Adrienne Klasa

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Thursday, 7 December, 2023

News in-depthSanofi SA
Sanofi chief says he could have done a better job outlining R&D plan
Paul Hudson is meeting investors to explain multibillion-euro push to get drug candidates to market
Wednesday, 6 December, 2023

News in-depthLuxury goods
Return of rich tourists and weak yen helps Japan escape luxury downturn
Country has remained a bright spot for top-end spending despite slowdown in many other markets
Wednesday, 29 November, 2023

Farfetch.com Ltd
Farfetch shares plunge despite talk of founder taking it private
Online luxury retailer tells investors past forecasts ‘should no longer be relied upon’
Wednesday, 29 November, 2023

Casino Guichard-Perrachon SA
Křetínský pushes French retailer Casino to offload stores before bailout
Carrefour and Lidl among those seeking to buy hypermarkets from indebted group built by Jean-Charles Naouri
Tuesday, 28 November, 2023

Atos SE
Atos in talks to change terms of Křetínský deal for IT services unit
News of move by indebted French group in negotiations with Czech billionaire follows S&P credit rating downgrade
Tuesday, 21 November, 2023

Altice Europe NV
Altice sells chunk of data centre business to Morgan Stanley
Telecoms group owned by Franco-Israeli billionaire Patrick Drahi seeks ways to cut $60bn debt pile
Sunday, 12 November, 2023

Private equity
Wendel seeks further private equity deals after IK partners investment
Family-backed French firm scours market for targets as it starts managing outside money for first time
Friday, 10 November, 2023

Cie Financiere Richemont SA
Richemont’s profits disappoint in latest sign of luxury industry slowdown
Swiss company behind Cartier jewellery brand reports lower than expected sales and profits
Tuesday, 7 November, 2023

Sanofi SA
French prosecutors examine claims of market manipulation against Sanofi
Preliminary probe looks into financial communications around 2017 launch of group’s blockbuster drug Dupixent
Saturday, 4 November, 2023

News in-depthLuxury goods
Post-pandemic party’s over as Americans shun cognac
US is the world’s biggest consumer of French brandy but a sharp drop in sales is sobering news for producers
Thursday, 2 November, 2023

News in-depthHermès International SCA
‘The Hermès Game’: how the luxury house is defying the slowdown
Tightly controlled production and premium positioning are helping maker of Birkin and Kelly bags outshine rivals
Thursday, 2 November, 2023

Atos SE
New Atos investor calls for review of asset sale to Daniel Křetínský
Onepoint, which has built a 10% stake in the French IT group, says price agreed with Czech billionaire is too low
Sunday, 29 October, 2023

News in-depthLVMH
Louis Vuitton juggles volume and value as luxury boom ebbs
Sector’s first brand to top €20bn annual sales must continue to grow while maintaining its cachet
Friday, 27 October, 2023

Sanofi SA
Sanofi shares fall 19% after cut to profit outlook
French pharma group announces consumer unit split and increased R&D investment
Friday, 27 October, 2023

Food & Beverage
Rémy Cointreau drops to three-year low as US consumers shun cognac
Cognac revenues contract 30 per cent driven by falling American sales and heightened price competition from LVMH
Thursday, 26 October, 2023

Casino Guichard-Perrachon SA
Casino slashes profit forecast after French market disappoints
Troubled French supermarket group hobbled by falling sales and rising debt
Wednesday, 25 October, 2023

Kering SA
Kering sales slump casts doubt over Gucci reboot
French group says margins will remain under pressure as it spends to revive brands
Tuesday, 24 October, 2023

Hermès International SCA
Hermès sales growth slows in third quarter
Maker of Birkin bags benefits from high-end positioning in tougher market
Sunday, 22 October, 2023

Atos SE
Saving Atos: Jean-Pierre Mustier handed one of France’s messiest rescue missions
Former UniCredit boss steps into governance and political quagmire to turn around indebted tech contractor
Thursday, 19 October, 2023

L'Oreal SA
L’Oréal sales growth curbed by muted recovery in China
Strong performance in US and Europe helps offset issues with Asia travel retail and luxury division
Wednesday, 18 October, 2023

Carrefour SA
Carrefour and Chinese conglomerate Suning in legal battle over China stores
The retail network in the country has been bleeding cash and losing market share to rivals
Monday, 16 October, 2023

Atos SE
IT services group Atos appoints Mustier as chair
Appointment of former UniCredit boss at indebted French tech company casts doubt over restructuring plans
Sunday, 15 October, 2023

News in-depthIsrael-Hamas war
Israel-Hamas war unleashes wave of antisemitism in Europe
Jews on the continent fear they could become a target of Muslim anger
Friday, 13 October, 2023

Terrorism in France
Teacher killed in knife attack at school in northern France
Macron says high school in Arras ‘hit by barbarism of Islamist terror’ while national security alert raised to highest level
Thursday, 12 October, 2023

News in-depthLuxury goods
Luxury groups bid farewell to the ‘roaring’ pandemic years
Slowing sales at bellwether LVMH signal a retreat among aspirational buyers in the US and Europe