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14 Apr

How L’Oréal USA’s West Coast Headquarters Helping Acquisitions Grow

by Beautifaire101
Beauty, Featured
How L’Oréal USA’s West Coast Headquarters Helping Acquisitions Grow
Carol Hamilton let loose a yelp of surprise when she learned she would oversee the opening of L’Oréal USA’s first major West Coast office not removed from the Pacific Ocean in Southern California. It was October 2020, and the COVID-19 pandemic had been raging for six months. On the Latest York City restaurant where she was lunching along with her boss, the gang was sparse with only five tables occupied. Her latest task seemed daunting but intriguing. Lead the creation of a 120,000-square-foot space in a dilapidated warehouse in El Segundo, a little bit seaside town just south of Los Angeles International Airport, that might include a 25-acre campus.  The challenge was to design a latest office space attractive enough to coax employees...
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7 Feb

David Simon Not Expecting More Retail Acquisitions, for Now

by Beauty Tips
Fashion, Featured
David Simon Not Expecting More Retail Acquisitions, for Now
David Simon likes his position in retail — a type of side hustle for his mall giant Simon Property Group — but he’s content to be the one accepting the rent payments and doesn’t expect to purchase more retailers within the near term.  Partially, that’s since the business of being a landlord is paying up for Simon.  For the quarter ended Dec. 31, the true estate group’s net income increased 33.9 percent to $673.8 million, or $2.06 a diluted share, from $503.2 million, or $1.53, a 12 months earlier. Comparable funds from operations — a normal yardstick amongst retail real estate corporations — inched as much as $1.18 billion from $1.17 billion.  The retail portfolio shifted some throughout the group.  On a conference call with...
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