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BIZARRE: 3 | Mind Blowing Facts

3 High-Quality Luxury Stocks to Buy Now

Propelled by robust consumer spending, the luxury market is poised for rapid growth. The return of Chinese consumers and the rise of online shopping is expected to amplify this expansion. Hence, quality luxury stocks Industria de Diseño Textil (IDEXY), H & M (HNNMY), and Movado Group (MOV) could make ideal…

StockNews.com · Aug 16, 2023

Management consultants can make great CEOs—but they have to get their hands dirty first

Some 47 Fortune 500 CEOs have spent time as management consultants but first took more junior roles.

Fortune · Aug 16, 2023

Massive consulting firm Bain says 150 million jobs will go to older workers over the next decade

Baby boomers and Gen Xers aren't going anywhere—they'll make up more than 25% of the workforce by the end of the decade.

Fortune · Jul 20, 2023

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Fighting hackers is big business—and just helped Blackpoint Cyber raise $190 million led by Bain Capital

CEO Jon Murchison is a former National Security Agency computer operations expert.

Fortune · Jun 8, 2023

Harvard MBA Grads Enter a Tepid Job Market Hoping for the Best

Students and faculty say the final semester has been suffused with worry and a higher share of the class leaving school unemployed.

Businessweek · Jun 1, 2023

Chinese police question staff of US consulting firm Bain

Incident comes after police last month raided Beijing office of US due diligence firm Mintz Group and detained staff.

Al Jazeera · Apr 27, 2023

Will the extraordinary boom in luxury goods ever end?

The rise of LVMH to become Europe’s first $500bn company illustrates the sector’s seemingly unstoppable growth

Financial Times · Apr 27, 2023

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Chinese police query Bain's Shanghai office staff - company spokesperson

Chinese police have visited U.S. management consultancy Bain Company's office in Shanghai and questioned staff there, a company spokesperson said on Wednesday without elaborating.

Reuters · Apr 26, 2023

How boards can make good on their DEI commitments

DEI and anything deemed “woke” has become a catchall bogeyman.

Fortune · Apr 17, 2023

LV= awards former boss £318,000 bonus despite widening losses

Mark Hartigan’s exit followed anger over attempt to arrange insurer’s sale to US private equity firm Bain Capital

The Guardian - UK · Mar 30, 2023

Asset managers turn to M&A

Wealth and asset management companies plan to use mergers and acquisitions (M&A) in both scale and scope this year to seize opportunities as the sector anticipates growth opportunities worth US$250 billion by 2030, a recent study found.

Bangkok Post · Mar 7, 2023

Bain Capital Ventures is debuting $1.9 billion in two new funds

Amid the challenging private market environment, the firm raised two new funds above their target size.

Fortune · Feb 28, 2023

For generative AI and ChatGPT, the hunt for profits begins

The first winners in this money race will be the companies that own the underlying AI models.

Axios · Feb 27, 2023

China M&A Deals Plunged 34% to Nine-Year Low in 2022

Economic headwinds and pandemic disruptions similarly slowed global mergers and acquisitions, management consultant Bain reports

Caixin Global · Feb 22, 2023

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Tribune News Service · Feb 22, 2023

Airlines turn market darlings as COVID-19 forces financial clean up

Unloved during the pandemic as their businesses were incapacitated almost overnight, airlines that cut back to survive the crisis are now blowing through profit forecasts and luring back investors.

Bangkok Post · Feb 5, 2023

Firms persist with M&A to expand

Mergers and acquisitions (M&A) will remain a key strategy for companies globally to expand markets and value chains amid increasing turbulence, according to a new report.

Fortune · Dec 13, 2022

Young adults still living with their parents are driving the luxury boom

U.S. Census data shows that nearly half of all young adults aged between 18 and 29 live at home — the highest level recorded since 1940.

The Independent UK · Nov 15, 2022

Global luxury sales set to hit record this year, study says

Luxury spending is growing faster than ever, fueled by pent-up pandemic demand and shifting demographics as younger, more diverse consumers buy into tiny handbag and post-streetwear trends

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The Guardian - UK · Sep 11, 2022

Ban Bain & Co from US government contracts, Joe Biden is urged

Labour peer calls on US president to follow UK in banning firm over misconduct in South Africa

The Conversation · Aug 16, 2022

State Capture eroded institutions in South Africa. How the revenue service is rebuilding itself

South Africa’s Revenue Service is one of many state institutions in South Africa that have been fingered in the Judicial Commission of Inquiry into State Capture. In addition, a special commission established to investigate internal governance at the agency found massive failures of governance. Professor Mills Soko spoke to Commissioner…

The Guardian - UK · Aug 3, 2022

Bain & Co barred from UK government contracts over ‘grave misconduct’ in South Africa

Global management consultancy’s three-year ban follows pressure by ex- Labour minister Peter Hain

Birmingham Post · Jul 18, 2022

LV= boss to step down seven months after failed Bain Capital sale

Mark Hartigan's departure comes after he faced calls to quit following the botched £530m deal

Axios · Jul 5, 2022

Virginia governor Glenn Youngkin explores 2024 presidential election run

The former Carlyle Group co-CEO turned Virginia governor could be setting up a replay of Mitt Romney's 2012 presidential run.

The Independent UK · Jun 21, 2022

Luxury market seen as growing in 2022 despite inflation, war

Neither inflation nor war in Ukraine seem to be threatening to take a bite out of the luxury fashion market

Benzinga · Jun 16, 2022

Dead Man Reawakening? Defunct Rise Education Reborn as EV Charging Company

Key Takeaways: Shares of the former Rise Education soared as it completed a reverse takeover merger with the electric vehicle charging business of Newlink The new company, NaaS Technology, provides software to help China’s growing legions of EV owners use the country’s vast charging network more efficiently

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