The maker of fancy tonic boosted sales by 40 pct last year. Discerning spirits drinkers have helped lift its valuation to 3 bln pounds, a frothy 33 times forward EBITDA.
To justify that premium, Fevertree has to replicate its UK success elsewhere – or find an optimistic buyer.To access full Breakingviews.com content you must be a subscriber. Please use the following link to request a
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Rent The Runway Joins The Unicorn Club At A $1 Billion ValuationRent the Runway joins the unicorn club with a $1 billion evaluation after recieving $125 million in funding. Founders are products of New Rochelle High School ShikaBodani What the hell is their proprietary technology exactly? A computer does colour coordination or something?
Source: Forbes - 🏆 394. / 53 Read more »
Levi's is going public with a $6.6 billion valuationLevi Strauss shares are in demand as the blue jeans maker returns to the stock market after a 34-year absence. It was nice when they made jeans in the US like AllAmericanJean does. Good times Too bad most Levi's products are manufactured in China.
Source: CNN - 🏆 4. / 95 Read more »
Opinion | The future of e-cigarettes depends on the industry’s willingness to protect teensOpinion: The future of e-cigarettes depends on the industry’s willingness to protect teens No it doesn’t it depends on like everything else how much gpvt will regulate Why doesn't it depend on the PARENTS' willingness to protect their teens? E cigs became popular after cities targeted smokers and raised taxes on them. Smokers move to e cigs and now you want to ban those, because of teens, who will do what they're not supposed to regardless of any law.
Source: washingtonpost - 🏆 95. / 72 Read more »
EU will offer Brexit delay, but length depends on UK parliamentThe length of the delay depends on whether Theresa May is able to win a vote in parliament on an exit agreement next week.
Source: CNBC - 🏆 12. / 72 Read more »
Nintendo shares surge 5 percent following report of new console modelsShares of popular video game maker Nintendo surged on Tuesday following a report that the company would be releasing new versions of its blockbuster Switch console as soon as this year.
Source: CNBC - 🏆 12. / 72 Read more »
U.S. existing home sales surge, boosted by Fed's signal on ratesU.S. home sales surged in February to their highest level in 11 months, a sign t... Go Redfin ! Gotta love innovation and breaking rules!
Source: Reuters - 🏆 2. / 97 Read more »
Shares in Asia set to slip despite Wall Street surge overnightStocks in Asia were set to slip at the open despite an overnight surge on Wall Street, with the Dow Jones Industrial Average posting a gain of more than 200 points. So in other words... They are less fake than our markets Who cares? $spy is going to $400 because Powell and. fed LOAN cheap money from the future , and the rich took it and is continuing to RUN UP $SPY So the market $spy has added over 3trillion dollars in 3 months? Where TF DID THAT MONEY COME FROM? Powell ? our children's future? I MEAN THIS PUMP HAS COLLUSION WRITTEN ALL OVER IT! BUT ONLY DUMB FOOTBALL PLAYERS GET CAUGHT FOR INSIDER TRADING.
Source: CNBC - 🏆 12. / 72 Read more »
Levi Strauss shares surge, as jean giant makes return to the public marketBlue jeans giant Levi Strauss & Co. began trading Thursday on the New York Stock Exchange at $22.22 a share, after having priced its initial public offering at $17 a share the night before. I gave up and just wear sweatpants now dadlife I love denim, but I will never wear Levi’s.
Source: CNBC - 🏆 12. / 72 Read more »
ICE immigration arrests are declining as law enforcement focuses on border surgeDeportation goals falter as migration soars, diverting resources to border. The U.S. is becoming a dark a dreary place. We can't keep ICE workers in their positions because of how our citizens treat them. Let people come in and close the CDC if the flu like illness that's killing them goes airborne. If the people do not want protection, remove the protection and let them protect themselves. Migration - Jan Theuninck, 2015
Source: washingtonpost - 🏆 95. / 72 Read more »