From @Breakingviews: Nordstrom’s founding family is again mulling a buyout, but making the math stack up – especially if a profit-hungry private equity partner is needed to stump up some of the cash – requires being firm on price while reigniting growth, @sharonlam_ explains
McDonald’s global same-store sales rose 9%, thanks to both selective menu-price increases and smaller meals in different markets. It demonstrates the company’s ability to keep pace with disparate economies’ stretched consumers, writes @sharonlam_ https://t.co/MRt9wsHVdP
Reese Witherspoon is putting her star power – and business acumen – to the takeover test again. Some celebrity-studded deals work out well, but many turn fame to shame, writes @sharonlam_ https://t.co/K9rxBIi0y5
Natura is mulling a sale of The Body Shop. This would simplify Natura’s sprawling business, but is likely to fetch a lower valuation than its original purchase price. Moreover, sprucing up its remaining brands looks difficult, says @sharonlam_ https://t.co/4p9FqMEcyl
Tapestry’s $8.5 billion deal with Capri could help it defend share against higher-end European companies, but the deal’s steep cost - and the big loan it necessitates - makes for a raggedy ensemble, write
@AnitaRamaswamy@sharonlam_
https://t.co/NAuS8DjCwv
Fashion houses like Ralph Lauren and Michael Kors have lost market share to higher-end European rivals. A quicker pivot to Asia or M&A may help offset a US consumer squeeze. Neither are easy solutions: @AnitaRamaswamy@sharonlam_ https://t.co/jqdo9c1sPP
Haze from smoldering Canadian forests has blanketed U.S. cities. Politicians struggle to be joined up on atmospheric issues. Companies have little incentive to. But toxic fog might spur a shift among the real decision-makers: @TheRealLSL@sharonlam_ https://t.co/GYjrpH18Bw
Shares in Shopify shot up over 20% after it said it was selling its logistics business to Flexport. The Canadian e-commerce firm is finding that simpler is better after all, says @sharonlam_ https://t.co/2jpAD9L4l2
When it comes to supplying households with electricity and natural gas, boring is typically beautiful. Algonquin Power strayed from that approach and now finds itself contending with two pushy investors, says @sharonlam_ https://t.co/i8C7O5Tbj3
Lululemon may be mulling a sale of Mirror three years after buying it. Peloton has had a similar problem. Bold acquisitions that stray from a company’s knitting are exciting when funding is cheap but come at a high price when markets turn, says @sharonlam_ https://t.co/E4r6TbRCCe
Tupperware is boxing itself into a corner. The reusable container maker cited “substantial doubt” about its ability to continue as a going concern, casting doubt over its business model, says @sharonlam_ https://t.co/E4nPIEv5K8
The short-lived fight between Chipotle and Sweetgreen underscores the lengths at which scrappy restaurant operators will go to chase consumer dollars. @sharonlam_ explains. https://t.co/3MDcyMvNt4
Brazilian cosmetics maker Natura is selling its luxury lotion maker Aesop to L’Oreal for about $2.5 billion to pare down debt. As times get tough, expect similar sales to follow. @sharonlam_ explains. https://t.co/csO1zM3AW3