A private equity firm is an investment company that provides private backing and makes investments start-up or operating companies through various investment strategies. Private equity firms have attracted the best and brightest in the corporate world, including top performers from the top companies on the Fortune 500 or the FTSE 100. Top performers at accounting and law firms are sought after due to the transaction support work required to complete the deal.
Balfour Beatty is a leading international infrastructure group. They finance develop, build and maintain vital infrastructure that we all depend on in the UK and other parts of the world. Shares in Balfour plunged 52.35p to 172.55p in September 2014 due to programme slippage, resource and skills shortages, poor operational delivery and cost inflation pressures. As soon as the 3rd quarter profits in 2014 were announced the shares plummeted massively.
We’ve all seen the movies like the Godfather and Goodfellas, but what you wouldn’t expect is one of the world’s most powerful companies to adopt a business strategy based on the principles of gangsterism. Jeff Bezos is an American entrepreneur who is the founder and chairman of Amazon.com which is the world’s biggest online retailer and is consistently increasing its market share with ruthless tactics and little remorse.
The most luxurious brand in the world
The Birth of LVMH
Luxurious international conglomerate LVMH comprises of 60 brands including Moet & Louis Vuitton. The company’s chairman and CEO is Bernard Arnault, born 5 March 1949. Arnault is a French business magnate and art collector who’s estimated wealth is said to be at $37bn. After graduating in engineering in 1971 he joined his father’s civil engineering company Ferret-Savinel. Through well timed liquidation & acquisition Arnault swooped from construction to luxury goods and in under a decade he became the first shareholder of LVMH which is now the world leader in luxury brands
LVMH is a French multinational luxury goods conglomerate some of who’s subsidiaries are;
Wines and spirits – Cahteau Yquem, Hennessy, Moet, Belvedere, Krug & Dom Perignon.
Fashion – Christian Dior, Louis Vuitton, Berluti, Fendi, Givenchy, Donna Karan & Marc Jacobs.
Other brands – Nude, Fresh, Guerlain, Fred, Hublot, TAG Heuer, Zenith & Bvlgari.
Culture & Performance
LVMH was formed by the merger of fashion house Louis Vuitton and Moet Hennessey in 1987. The company operates in over 70 countries and employs 125,000 people. There are 3,860 stores worldwide and the reach in Asia especially is growing significant pace. There is a historic energy that flows through the company and its long standing past will contribute to its vivacious future. They utilise the benefits of the digital era and have found a way to ensure their legendary craft appeals to generations to come. Their support for iconic and popular events has helped them to continually develop contemporary branding concepts. Personally, I find the choice of celebrity endorsements sublime. The company share price has been steadily rising for nearly ten years, and this dividend paying stock shows no signs of slowing down. LVMH truly epitomises what a luxury brand should be.
Their Christian Dior celebrity choices are of the highest quality in entertainment.