wollen: Holger Zschäpitz können Sie jede Woche im Finanz- und Wirtschaftspodcast "Deffner&Zschäpitz" hören. +++ Werbung +++ Du möchtest mehr über unsere Werbepartner erfahren? Hier findest du alle Infos & Rabatte! https://linktr.ee/alles_auf_aktien Impressum: https://www.welt.de/services/article7893735/Impressum.html Datenschutz: https://www.welt.de/services/article157550705/Datenschutzerklaerung-WELT-DIGITAL.html

Het gaat dan tóch gebeuren! De beursgang van OpenAI is een reuzentap dichterbij. Microsoft hield de beursgang steeds tegen, maar de grootaandeelhouder lijkt toe te geven. Een stap die grote gevolgen heeft voor Microsft. Hoe de samenwerking tussen OpenAI en Microsoft er hierna uit kan gaan zien, bespreken we deze aflevering. En je hoort waarom de eigenaar van ChatGPT helemaal geen goede belegging is. Ook hoor je over de zoon van Larry Ellison (die man die deze week eventjes de rijkste persoon ter wereld was), David Ellison. Meerdere Amerikaanse media melden dat hij met zijn bedrijf Paramount-Skydance een overname van Warner Bros Discovery voorbereidt. Een cynicus zou zeggen dat zijn vader wel even de portemonnee trekt en volgens The Wall Street Journal zit dat niet eens zo ver af van de waarheid. Het bod krijgt namelijk steun van de hele familie. De (opnieuw) rijkste man ter wereld Elon Musk komt ook voorbij. Het gros van zijn vermogen kwam altijd uit zijn Tesla-aandelen, maar die tijd is voorbij, berekende CNBC. De meerderheid van zijn vermogen komt nu uit zijn privébedrijven. Zijn aandelen in xAI en SpaceX zijn bijna twee keer zoveel waard als zijn aandelen in Tesla. En we hebben het over de erfenis van Giorgio Armani. De modeontwerper overleed begin deze maand, maar zijn bedrijf staat mogelijk een beursgang te wachten. Giorgio Armani liet in zijn testament zetten dat hij wil dat zijn bedrijf binnen anderhalf jaar verkocht moet worden aan een concurrent. Lukt dat niet, dan moet het bedrijf naar de beurs worden gebracht.See omnystudio.com/listener for privacy information.

When it comes to innovation in the beauty industry, few wield more power and influence than Guive Balooch, L'Oréal Group's longtime tech leader.  “In the last three or four years, [we've seen] this incredible shift in the speed of innovation,” Balooch told Glossy. “It feels great to work on things that are shaping the future of our industry.”  Since Balooch last joined the Glossy Beauty Podcast in 2021, his team has released a light-powered blowdryer called the AirLight Pro; an in-store skin diagnostic device called Cell BioPrint; Water Saver, an in-salon water reduction tool; a home hair-color application tool called Color Sonic; and many more innovations. He's also taken on an expanded role as global vp of tech and open innovation, where he now oversees the partnerships driving L'Oréal's future innovation. This includes investments in Swiss longevity biotech company Timeline and San Diego-based Debut Biotech. In today's episode, Balooch shares insights into the future of beauty innovation, which includes further exploration of the skin's microbiome, ingredient creation through biotechnology and beauty at the intersection of longevity. He also shares details on his team's use of AI, the latest shift in consumer desires, and the unexpected inspiration behind L'Oréal's new 3D printable eyebrow technology called 3D shu:brow.  But first, Lexy Lebsack is joined by senior reporter Emily Jensen to walk through the biggest beauty and wellness news of the week. To start, the hosts discuss a new $28,000 fragrance from LVMH-owned Maison Francis Kurkdjian. The new 10-year anniversary edition of the brand's Baccarat Rouge 540 comes with many perks for the investment, including access to events and a members-only club. Jensen and Lebsack also dive into the latest earnings at Puig, which saw 7.7% like-for-like sales growth driven primarily by fragrance sales, which made up 73% of the quarterly sales. And they discuss Macy's Inc., which saw its best comparable sales growth in 12 quarters, thanks to boosts of 3.6% at Bloomingdale's and 1.2% at Bluemercury. Finally, everything you need to know about the influx of lawsuits in California courts challenging “made in America” marketing claims by top beauty brands including Unilever-owned Paula's Choice and It's a 10, which is privately held. 

Ian Rogers is the Chief Experience Officer at Ledger, leading the consumer-facing arm of the business. Ian was previously the Chief Digital Officer at LVMH, working with a portfolio of nearly one hundred brands across luxury, including Louis Vuitton, Dior, Sephora, and Hennessy. He also sits on the boards of Dr Martens and Lyst. Ian has a background in music and culture, having spent twenty years bringing digital music to the mainstream, first with Winamp then Yahoo!, Beats, and Apple. He contributed to the 2015 launch of Apple Music, including Beats 1, their digital streaming channel. Ian built some of the earliest music-related websites in the early 90s and has been working with the Beastie Boys since 1993.Ian collaborated closely with Tony Fadell (Godfather of the iPod) to launch Ledger's latest hardware, Ledger Stax and Ledger Flex. These devices represent the fusion of cutting-edge security technology with an intuitive design that bridges cultural adoption.In this conversation, we discuss:- Crypto is legal now and we have clear rules - Present day crypto market - Permissionless payment rails have proven to be useful - Luxury brands buy solutions to make the consumer exp more seamless - Corporate-issued stablecoins - Ledger Recovery Key - Hardware wallet evolution - The growing importance of user-friendly security infrastructure - The merger of crypto & tradfi - Living in the future is the best form of cheating- Value, Identity and AI = the future LedgerWebsite: ledger.comX: @LedgerLinkedIn: LedgerIan Rogers X: @iancrLinkedIn: ian rogers---------------------------------------------------------------------------------This episode is brought to you by PrimeXBT.PrimeXBT offers a robust trading system for both beginners and professional traders that demand highly reliable market data and performance. Traders of all experience levels can easily design and customize layouts and widgets to best fit their trading style. PrimeXBT is always offering innovative products and professional trading conditions to all customers.  PrimeXBT is running an exclusive promotion for listeners of the podcast. After making your first deposit, 50% of that first deposit will be credited to your account as a bonus that can be used as additional collateral to open positions. Code: CRYPTONEWS50 This promotion is available for a month after activation. Click the link below: PrimeXBT x CRYPTONEWS50FollowApple PodcastsSpotifyAmazon MusicRSS FeedSee All

Cos'è davvero il Made in Italy? Un marchio di prestigio che il mondo ci invidia… o un mito che sta lentamente crollando? Un tempo sinonimo di eccellenza, qualità e creatività, oggi il Made in Italy sembra attraversare una crisi profonda: produzione che si sposta all'estero, concorrenza globale spietata, marchi storici che finiscono in mani straniere. Ma allora, cosa rimane davvero di quell'identità che ha reso l'Italia un simbolo di stile e perfezione? Ne parliamo in questo articolo. Il Made in Italy sta morendo? La Grande Paura Italiana Ogni mattina, milioni di italiani si svegliano con la stessa preoccupazione: "E se il Made in Italy stesse davvero morendo?" Mentre sorseggiano il loro espresso rigorosamente italiano (ma fatto con una macchinetta cinese), si chiedono se la tradizione italiana sia destinata a scomparire come i dinosauri o la loro capacità di arrivare puntuali agli appuntamenti. I Sintomi della "Malattia" I segnali di questo presunto declino sono ovunque, secondo i più pessimisti. Vediamo i settori più colpiti da questa presunta crisi identitaria italiana. La Moda in Crisi di Identità Gucci è di proprietà francese, Bulgari è sotto l'ombrello LVMH, e persino alcuni stilisti famosi preferiscono produrre all'estero. "Ma come è possibile?" si lamenta la signora Maria dal parrucchiere, "I nostri vestiti dovrebbero essere cuciti dalle nonne italiane, non dalle macchine asiatiche!" Esempio: La parola ombrello qui non significa l'oggetto per la pioggia! È usata in senso figurato per indicare "controllo" o "protezione". Esempi: "L'azienda è sotto l'ombrello del gruppo internazionale" oppure "Questa organizzazione lavora sotto l'ombrello dell'ONU". Il Cibo e l'Invasione Straniera McDonald's ha più ristoranti in Italia della catena di pizzerie napoletane, e sempre più giovani preferiscono il sushi alla pasta. Il trauma nazionale è tale che alcuni politici hanno proposto di vietare l'ananas sulla pizza per legge (proposta ancora in discussione al Parlamento). Questo fenomeno rappresenta un vero shock culturale per un paese che considera la cucina parte integrante della propria identità nazionale. Vedere un giovane italiano ordinare un poke bowl invece di un piatto di spaghetti alla carbonara può causare sincere preoccupazioni esistenziali nei genitori. La Tecnologia Perduta Olivetti, un tempo gigante dell'informatica, è solo un ricordo, mentre tutti usiamo smartphone coreani e computer americani. L'unica consolazione è che almeno li usiamo per guardare video di nonne che fanno la pasta fatta in casa. Questo settore rappresenta forse la ferita più profonda per l'orgoglio tecnologico italiano. L'Olivetti era considerata un simbolo di eccellenza mondiale, e la sua scomparsa dal panorama tecnologico globale è vista da molti come una metafora del declino industriale italiano. La Realtà dei Numeri Ma fermiamoci un momento. I dati raccontano una storia completamente diversa da quella narrata dai pessimisti più accaniti. SettorePosizione Italia in EuropaValore di MercatoManifatturiero2° posto€680 miliardiSettore LussoLeader mondiale€90+ miliardiFood & BeverageCrescita costante€140 miliardiEsportazioni TotaliLivelli record€590+ miliardi Insomma, forse il paziente non è poi così malato come sembra. Anzi, potrebbe essere più in forma di quanto pensiamo! L'Evoluzione, Non l'Estinzione Il Made in Italy di oggi non è quello di cinquant'anni fa, e questo non è necessariamente un male. Come un buon vino, anche le tradizioni devono evolversi per non diventare aceto. Esempio: L'espressione diventare aceto è metaforica. Il vino, se non conservato bene, diventa aceto (inacidisce). Qui significa che le tradizioni, se non si adattano ai tempi, diventano obsolete e inutili. Innovazione nella Tradizione Aziende come Ferrari continuano a produrre auto da sogno, ma ora includono anche motori ibridi ed elettrici.

In this episode of the Superlative podcast, host and aBlogtoWatch founder Ariel Adams sits down with Julien Tornare, the dynamic CEO of Hublot, to discuss the brand's bold direction within the luxury watch industry. Tornare shares his journey across LVMH's leading maisons, from revitalizing Zenith to taking on the challenge of steering Hublot, a brand renowned for its disruptive spirit, innovative use of materials, and unconventional approach to watchmaking. The conversation explores Hublot's evolution from its rule-breaking origins pairing rubber with gold, to its leadership in colored ceramics, sapphire innovations, and groundbreaking marketing strategies. Tornare also highlights his vision to reinforce Hublot's reputation for high-end horology, expand its global community through Hublotista, and redefine the luxury customer experience by combining exceptional products with authentic, personalized engagement. Tune in with Ariel and Julien for a candid look into how one of the industry's most polarizing yet pioneering brands continues to push boundaries under Tornare's leadership.Check Out Hublot:- Website - https://www.hublot.com/- Instagram - https://www.instagram.com/hublot/ - Hublotista: Owners' Community - https://www.hublot.com/en-us/your-hublot Check out this week's sponsor:Ace Jewelers - https://www.acejewelers.com/ SUPERLATIVE IS NOW ON YOUTUBE! To check out Superlative on Youtube as well as other ABTW content:- YouTube - https://www.youtube.com/@ablogtowatch To check out the ABTW Shop where you can see our products inspired by our love of Horology:- Shop ABTW - https://store.ablogtowatch.com/To keep updated with everything Superlative and aBlogtoWatch, check us out on:- Instagram - https://www.instagram.com/ablogtowatch/- Twitter - https://twitter.com/ABLOGTOWATCH- Website - https://www.ablogtowatch.com/If you enjoy the show please Subscribe, Rate, and Review!

You don't always need to pick the hot technology stocks to get great returns Investing is very emotional and it's always nice to be part of the crowd and buy the hot stocks like Apple, Alphabet and Amazon, but they are not always the top performers. Sometimes your boring, undervalued companies can do very well. As an example, Apple over the years has performed nicely, but over the last five years the gain was 114%. Not a bad return, but if you held a boring company like Tractor Supply over the same five years, you would have a gain of 119%. Even an old insurance company like Allstate over the last five years was up 115%. Five years ago, if you saw the value in a company called Tapestry, which owns Coach and Kate Spade, your return was over 545%. Apple's not the only big tech company that was surpassed by these boring companies. If you look at Amazon over the last five years, you'll see a return of only 49%. One other area that is often discounted is that many of your boring companies are also paying dividends and generating cash flow that can be used to purchase other equities on sale. You may be thinking Apple does pay at dividend but it's important to note the yield is only 0.45%. Sometimes being boring is good and not being so concentrated in the hot stocks can pay off in the long run. I especially think this will be the case as we look out over the next 5-10 years!   Another weak job report likely solidifies a Fed rate cut August non-farm payrolls increased by just 22,000, which was well below the estimate of 75,000. This weak report also comes with another month of negative revisions as employment in June and July combined is 21,000 lower than previously reported. Healthcare and social assistance continued to lift the headline number as the sectors added 31k and 16k jobs respectively. Many other areas in the report actually saw declines with payrolls in construction falling 7,000, manufacturing declining 12,000, and professional and business services dropping 17,000. Government also saw a decline of 16,000 jobs and I worry this is a ticking time bomb since employees on paid leave or receiving ongoing severance pay are counted as employed in the establishment survey and those that opted to take the government's offer at the beginning of the year will start coming off severance pay as the deal lasted through September. The most recent data I saw was that 75,000 federal employees took the offer, but not all were accepted into the program. I guess we will see the actual data and its impact over the next couple of months. With the weakness, I was surprised to see leisure and hospitality produce a gain of 28,000 jobs in the month. While much of this sounds concerning, the unemployment rate held relatively steady at 4.3% and that doesn't incorporate the fact that 1.9 million or 25.7% of all unemployed people were jobless for 27 weeks or more. My belief is that many of those that have been unemployed that long are skewing the data as I can't imagine they have been looking for a job that hard. With the unemployment rate low and deportations potentially weighing on the supply of workers, I just don't see how it would be possible to maintain strong job growth given the limited supply. Because of this I still don't remain overly concerned by the weak showing. Even with my lack of concern, this will likely lead to a Fed rate cut this month with markets now essentially putting odds for a 25-basis point cut at 100% and even a 50-basis point cut is now on the table with markets putting those odds at 12% after the job print. That's up from a zero percent chance on Thursday.   Should you panic over the job opening data? The Job Openings and Labor Turnover Survey showed job openings fell to 7.18 million in the month of July. This was below the estimate of 7.4 million and also marked the lowest reading since September 2024. It was only the second time since the end of 2020 that job openings came in below 7.2 million. While this may sound troubling, I believe it just illustrates how crazy the labor market got after Covid. If we look at job openings before 2020, nearly 7.2 million openings would have been a great number. In 2016, job openings averaged 5.86 million; in 2017, job openings averaged 6.12 million; in 2018, job openings averaged 7.11 million; and in 2019, job openings averaged 7.15 million. So, while the headline may sound troubling, I still believe we could have job openings fall into the low 6 million range and it wouldn't be problematic, especially given the fact that unemployment remains extremely low. Even with that, I do believe the Fed will use this as further evidence of a softening labor market and that will give them the excuse to cut rates at the meeting this month. I'm still not convinced that is the right move, but we did hear from Fed Governor Christopher Waller, who is supposedly on the short list to replace Powell as Fed chair, that he believes there should be multiple cuts over the next few months, saying interest rates today are perhaps 1.0 to 1.5 percentage points above their “neutral” level.    American luxury brands are destroying Europe's luxury brands It appears that European luxury brands like Gucci, Hermes and LVMH have increased their prices beyond what the average consumer is willing to pay. Currently, American consumers are spending the lowest share of discretionary income on luxury goods since 2019. The European luxury brands seem to have their heads in the clouds thinking American consumers would pay any price for a luxury purse from Europe. I think they have now discovered that the American consumer has reached their limit.  Two luxury American brands have benefited from the ignorance of the European luxury brands. Both Ralph Lauren and Tapestry, which owns Coach and Kate Spade, have seen their sales increase. A chart of these luxury brands stocks shows European brands dropping while American brands have been increasing. One may be thinking now is the time to step in and buy Tapestry or Ralph Lauren, but with the recent stock increase they are no longer a great value as Ralph Lauren trades at over 20 times forward earnings and Tapestry is now over 19 times forward earnings. I would take a different side of the coin as I believe investors should understand that the European luxury brands will likely not just sit on their hands and do nothing and they will likely try and win back market share. With the increase in prices over the years I'm sure the profit margins are very fat, and they may have a good amount of space to do some heavy discounts to get their market share back. Both Tapestry and Ralph Lauren are dealing with the current tariff situation and that could hurt their profit margins going forward as well. On a side note, in years past we have warned people paying the high prices for European purses that they would not appreciate as much if at all. I have not researched it, but I feel pretty confident that if sales are down as much as they are, the resale on those expensive purses has probably dropped as well.   Financial Planning: Mortgage rates reach 2025 low Mortgage rates have fallen to their lowest level of the year, reaching levels not seen since last October. Throughout 2025, 30-year mortgage rates have fluctuated between 6.5% and 7%, and as of Friday, September 5, they dipped as low as 6.29%. While this presents an opportunity for buyers and homeowners considering a refinance, caution is warranted. Rates are still likely to experience volatility even as the broader declining trend continues over the next several years. In 2024, mortgage rates actually rose at year-end despite the Federal Reserve implementing three rate cuts. In 2025, it is widely expected that the Fed will cut again in September, with additional cuts likely by year-end. This current window of lower rates may be worth taking advantage of, but paying upfront points may not be wise just yet, as there will likely be future opportunities to capture even lower rates.   Companies Discussed: The Kraft Heinz Company (KHC), Best Buy Co., Inc. (BBY), Snowflake Inc. (SNOW) & Alphabet Inc. (GOOGL)

In this bonus episode, Ian Rogers turns the tables and interviews Rick Rubin, recently named one of TIME Magazine's 100 Most Influential People in AI, about The Way of Code: The Timeless Art of Vibecoding. Ian Rogers is a pioneering executive whose career spans music, luxury, and crypto, with leadership roles at Beats Music, Apple, LVMH, and now Ledger. ------ Thank you to the sponsors that fuel our podcast and our team: Athletic Nicotine https://www.athleticnicotine.com/tetra Use code 'TETRA' ------ Sign up to receive Tetragrammaton Transmissions https://www.tetragrammaton.com/join-newsletter

Ce vendredi x mois année, Liste INVITES et FONCTiON, se sont penchés sur les titres (....à lister... ), dans On achète ou on vend ? dans l'émission C'est Votre Argent présentée par Marc Fiorentino. C'est Votre Argent est à voir ou écouter le vendredi sur B

Ian Rogers is a technology and business executive whose career spans music tech, luxury retail, and crypto. He began by building early music websites in the 90s, including one for hip-hop group The Beastie Boys, before leading digital music at Yahoo!. Rogers went on to serve as CEO of Topspin and then Beats Music, which was acquired by Apple. In 2015, he became Chief Digital Officer at LVMH, helping modernize digital strategy across its portfolio of luxury brands. Since 2020, he has been Chief Experience Officer at Ledger, where he oversees consumer strategy for the crypto hardware company. ------ Thank you to the sponsors that fuel our podcast and our team: LMNT Electrolytes https://drinklmnt.com/tetra Use code 'TETRA' ------ Athletic Nicotine https://www.athleticnicotine.com/tetra Use code 'TETRA' ------ Squarespace https://squarespace.com/tetra Use code 'TETRA' ------ Sign up to receive Tetragrammaton Transmissions https://www.tetragrammaton.com/join-newsletter

Connection isn't a “nice to have”—it's a business driver every leader needs to put front and center if they want to achieve their goals and succeed. When employees feel seen, heard, and included, performance skyrockets. Yet, many leaders still struggle with creating cultures of belonging. Why is that?In this powerful episode of Shedding the Corporate Bitch, I sit down with Greg Morley, global leader, author of Bond: Belonging and the Keys to Inclusion and Connection, and champion of inclusive leadership. With over 25 years of HR experience at companies like Disney, Hasbro, and LVMH, Greg shares hard-earned lessons and practical tools to help leaders and HR professionals turn inclusion into impact.

Accusée de pratiquer un dumping fiscal pour attirer les grandes fortunes, l'Italie séduit chaque année davantage de millionnaires européens. Une stratégie assumée par Rome, mais qui alimente les tensions au sein de l'Union européenne. L'Italie propose depuis plusieurs années un dispositif très avantageux qui séduit massivement : les nouveaux résidents peuvent s'acquitter d'un impôt forfaitaire annuel de 200 000 euros sur leurs revenus étrangers, et ce pendant quinze ans, sans taxation des héritages ni donations sur cette période. Selon le cabinet Henley and Partners, 3600 nouveaux millionnaires devraient s'y installer en 2024, faisant de l'Italie la troisième destination mondiale des grandes fortunes, derrière les Émirats arabes unis et les États-Unis. Milan, le nouveau Londres des années 1990 La capitale économique italienne coche toutes les cases : excellente connectivité aérienne, dynamisme culturel et financier, marché immobilier haut de gamme. Plusieurs personnalités y ont déjà élu domicile, comme Frédéric Arnault (le fils du patron de LVMH), le vice-président de Goldman Sachs ou le propriétaire du club anglais d'Aston Villa. La suppression au Royaume-Uni du statut fiscal protecteur pour les non-domiciliés a accéléré cette migration. Milan attire désormais banquiers, chefs d'entreprise et investisseurs, rappelant l'effervescence londonienne des années 1990. Une stratégie assumée, mais risquée Pour Rome, mieux vaut percevoir un impôt réduit que rien du tout. Mais cette politique a des effets secondaires, comme la flambée des prix immobiliers à Milan et la dépendance accrue aux capitaux volatils des ultra-riches. Côté français, François Bayrou s'inquiète. Ces départs potentiels de contribuables aisés signifient autant d'investissements et d'impôts en moins pour l'Hexagone. Plus largement, cette « dolce vita fiscale » risque d'alimenter une compétition entre États européens, chacun cherchant à retenir ses talents et ses fortunes.

Septiembre de 2025 para México será un mes para la historia, mientras tanto en Banxico dan vuelta en ‘U' en sus proyecciones de crecimiento económico para el país. Hay compras en la industria del espectáculo, el debut de una cripto respaldada por los Trump, la reunión de la otra banda que quiere un nuevo bloque liderado por China y el lujo parece que tiene futuro -y sin aranceles- en Los Ángeles.¡Feliz cumpleaños a La Estrategia del Día![Patrocinado] Conoce cómo se pueden beneficiar los comercios minoristas con la digitalización en este especial de Mastercard.

In this new episode format we give a very short briefing on financial news of the week.  This draws on our new weekly newsletter called "The Investor's Briefing". If you wish to read it, you can find it here.  ~*~ For full access to all of our updates and in-depth research reports become a Speedwell Member here. Please reach out to info@speedwellresearch.com if you need help getting us to become an approved research vendor in order to expense it. ~*~ You can get a free trial to AlphaSense through this link here and read 200k+ Expert Call Interviews. -*-*-*-*-*-*-*-*-*-*-*-*-*-*- Show Notes (0:00) — LVMH (1:57) — In Financial Markets  (7:40) — Company News  (12:25) — Spotlight -*-*-*-*-*-*-*-*-*-*-*-*-*-*- For full access to all of our updates and in-depth research reports, become a Speedwell Member here. Please reach out to info@speedwellresearch.com if you need help getting us to become an approved research vendor in order to expense it. *-*-*- Follow Us: Twitter: @Speedwell_LLC Threads: @speedwell_research Email us at info@speedwellresearch.com for any questions, comments, or feedback. -*-*-*-*-*-*-*-*-*-*- Disclaimer Nothing in this podcast is investment advice nor should be construed as such. Contributors to the podcast may own securities discussed. Furthermore, accounts contributors advise on may also have positions in companies discussed. This may change without notice. Please see our full disclaimers here:  https://speedwellresearch.com/disclaimer/

The beauty industry had an eventful summer marked by changing retailer strategies, stark revenue tumbles and a flurry of pricey acquisitions.  In this special episode of The Glossy Beauty Podcast, reporters Lexy Lebsack, Emily Jensen and Sara Spruch-Feiner walk through the stories that defined the season.  This includes strategy shifts within retailers like Sephora, Ulta Beauty and Target, plus a look at disappointing revenue at conglomerates Shiseido and Estée Lauder Companies. The team also discusses the biggest acquisitions of the season — including Rhode, Dr. Squatch, Space NK and Touchland — and the tariff-related topics we're watching as fall approaches.  To start (0:53), Glossy's beauty team digs into the industry's biggest summer investments, led by E.l.f. Beauty's May purchase of Hailey Bieber's Rhode for $1 billion. The team also walks through CPG company Church & Dwight's $700 million purchase of trendy hand sanitizer brand Touchland in May and Unilever's June purchase of digitally-native men's care brand Dr. Squatch for $1.5 billion.   Beauty's top specialty retailers also had big summers. Sephora (8:37) is leaning deeper into a tried-and-true brand launch playbook: the celebrity artist. In the past few weeks, the retailer has rolled out new lines from celebrity makeup artists Hung Vanngo and Mary Phillips, plus hairstylist Chris McMillian.  Meanwhile, Ulta Beauty (18:17) had a whirlwind summer as new CEO Kecia Steelman executed her “Ulta Unleashed” comeback plan. Steelman, who was appointed CEO in January after more than a decade with the company, announced her plan in March as a response to the company's 1.9% year-over-year holiday sales tumble. Glossy's team unpacks all the changes, including the acquisition of U.K. retailer Space NK, international expansion into Mexico and the Middle East, and the end of Ulta's shop-in-shop with Target.  Finally (25:37), Glossy's team walks through can't-miss beauty conglomerate news: LVMH's splashy Louis Vuitton Beauté launch and Shiseido's sales tumble caused by Drunk Elephant's poor performance, plus turbulence at Waldencast and Estée Lauder Companies. Finally (36:27), team Glossy ends with a few autumn tariff predictions. 

In der heutigen Folge sprechen die Finanzjournalisten Anja Ettel und Philipp Vetter über schlechte Zeiten für Bank-Aktien, eine luxuriöse Hoffnung und einen neuen Rüstungs-ETF mit Patent-Bonus. Außerdem geht es um Commerzbank, Deutsche Bank, Delivery Hero, Richemont, Swatch, LVMH, Kering, Alphabet, Amazon, Microsoft, Meta, Xtrackers Europe Defence Technologies ETF (WKN: DBX0W8), Rheinmetall, BAE Systems, Safran, Airbus, Rolls Royce, DSV, VanEck Defense ETF (WKN: A3D9M1), Lockheed Martin, Raytheon, Northrop Grumman, SPDR S&P Europe Defense Vision ETF (WKN: A417ZR), Leonardo, Saab, Thales und Aroundtown. Die Tickets zum Finance Summit am 17. September bekommt ihr 40 Euro günstiger – aber nur mit dem exklusiven Code AAA2025, der ihr unter dem folgenden Link eingeben müsst: https://veranstaltung.businessinsider.de/BN5aLV Außerdem könnt ihr unter diesem Link euer Depot hochladen – und mit etwas Glück wird kein Geringerer als Christian W. Röhl euer Depot beim Summit checken und optimieren. https://form.jotform.com/Product_Unit/formular-finance-summit-depot-check Wir freuen uns an Feedback über aaa@welt.de. Noch mehr "Alles auf Aktien" findet Ihr bei WELTplus und Apple Podcasts – inklusive aller Artikel der Hosts und AAA-Newsletter. Hier bei WELT: https://www.welt.de/podcasts/alles-auf-aktien/plus247399208/Boersen-Podcast-AAA-Bonus-Folgen-Jede-Woche-noch-mehr-Antworten-auf-Eure-Boersen-Fragen.html. Der Börsen-Podcast Disclaimer: Die im Podcast besprochenen Aktien und Fonds stellen keine spezifischen Kauf- oder Anlage-Empfehlungen dar. Die Moderatoren und der Verlag haften nicht für etwaige Verluste, die aufgrund der Umsetzung der Gedanken oder Ideen entstehen. Hörtipps: Für alle, die noch mehr wissen wollen: Holger Zschäpitz können Sie jede Woche im Finanz- und Wirtschaftspodcast "Deffner&Zschäpitz" hören. +++ Werbung +++ Du möchtest mehr über unsere Werbepartner erfahren? Hier findest du alle Infos & Rabatte! https://linktr.ee/alles_auf_aktien Impressum: https://www.welt.de/services/article7893735/Impressum.html Datenschutz: https://www.welt.de/services/article157550705/Datenschutzerklaerung-WELT-DIGITAL.html

Download Deel's free AI-powered HR guide and discover how to streamline processes, stay compliant, and scale globally with ease: https://shorturl.at/Y1ySBWhat does it really mean to belong at work? In this episode of the HR L&D Podcast, Nick Day sits down with Greg Morley — global HR leader, former Head of DEI at Moët Hennessy, and author of BOND: Belonging and the Keys to Inclusion and Connection.Greg shares powerful insights from his 20+ year career at Disney, Hasbro, and LVMH, where he led multicultural teams across the US, Europe, and Asia. Together, Nick and Greg explore:Why belonging is the foundation of inclusion and employee engagementHow leaders can build psychological safety and connection in diverse workplacesThe challenges of driving global DEI initiatives across regions and culturesPractical steps HR professionals can take to embed inclusion into daily practicesWhy belonging is the future of work — and how it impacts retention, innovation, and growthWhether you're an HR leader, people manager, or business owner, this conversation will help you understand why belonging matters and how you can create a workplace where everyone feels valued and connected.

In this episode of Numbers and Narratives, host Sean Collins sit down with Saverio Bianchi, founder of Atelier & Avenue, a boutique e-commerce and digital transformation consultancy. With over 20 years of experience working with luxury brands like Ferrari, LVMH, and L'Oreal, Saverio offers a unique perspective on the current state of direct-to-consumer (DTC) businesses. He discusses the challenges facing DTC brands, including rising ad costs, investor pressures, and the shift towards omnichannel strategies. Saverio emphasizes the importance of creating desire and standing out in an increasingly crowded market, urging brands to be brave and innovative in their approach to growth. He also delves into the critical role of data and insights in decision-making, highlighting the common pitfall of being "data-rich but insights poor." Saverio provides valuable advice on how to overcome this challenge, suggesting that brands "Marie Kondo" their KPIs and focus on actionable insights. This episode is a must-listen for anyone involved in e-commerce, digital marketing, or brand strategy, offering practical wisdom and fresh perspectives on navigating the evolving DTC landscape.https://www.linkedin.com/in/saveriobianchi/https://www.atelierandavenue.com/

Cet épisode est présenté par Squarespace.Vous voulez lancer votre marque, votre projet ou votre portfolio ?Squarespace est l'outil que j'aurais rêvé d'avoir à mes débuts : templates élégants, boutique en ligne intégrée, paiement sécurisé, gestion des stocks, emailing, optimisation SEO… tout en un, sans développeur et sans prise de tête.Essayez 14 jours. -10 % avec le code BOLD → squarespace.com/BOLD

Cet épisode est présenté par Squarespace.Vous voulez lancer votre marque, votre projet ou votre portfolio ?Squarespace est l'outil que j'aurais rêvé d'avoir à mes débuts : templates élégants, boutique en ligne intégrée, paiement sécurisé, gestion des stocks, emailing, optimisation SEO… tout en un, sans développeur et sans prise de tête.Essayez 14 jours. -10 % avec le code BOLD → squarespace.com/BOLD

LVMH Moët Hennessy Louis Vuitton SE, to use its proper name, is led by Bernard Arnault, who is credited with creating today's luxury industry. Can he turn the firm around after its missteps? Why do fluffy K-dramas tempt North Koreans to brave the firing squad? It is not the political messages. And our Big Mac index shows trade-tantrum effects on the dollar.Get a world of insights by subscribing to Economist Podcasts+. For more information about how to access Economist Podcasts+, please visit our FAQs page or watch our video explaining how to link your account. Hosted on Acast. See acast.com/privacy for more information.

LVMH Moët Hennessy Louis Vuitton SE, to use its proper name, is led by Bernard Arnault, who is credited with creating today's luxury industry. Can he turn the firm around after its missteps? Why do fluffy K-dramas tempt North Koreans to brave the firing squad? It is not the political messages. And our Big Mac index shows trade-tantrum effects on the dollar.Get a world of insights by subscribing to Economist Podcasts+. For more information about how to access Economist Podcasts+, please visit our FAQs page or watch our video explaining how to link your account.