Northern Trust's Q2 profit drops on fee-based income weakness
Asset and wealth manager Northern Trust reported a 17% drop in second-quarter profit on Wednesday, as lower fee-based
1970-01-01 08:00
Kering Said to Tap Defense Advisers as Activist Bluebell Circles
Kering SA is speaking to defense advisers as activist investors including Bluebell Capital Partners Ltd. circle the French
1970-01-01 08:00
Splash out for this heritage tomato, fennel and dukkah salad
Make this in summer when the tomatoes are at their best,” suggests Imad Alarnab. “The better the tomato, the better this will taste, so splash out and get the good ones.” Heritage tomato, fennel and dukkah salad Serves: 2 as a main or 4 as a side Ingredients: 1 fennel bulb 2 tbsp olive oil 1 tsp za’atar 300g assorted heritage tomatoes, cut into chunks 2 tbsp good-quality extra virgin olive oil Grated zest and juice of ½ lemon 2 tbsp dukkah 150g soft goat’s cheese Small handful of fresh tarragon leaves Salt Method: 1. Preheat the oven to 200C/fan 180C/gas 6. 2. Cut the fennel bulb into 6-8 wedges, depending on how large your fennel is. Toss in the olive oil, za’atar and salt to taste, place on an oven tray and roast for 25-30 minutes until soft, slightly crisp and golden. Set aside to cool slightly. 3. Toss the tomatoes in a little salt and the extra virgin olive oil, lemon zest and juice, and dukkah. Roughly crumble the cheese and place on a large serving plate, followed by the roasted fennel and then the tomatoes. Finish with the tarragon leaves. Imad’s Syrian Kitchen by Imad Alarnab (HQ, £26). Read More The National Portrait Gallery’s new restaurant is fabulous upgrade The dish that defines me: Alex Outhwaite’s Vietnamese bun cha 3 TikTok-approved recipes for picnic season Imad Alarnab: In Calais’ Jungle refugee camp, food restored our faith It’s easier to make baklava at home than you might think Make this Middle Eastern lamb shoulder for your next Sunday roast
1970-01-01 08:00
Autocado: Chipotle’s New Guacamole Robot Cuts, Cores, and Peels Avocados
Chipotle’s ‘Autocado’ takes the drudgery out of making guacamole.
1970-01-01 08:00
US single-family housing starts fall in June; permits increase
WASHINGTON U.S. single-family homebuilding fell in June after surging in the prior month, but permits for future construction
1970-01-01 08:00
Kim Kardashian’s Skims is now worth $4bn
Kim Kardashian’s shapewear company Skims is now worth US$4bn (approximately £3.09bn) after a new funding round raised US$270m (£209m). This makes Skims a unicorn company four times over. A unicorn company refers to startup companies with a value of more than $1bn. The company, co-owned by Kardashian, 42, and her business partner Jens Grede, plans to announce its new valuation today (Wednesday 19 July), according to the New York Times. Its previous valuation given by investors was $3.2bn. The reality TV star, best known for starring in 20 seasons of Keeping Up With The Kardashians and The Kardashians, said in an interview: “It has grown quickly and we’re so proud of that. We’ve had a really good flow of product launches.” Kardashian launched Skims in 2019 as she wanted to create shapewear that fits her own skin tone and body type. The brand has since released numerous ranges, including loungewear, maternity wear and swimwear. In 2021, the success of the brand increased Kardashian’s net worth to US$1bn, which earned her a spot on Forbes’ World Billionaires List. Last year, when Skims hit its US$3.2bn valuation, it was estimated that Kardashian became US$600m richer. The company secured US$240m in a funding round led by hedge fund Lone Pine Capital, as well as previous investors. Grede, who is Skims’s chief executive, said in an interview that the company was now profitable and on track for US$750 million in sales this year, up from US$500 million in 2022. Grede said nearly 70 per cent of the company’s overall customers are millennials or Gen Zs, while about 15 per cent of the company’s online customers come from outside of the US. Over the last year, he said that 11 million people have joined waiting lists to buy the brand’s most popular items, which regularly sell out. Skims’ bestseller products include its viral “seamless sculpt bodysuit”, which comes with extra compression at the core and waist areas to create a “figure-enhancing” look. The product description says the bodysuit will “flatter your bust, and rounded butt pockets for a lifted look”. Another bestseller is the “soft lounge long slip dress”, a basic maxi slip dress with a body-hugging fit. For a recent collection launched by the brand, British singer-songwriters Raye and PinkPantheress were enlisted to promote it, along with Bronx rapper Ice Spice. The Kardashian family are also responsible for a myriad of viral beauty and fashion companies. Kim also owns a skincare brand named SKKN BY KIM, which sells a nine-product step-by-step routine for “radiant skin”. Kim’s half-sister, Kylie Kenner, is the founder of beauty brand Kylie Cosmetics, which sells makeup and skincare products. Meanwhile, Khloe Kardashian is the co-founder of Good American, a self-claimed “fully inclusive fashion brand” and Kendall Jenner owns the alcohol brand 818 Tequila. Read More Between Brexit and Covid, London’s food scene has become a dog’s dinner – can it be saved? Influencer Annabelle Ham dies at age 22: ‘A light to the world’ Cruise line apologises after passengers witness dozens of pilot whales being slaughtered Woman claims Skims bodysuit ‘saved’ her life after she was shot four times TikTokers are showing off pink outfits they’re going to wear to watch Barbie movie Florence Pugh’s fans praise star for saving Emily Blunt from wardrobe malfunction
1970-01-01 08:00
Nasdaq Halts Plan to Launch Crypto-Custodian Business in US
Nasdaq Inc. said it’s halting the launch of its digital-asset custodian business in the US due to a
1970-01-01 08:00
Activision Gives Microsoft More Time to Close $69 Billion Deal
Activision Blizzard Inc. agreed to give Microsoft Corp. three more months to close their $69 billion merger so
1970-01-01 08:00
IMF Board Member Expects Sri Lanka to Pass First Bailout Review
Sri Lanka stands a strong chance of passing the first review of its $3 billion bailout given falling
1970-01-01 08:00
Jamie Lee Curtis is working on a new children's book, 'Just One More Sleep,' for January publication
Oscar winner Jamie Lee Curtis also has a busy career as a children’s author
1970-01-01 08:00
Hamas begins paying late salaries in Gaza - ministry
GAZA Hamas authorities in the Gaza Strip have begun distributing June salaries to around 50,000 public sector workers
1970-01-01 08:00
Pablo Torre Shocks 'Around the Horn' Panel By Revealing He's a 'Hand Lotion in the Hair Guy Now'
VIDEO: Pablo Torre and Bob Ryan reveal all their beauty tips on Around the Horn.
1970-01-01 08:00
