Latest news with #PeterWirtz
Hypebeast
4 days ago
- Entertainment
- Hypebeast
Dior Opens Four-Story New York City Flagship With Luxurious Spa
Diorhas opened the doors to its freshly-renovated New York City flagship, situated just a couple of doors down from Christian Dior's first retail space in the American fashion capital (opened in 1948!), on the corner of 57th Street and Madison Avenue. Spanning four floors, the shop, formally titled 'House of Dior,' was designed by world-renowned architectPeter Marino, who curated the space with a 'pared-down yet warm' aesthetic. Inside a striking white stone facade, featuring floor-to-ceiling windows with extravagant garden sceneries built by landscaper Peter Wirtz, the retail outpost showcases theJonathan Anderson-led House's latest women's and men's ready-to-wear, leather goods, jewelry, and fragrances. On the fourth floor, however, the shop welcomes something completely different: the first-ever Dior Spa in the United States. There, the French label offers in-depth skin diagnoses as part of Dior Measurements, its advanced tool that can analyze your skin's collagen, hydration, pH levels, and elasticity, as well as numerous other treatments, like facials (with tech including Cold Laser, Ultrasound, Microcurrent, LED, Cryotherapy, and Oxygen Infusion), light therapy, and serotonin-boosting 'Happiness' sessions. Last but not least, around the corner from the main boutique, shoppers can find the brand's first standalone Dior Maison shop, which houses an assortment of bespoke decorative pieces, such as floral vases, wooden watch boxes, bronze trays, and brass candlesticks. See Dior's New York City flagship for yourself at the address below. House of Dior23 E 57th StreetNew York, NY 10022
Yahoo
18-02-2025
- Business
- Yahoo
The best performing stock in the FTSE 100 over the last 5 years is…
The FTSE 100 index has had some strong individual performers over the last five years. From Rolls-Royce to InterContinental Hotels Group, quite a few stocks have delivered gains of more than 100%. Interested to know which Footsie stock performed the best over this period? Read on and I'll tell you. It may come as a surprise but the best performer (in terms of share price appreciation) in the FTSE 100 over the last half decade has been private equity and infrastructure company 3i Group (LSE: III). Over the period, its share price has climbed a whopping 249%. That's an impressive return. It's better than four of the 'Magnificent 7' have generated! It's worth noting that this stock has also paid dividends. Five years ago the yield was about 3% but since then the dividend payout has risen substantially. Overall, anyone who has been invested in this company over the five-year period has absolutely cleaned up. If an investor had put £5k into 3i five years ago, that capital would now be worth over £18k. In hindsight, there were some indicators that this stock could potentially deliver brilliant returns. One was insider buying activity. Back in September 2021, I highlighted the fact that Peter Wirtz and Pieter de Jong – both Co-Heads of Private Equity at the time – had just bought £950k and £1.3m worth of stock respectively. These were big director buys and they signalled that management was confident about the business. At the time I wrote: 'Both of these insiders are expert investors. The fact that they've spent millions on stock suggests they're quite confident the share price is set to rise.' Another clue was dividend growth. Over the last five years, the company has aggressively raised its payout, and higher dividends can really push a company's share price higher. Year 2020 2021 2022 2023 2024 Dividend per share (p) 35 38.5 46.5 53 61 Is the stock worth considering for a portfolio today? I believe so, despite the fact it has soared over the last five years. Private equity remains a hot area of financial services today. Across the world, high-net-worth investors are scrambling to allocate capital to alternative investments and firms like 3i are benefitting. Meanwhile, the company has plenty of momentum. One key driver here is Action – the European discount store chain that 3i owns around 80% of. In 2024, Action's net sales and operating earnings before interest, tax, depreciation and amortisation (EBITDA) were up 22% and 29% year on year, respectively. The rest of the company's portfolio appears to be performing well too. In late January, management said: 'We continue to see some significant growth within our other leading consumer and private label portfolio companies, more than offsetting weaker trading at a small number of companies which continue to face specific market challenges.' Finally, the valuation remains low. Currently, the price-to-earnings (P/E) ratio here is only 7.3. That's significantly lower than the earnings multiples on some other private equity businesses. Given the low valuation, I wouldn't be surprised to see a takeover bid come in. It's worth pointing out that economic and financial market turbulence presents a risk here. If financial markets were to freeze up for some reason, 3i's business could be impacted negatively. All things considered though, I think this Footsie stock looks attractive today and is worth considering. The post The best performing stock in the FTSE 100 over the last 5 years is… appeared first on The Motley Fool UK. More reading 5 Stocks For Trying To Build Wealth After 50 One Top Growth Stock from the Motley Fool Edward Sheldon has positions in InterContinental Hotels Group Plc. The Motley Fool UK has recommended InterContinental Hotels Group Plc and Rolls-Royce Plc. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors. Motley Fool UK 2025 Sign in to access your portfolio
