Word: rothschild
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...Paris meeting in mid-January was a tense affair. In an oak-paneled conference room of an elegant mansion that once belonged to the Rothschild family, government representatives from more than 30 countries listened skeptically as British officials explained why they had dropped a high-profile bribery investigation into $80 billion in British contracts to supply military aircraft and other equipment to Saudi Arabia...
...Boulevard St. Germain, with founder Cohen in the studio and her husband Bernard keeping the books. Over the years, the business grew, and the couple opened stores in various capitals. In 2003, 33 years after opening their first boutique, the Cohens sold 70% of the company to Edmond de Rothschild Capital Partners, an investment group specializing in growing small and medium-size companies for resale. At a recent press conference, Bonpoint executives noted that their expansion plan was in full swing: annual sales growth averages 14%, with estimated sales of $54.9 million in 2006. The company has opened...
...advertise, so the stores and their whimsical windows are the main way of communicating with customers. None have had more impact than the 12,000-sq.-ft. Left Bank flagship at 6 Rue de Tournon, which opened last April, says Eric de Montgolfier, a managing partner at Edmond de Rothschild. The store, which Bonpoint executives claim is the largest luxury children's shop in the world, occupies the ground floor of a 17th century hôtel particulier and winds around a large neat garden to a newer wing. Shoppers and their parents wander through parlors with fireplaces, moldings and parquet...
...consumers' tastes turn toward the much cheaper wines of the New World. Let the free market play its role. Rudolf Wicki Hinwil, Switzerland One can spend up to €500 on a bottle of what I'm sure would be a very fine vintage of Château Lafite-Rothschild, but I won't. I'll stick with wines from the New World, where the right conditions produce fantastic vintages at much lower prices. The current wine market must surely bring sleepless nights to those who can't produce a good wine in the first place. Who knows what next...
...billion takeover bid by Tata Steel. The deal is the largest-ever Indian acquisition of a foreign firm, and it will catapult Tata from the world's 56th largest steel producer to the fifth. "All credit goes to Ratan Tata," says Sanjay Bhandarkar, managing director of the N.M. Rothschild private bank in India. "He clearly has a vision and knows what he's doing...