Latest news with #Olea
Straits Times
30-07-2025
- Business
- Straits Times
World's largest Pierre Herme debuts at RWS; launches bubble tea inspired by iconic macaron flavours
Sign up now: Get ST's newsletters delivered to your inbox SINGAPORE – Macaron fans, the wait is finally over. French pastry chef Pierre Herme's eponymous patisserie opens on Aug 1 at Resorts World Sentosa's new lifestyle enclave Weave. At 3,500 sq ft, the impressive two-storey boutique not only marks the brand's debut in South-east Asia, but is also its largest flagship in the world. The Pierre Herme empire spans more than 90 outlets across 13 countries and is run by almost 1,000 employees. The company – established in Paris in 1998 – opened its first store in Tokyo in the same year. The first Parisian store opened in 2001. This Singapore outpost has been two years in the making, says its France-based founder and renowned chocolatier Pierre Herme, 63, who is in town for the grand opening. He has been here a few times to oversee the project's construction, which houses a retail area on the first floor and a 70-seat restaurant on the second. A curved display counter takes centre stage on level one, featuring its signature macarons, cakes, pastries and chocolates. There are 10 permanent macaron flavours, such as the classic chocolate, vanilla and iconic Ispahan, which is a fruity and floral combination of rose, lychee and raspberry. Eight other flavours will feature on a rotational basis. More unique ones include Olea, a combination of tomato leaf and black olive, and Indulgence, made with fresh mint and peas. Prices start at $4 for a macaron, up to $138 for a box of 40 pieces. There are no special flavours yet, although chef Herme does not rule out making them once inspiration hits. So far, some local delights he has savoured here include chicken rice, chendol and putu piring. To ensure consistency, the macarons sold here, along with the chocolates, are made in France, flash frozen and flown over. For 2025, he is on track to produce a whopping 30 million macarons worldwide. Over the years, he has made thousands of macaron flavours, of which 25 to 30 are launched in a year. Other products, such as the pastries, cakes and ice cream, are made in Singapore. The coffee and tea counter features his interpretation of bubble tea ($9 each), which is a first for the brand. The bubble tea flavours, which take inspiration from its macarons, include Ispahan, Matcha Cappuccino and Jardin de Pierre. The drinks are made with the brand's own black tea flavoured with citrus fruits, spices and rose perfumes. While this is not quite your typical bubble milk tea, the drinks do include tapioca pearls infused with tea. Bubble tea has been in the works for two years, says Herme, who was waiting for the right time and location to launch it without the use of plastic straws. The straws used here are made of sugarcane. The store also houses another first – an ice-cream and sorbet bar – introduced here to suit Singapore's weather, he adds. Ispahan is one of the macaron-inspired ice-cream flavours, along with Mogador, a milk chocolate and passionfruit sorbet; and Montebello, which pairs pistachio ice cream with strawberry sorbet. Prices start at $6 for a single scoop in a cup. For a more leisurely sit-down experience, the restaurant on the second floor offers savoury items and plated desserts. Breakfast (from 9 to 11am) includes dishes such as Eggs Benedict ($18); scrambled eggs and beef bacon ($12); and avocado toast, candied egg yolk and pistachio vinaigrette ($16). From 11am to 5.30pm, menu highlights include an Ispahan-inspired sea bream ceviche ($18) with lychee raspberry jelly, candied and fresh lemon, and rose petals; curry and turmeric French toast ($22) with avocado, quinoa and corn salad; and Croque-Monsieur Pierre Herme Paris ($21), a toasted sandwich layered with melted Comte cheese, bechamel and turkey ham. A teatime set menu is available from $88++ for two people. Do not miss the Singapore-exclusive Tartine Infiniment Cacahuete ($9), a toast-shaped cake with peanut praline, peanut cream and caramel. Helming this outpost is Singapore-based Peruvian chef Antonio Benites, who worked with Herme in Paris for four years from 2006 to 2010. It was Herme who introduced chef Benites to the late French chef Joel Robuchon, whom he worked for at the now-defunct Joel Robuchon Restaurant in RWS from 2010 to 2018. Chef Benites also previously helmed Origin+Bloom patisserie at Marina Bay Sands. After launching the Singapore store, Herme has another Paris opening on July 31. His other launches for 2025 include Jakarta, Zurich and Uzbekistan. And while RWS will remain home to the flagship, Herme does not rule out opening another store in the city area. When asked about the future of his brand, he says: 'I don't have a crystal ball, but I would like people to know Pierre Herme as the best in the world of pastry. 'I hope that people will leave (the shop) with a smile. It's the most important and most beautiful.'
Business Wire
08-07-2025
- Business
- Business Wire
IMPLANET Announces Half-Year Revenue for 2025 up 41% to €5.8 Million
BORDEAUX, France & BOSTON--(BUSINESS WIRE)--Regulatory News: IMPLANET (Euronext Growth: ALIMP, FR0013470168, PEA-PME eligible), a medical technology company specializing in implants for orthopedic surgery and the distribution of advanced medical equipment, today announced its revenue for the first half of 2025. Ludovic Lastennet, CEO of IMPLANET, said: "Following a second half of 2024 with strong growth of +66%, our excellent commercial performance continued into the first half of 2025, achieving growth of +41% compared to the same period last year. These results confirm the effectiveness of our strategy and underscore the full potential of our partnership with Sanyou Medical. Building on these results, we remain committed to accelerating the commercial rollout of our implant ranges across markets identified as strategic, particularly in the United States. Furthermore, we remain convinced that beyond the quality of our implant devices, now used daily in operating rooms, our range of equipment to assist surgeons represent one of the key pillars of our actual growth. Given the growing demand from surgeons and healthcare establishments for the deployment of innovative surgical tools, our partnership with Sanyou Medical enables us to look forward with confidence and determination to the next generation of AI-monitored cobotic and robotic surgical procedures." First-Half 2025 Revenue Growth of +41% The Company generated revenue of €5.81 million in the first half of 2025, compared to €4.12 million in the first half of 2024. This 41% growth in the first six months of 2025 confirms the strong performance recorded during the previous half-year, which saw a +66% increase. The Spine Implants business generated revenue of €3.99 million in the first half of 2025, compared to €3.64 million in 2024, representing a +10% increase versus the same period of the prior year. The medical equipment distribution business continues to grow strongly, driven by the ongoing deployment of the Olea ultrasound scalpel across all geographical areas, as well as by the development of the exclusive partnership with elliquence in the U.S. endoscopic spine surgery market. Medical equipment distribution revenue quadrupled in the first half of 2025 compared to the same period in 2024, reaching €1.82 million. Revenue in the United States for the first half of 2025 reached €1.58 million, compared to €0.58 million in the previous year, representing an increase of +174%, primarily driven by commercial developments with elliquence. In France, revenue grew by +5%, totaling €2.32 million. Export activity in the rest of the world also recorded strong growth of +44%, reaching €1.91 million in the first half of 2025 compared to €1.32 million in 2024. Second Quarter 2025 Revenue Growth of +71% The Spine Implants business recorded revenue of €1.88 million in the second quarter of 2025, representing a +12% increase compared to €1.68 million in the second quarter of 2024. Revenue from the medical equipment distribution activity reached €1.35 million in Q2 2025, compared to €0.21 million for the same period in 2024. Activity in France grew by +5%, reaching €1.16 million for the quarter compared to €1.11 million for the same period in 2024. In the United States, revenue was multiplied by 5.4x, rising to €1.25 million for Q2 2025, from €0.23 million in Q2 2024, driven in particular by commercial developments with elliquence. Export revenue in the Rest of the World reached €0.82 million in the second quarter of 2025, compared to €0.56 million in the prior year, representing an increase of +48%. Strategy and Outlook for 2025 Finalize the registration of existing products under the European Medical Device Regulation (MDR) and the FDA's 510(k). Continue to expand the Company's presence in the United States: Reinforce resources and commercial capabilities for the historical team; Expand the Company's direct approach by enlarging the scientific team of key opinion leaders; Enhance market momentum and expand the product offering: Deploy the commercial and technological partnership with Sanyou Medical for the joint development of a new, innovative European range of hybrid posterior fixation systems; Launch distribution of the JAZZ® platform in China, the world's largest spine market by volume, in collaboration with Sanyou Medical; Distribute advanced medical technology equipment in Europe, including the ultrasonic surgical scalpel from SMTP Technology Co. Position Implanet as a partner for surgeons and healthcare institutions in terms of Artificial Intelligence, cobotics and robotics adapted to our implants. Cash Position As of June 30, 2025, the Company had a cash position of €0.50 million. Additionally, during the second quarter of 2025, Implanet secured new financing in the form of a short-term working capital loan from Shanghai Pudong Development Bank ('SPD Bank') for a total amount of RMB 4.75 million, or approximately €0.57 million, with a term of 12 months, repayable in fine, without collateral and intended for payments to suppliers and other operating expenses, the repayment of which is guaranteed by Sanyou Medical. Considering this recent financing, the projected cash flow based on current business assumptions, the anticipated commercial developments for fiscal years 2025 and 2026, and the secured payment facilities with the Sanyou Medical group, the Company believes it will be able to meet its operational financing needs for the next twelve months. Additionally, the Company continues to explore various financing solutions to accelerate the development of its business and support medium-term growth. Upcoming Financial Communications First Half 2025 results – September 16 th, 2025, after market close About IMPLANET IMPLANET is a medical technology company that manufactures high-quality implants for orthopedic surgery and distributes medical technology equipment. Its activities focus on an innovative solution to improve the treatment of spinal pathologies (JAZZ®), complemented by the product range of thoraco-lumbar screws, cages, and cervical plates, acquired through Orthopaedic & Spine Development (OSD) in May 2021. In 2022, the Company entered into a commercial, technological, and financial partnership with Sanyou Medical, China's second-largest medical device manufacturer. As part of this strategic agreement, IMPLANET developed in 2024 the Jazz Spinal System™ hybrid fixation system, a unique new range featuring a comprehensive pedicle screw solution, combined with the market's most advanced braided implant technology, JAZZ®. IMPLANET's orthopedic platform is built on the traceability of its products. Protected by four families of international patents, JAZZ® has received 510(k) regulatory clearance from the U.S. Food and Drug Administration (FDA), CE marking in Europe, and ANVISA approval in Brazil. IMPLANET employs 46 people and generated €9.4 million in consolidated revenue in 2024. Based near Bordeaux, France, IMPLANET has operated a U.S. subsidiary in Boston since 2013. IMPLANET is listed on the Euronext Growth market in Paris. For more information, visit ____________________________ 1 Unaudited figures
Calgary Herald
03-07-2025
- Business
- Calgary Herald
Chorney-Booth: Local restaurants freshen up with new concepts and locations
The restaurant world can be a fickle industry, and Calgarians seem to be particularly guilty of constantly chasing what's trendy and new in terms of places to eat. Which is great for restaurants when they're on the receiving end of the buzz, but what's a hotspot to do when it starts to feel less hot? Article content Smart restaurateurs have long known that being nimble and willing to pivot is part of the game. Concept changes, rebrands, and even relocations can breathe new life into a food business. This spring and early summer have seen several local restaurants shift gears to feel a little bit fresher. Article content Article content Article content For example, the team behind the recently closed Sensei Bar wanted to make better use of their funny little restaurant and bar space, which sits off the back of their larger restaurant, Olea. Culinary director Ryan Blackwell had seen chefs in other cities try out the concept of a 100-day restaurant (that is, a restaurant that truly only exists for 100 days) and thought it would be a good way to cycle concepts in and out of the cosy bar area. Article content Article content Article content 'We talked about it and thought 'why not?'' Blackwell says. 'It is kind of like throwing mud against the wall to see what might stick. We're also looking for the public's feedback to get a better idea of what they want.' Article content What are they throwing against the wall in Oori Nori Handroll Bar? For now, the focus is on sushi hand rolls — those long, cigar-shaped rolls that seem to have replaced the cone-shaped rolls in terms of popularity. Each roll is stuffed with rice plus anything from traditional salmon and mayo or spicy tuna and cucumber to the premium 'pearl roll' with Hokkaido scallop and mango salsa or an Atlantic lobster roll with tarragon butter sauce. Article content Article content Article content The rolls are much more filling than they look, and Oori Nori portions them in combos of four to six rolls ($22 to $31) and also sells them individually ($6.25 for a regular roll or $8.50 for premium rolls. The rest of the menu is rounded out with a shareable 'Tokyo Kozara' appetizer plate ($26) and a selection of sake and Asian-flavoured cocktails. Article content Oori Nori, which opened in early June, will indeed exist for only 100 days, with the mandate to shut down the first week of September. After that, expect a new concept to set up shop — Blackwell is already cooking up a hip shawarma place with lots of eastern Mediterranean flavours. Article content Article content Meanwhile, Chef Roy Oh, who first gained local fame for his dearly departed Anju restaurant and then re-emerged shortly after the beginning of the pandemic with his Roy's Korean Kitchen, also just made a pivot, though this one involves a physical move. Oh closed down his full-service Roy's location in Mission late last year and then shuttered his quick service kiosk in the District at Beltline food hall this spring. At that time, Oh made a promise to re-emerge, which he made good on a few weeks ago with a new food counter in Heritage Square.
Yahoo
28-06-2025
- Business
- Yahoo
BBVA Partners with Olea to Broaden Global Supply Chain Finance Access
Banco Bilbao Vizcaya Argentaria, S.A. (NYSE:BBVA) is one of the 11 best European stocks to invest in. On June 24, BBVA announced a strategic collaboration with digital trade finance platform Olea to expand its supply chain finance (SCF) offerings worldwide. The collaboration targets emerging markets and Asia, aiming to streamline cross-border transactions with real-time data, risk analysis, and faster execution. A business professional banking from their laptop, taking advantage of the company's investment services. With Olea's reach across 70+ trade corridors, the partnership addresses financing challenges for mid-sized suppliers and supports scalable, inclusive SCF solutions. BBVA plans to integrate future innovations like AI-driven credit scoring and sustainable finance models, further enhancing its role in next-gen global trade. Banco Bilbao Vizcaya Argentaria SA (BBVA) offers retail, private, wholesale banking, and asset management services across six regions: Spain, the U.S., Mexico, Turkey, South America, and the rest of Eurasia. Its operations span banking and insurance activities, with regional subsidiaries and branches supporting localized financial services throughout Europe, the Americas, and Asia. While we acknowledge the potential of BBVA as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: and . Disclosure: None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Finextra
24-06-2025
- Business
- Finextra
BBVA allies with Olea on supply chain finance
BBVA CIB has entered into a strategic alliance with Olea, a digital platform specialized in international trade finance and risk solutions, to strengthen its global supply chain finance (SCF) offering. 0 This agreement will allow BBVA to provide comprehensive and scalable solutions to support the growth of internationally active companies, optimizing their supply chains in an increasingly demanding global environment. Through this partnership, BBVA expands the scope of its SCF solutions—currently offered in Europe, USA and Latin America—and extends them globally. In doing so, the bank offers its corporate clients a fast, flexible solution adapted to the specific characteristics of each transaction and market. Integrated solutions tailored to each transaction The alliance entails deep operational integration, with direct coordination between BBVA's and Olea's commercial teams, a joint model focused on major trade corridors, and the use of real-time data for more accurate risk assessment. This analytical and execution capability addresses the needs of companies requiring agility, multi-currency coverage, and financing models that are simple to implement, without compromising the sophistication and control required. According to Pep Ferrís, Head of BBVA CIB in Asia, 'with this partnership, BBVA strengthens its commitment to being the go-to bank for its global clients in Asia as well—a key market for the internationalization and transformation of supply chains. Integrating solutions like those offered by Olea enables us to respond more swiftly, closely, and effectively to our clients' challenges.' 'In an environment marked by geopolitical uncertainty, supply chain finance has become a key tool to enhance the resilience and competitiveness of companies,' stated Eva Rubio, Head of Global Transaction Banking at BBVA. 'With this alliance, we strengthen our ability to support our global clients with innovative, comprehensive solutions prepared to tackle the challenges of international trade.' "Supply chain finance has become a key tool to enhance the resilience and competitiveness of companies" Amelia Ng, CEO of Olea, added: 'This alliance is not only about expanding access to finance but about building a clear and scalable bridge between global buyers and their supply chains. Together with BBVA, we are fostering a more inclusive, sustainable, and connected trade ecosystem.' The joint offering also addresses one of the longstanding challenges in international trade: access to credit for mid-sized suppliers outside their local markets. Olea consolidates financing, compliance, and credit risk assessment into a single platform, enabling BBVA to offer a more inclusive, secure, and efficient solution across all links of the supply chain. Olea operates in more than 70 trade corridors, with a particular focus on emerging markets, where it connects global liquidity with commercial opportunities through digital solutions that streamline international financing. Commitment to transforming global trade Through this alliance, BBVA cements its position as a strategic partner for companies operating in complex environments and seeking customized solutions to drive their international expansion. The joint proposal offers real-time data-based risk assessment, greater operational agility—reducing turnaround times from weeks to days—and expanded access to a validated global supplier network.
