Business
Market movers
Once was adored: What went wrong with Adore Beauty
Adore Beauty entered the ASX in late 2020 with a market capitalisation of $650 million, enticing more women to invest for the first time. Now the gloss has worn off.
- by Sarah Danckert
Opinion
Superpower showdown
Albo’s economic report card: Must try harder to secure our future
- by Ross Gittins
Exclusive
ABC
Communications minister critical of ABC board process to appoint David Anderson in 2019
- by Calum Jaspan
Currency
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Companies
How Hermes became Europe’s biggest family fortune after spurning LVMH’s ‘wolf in cashmere’
Fifth and sixth-generation Hermes owners stopped the “wolf in cashmere” making their luxury brand another label in LVMH’s stable of about 75 brands that includes Louis Vuitton and Christian Dior.
- by Tara Patel and Angelina Rascouet
BONK, ‘dog coin of the people’, rides high post-FTX collapse
Bonk Inu, created as a joke, has soared by nearly 1000 per cent in the past month, giving it a $2.5 billion market capitalisation.
- by Muyao Shen
Opinion & Perspectives
Barbie, Birkenstocks and men thinking about the Roman Empire: What social trends taught us about the 2023 economy
Some of the big cultural events taught us about the labour market, economic growth and the outlook for 2024.
Jeanna Smialek
Generation Dupe: Why Gen Z admits to buying knock-off goods
Buying knock-offs is a tradition going back generations, but the new twist is publicly outing yourself as owning and wearing them.
Erin Lowry
Does Blackstone have a Crown Resorts shaped problem?
Blackstone is confident in its tried and tested strategy to turn around Crown Resorts. Some US-based investors are not as convinced.
Amelia McGuire
Producer
Banking & finance
Entrepreneurship
Once was adored: What went wrong with Adore Beauty
Adore Beauty entered the ASX in late 2020 with a market capitalisation of $650 million, enticing more women to invest for the first time. Now the gloss has worn off.
- by Sarah Danckert
Zoe Foster Blake buys back ownership of Go-To Skincare for $21.8 million
Blake said she was excited to “gallop” into the skincare brand’s tenth year of operations.
- by Jessica Yun
How ego and fear fuelled the rise of artificial intelligence
- by Cade Metz, Karen Weise, Nico Grant and Mike Isaac
Todd started by selling chicken fingers at uni. Now he has an $11.8 billion fortune
- by Michael Tobin and Tom Maloney
Media
Exclusive
ABC
Communications minister critical of ABC board process to appoint David Anderson in 2019
- by Calum Jaspan
Exclusive
Media & marketing
Josh Szeps’ ABC exit brought forward after Sky News appearance
- by Calum Jaspan
Workplace
Commercial real estate
Mining
Exclusive
Governance
Australian miner’s plan to pour millions into pocket of Congo middleman
- by Nick McKenzie