Latest news with #Petraglia
Arab News
26-03-2025
- Entertainment
- Arab News
Brazilian actress Sabrina Petraglia bridges cultures through film
DUBAI: Brazilian actress Sabrina Petraglia, known for her roles in TV and cinema, has found a new home and purpose in the Middle East. For the latest updates, follow us on Instagram @ Since moving to Dubai in January 2023 with her husband and three children, Petraglia has embraced the region's culture and is making inroads in her attempt to forge cross cultural understanding. 'I never imagined loving the Middle East this much. Whatever I had imagined about the Middle East was totally wrong. The life here is incredible, safe, so beautiful. I like the mentality here. I feel that here your dreams are possible if you work hard,' she told Arab News. Petraglia created her latest project, 'Ocean of Mothers,' in Dubai in January, in a move that she says was the first time a Brazilian production hit the silver screen in the UAE. The film follows three friends — Thais, Erika and Zilda — who connect through motherhood in Santos, Brazil. Despite their busy lives, their friendship becomes a source of strength and support. The film touches on themes like losing one's identity as a mother, feeling overwhelmed, mental health struggles, and the importance of having a support network. A post shared by Sabrina Petraglia (@sabrinapetraglia) 'We started by booking a room for 60 people,' she said, then the number of guests kept increasing until it reached around 400 guests. 'When I saw the cinema full of people and a lot of women from different nationalities, I cried. I could not believe it,' she said. 'I saw a lot of support from women here, because the film is about women. It was so precious for me,' she added. A post shared by Sabrina Petraglia (@sabrinapetraglia) Petraglia is keen to foster collaboration between Brazilian and Arab artists. 'This is one big dream of mine to work with Saudi filmmakers and show Brazilian culture here and sharing Middle Eastern stories with Brazilians also,' she explained. 'Here, I can see big opportunities, and I'd like to show not just to Brazilians, but to the world, what it's like here. The cinema is the best way to do this,' she said. Inspired by her interactions with women in the UAE, Petraglia said she is working on new projects that challenge stereotypes about motherhood and female empowerment. 'For now, it is all only on paper, but I am looking for good partners in Brazil. I am speaking to big channels in Brazil,' she said.
Yahoo
18-03-2025
- Business
- Yahoo
Fashion Dealmaking in the Age of Trump
Dealmakers are an optimistic bunch — it probably helps when you're betting millions or even billions of dollars on a single acquisition. But even taking that into account, bankers, advisers and would-be buyers came into 2025 feeling pretty good after a couple of slow years. More from WWD WHP Offers to Take Guess Private, Valuing the Company at $751.5 Million Is Guess Inc. Revving Up Its Acquisition Engine? Georgina Rodriguez Brings Audacious Femininity to New Guess Holiday Collection Campaign That optimism is being tested now that President Donald Trump has unleashed a series of trade wars that are threatening to tangle supply chains and rattling consumers. Some deals are moving ahead slowly, with strategic acquirers more likely to press on than financial players. But much is on hold. 'Bankers have told us that they had deals they were bringing to market in the first quarter,' said Frank Petraglia, U.S. head of consumer and retail deal advisory and strategy at KPMG. 'They did the work, they put the books together. Our private equity clients told us in December and January they had the books [detailing the financials of a company set to be sold] all ready. They were expecting those books to turn into diligence in the first quarter and deals getting signed around now. 'That hasn't materialized,' he said. 'This is a really difficult environment to sell a business in.' It's been a sudden change as the set up for the market was pretty good coming into the year. Inflation and interest rates were both down, consumers were holding steady, there was pent-up demand in the deal market and Trump was expected to sweep back into Washington as president and, in his own chaotic way, push for deregulation and business-friendly tax cuts. 'That's where we were on Christmas morning with mistletoe in our dreams,' Petraglia said. 'We came in feeling pretty bullish about where the M&A activity was going to be.' The year also started out with a promising flurry of dealmaking. Stella McCartney bought out LVMH Moët Hennessy Louis Vuitton's stake in her brand; Acon Investments and SB360 Capital Partners snapped up True Religion; P180 acquired Vince Holdings; Marquee Brands bought Laura Ashley, and more. But the bullishness was also tinged with some uncertainty. 'It was hard to decipher coming out of the election cycle what actually the administration was going to do, versus say, versus plan, versus execute in the first 30, 60, 90 days,' Petraglia said. 'Where we find ourselves today is with a less bullish prognostication for 2025 M&A.' While Trump was seen as a friend to big business in his first term, this time through he's become a warrior for complete economic transformation. China, Mexico, Canada and Europe have all been swept up in U.S. trade wars, ostensibly intended to rebuild the American manufacturing base. Although many economists and experts argue against either Trump's vision of the future or his approach to getting there, everyone agrees that he's pushing much harder and is more organized around his vision for America this time through. But where Trump promised immediate economic improvements on the campaign trail, he has now pivoted and is acknowledging there would be a transition period. The president and his advisers have recently declined to rule out a recession as he remakes the economy. That change of tone, and efforts to dramatically downsize the federal government, have set the consumer on edge. Consumer confidence has fallen by 22 percent since December, according to the University of Michigan's Surveys of Consumers. So in the short term, it's harder for businesses to see what demand will be with consumers so skittish. And in the long term, it's harder to see what the costs of tariffs will be. That confuses all the algorithms experts use to value companies. 'Nobody knows what's going to happen,' Petraglia said. 'There are management teams that believe this sort of blows over and there's a whole lot of noise that eventually will go away. There's another group of management teams that are activating around, 'How am I going to mitigate my margin erosion if my cost structure increases.'' The result is a period of wait and see, with some signs of dealmaking. Brand management firm WHP Global offered to take Guess Inc. private on Monday in a deal that would value the company at just over $750 million. And on Tuesday, Beyond Inc. said it would sell 75 percent of Zulily to Lyons Trading Co. for $5 million, a quick turn considering Beyond bought the brand for $4.5 million a year ago. The deals that seem more likely to go through are strategic in nature — where one company buys another with the same kind of business — since both buyer and seller are feeling the same kind of pain. Investment banker William Susman, managing director of consumer, retail and e-commerce at Cascadia Capital, said: 'We are actively working on late-stage transactions with two industries companies — both have strategic buyers. Conversations are moving forward, but it helps that both parties are in the same position. They understand each other's challenges.' Susman said he's advising even companies with strong performances lately to wait out the uncertainty for now. 'The dust will settle,' he said. 'But it's a very large assumption that the dust will settle quickly. The administration is showing no sign of listening to CEOs who have repeatedly said, 'Much of our decision-making is on hold.' Best of WWD Harvey Nichols Sees Sales Dip, Losses Widen in Year Marred by Closures Nike Logs $1.3 Billion Profit, But Supply Chain Issues Persist Zegna Shares Start Trading on New York Stock Exchange
