Sharon Lam @sharonlam_
Journalist at @Reuters @Breakingviews based in Toronto. Toronto, Ontario Joined August 2017-
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From @Breakingviews: Nordstrom’s founding family is again mulling a buyout, but making the math stack up – especially if a profit-hungry private equity partner is needed to stump up some of the cash – requires being firm on price while reigniting growth, @sharonlam_ explains
Natura takes a bath to pass on Body Shop stink - @sharonlam_ - bit.ly/3sDBiwE
Ohio’s weed embrace faces federal buzzkill - @sharonlam_ - bit.ly/3steWOu
McDonald’s global same-store sales rose 9%, thanks to both selective menu-price increases and smaller meals in different markets. It demonstrates the company’s ability to keep pace with disparate economies’ stretched consumers, writes @sharonlam_ reut.rs/3MnbrQd
Rubik’s Cube owner solves eternal M&A puzzle - @sharonlam_ - bit.ly/3Feq8RV
Reese Witherspoon is putting her star power – and business acumen – to the takeover test again. Some celebrity-studded deals work out well, but many turn fame to shame, writes @sharonlam_ reut.rs/3EpURuS
Natura is mulling a sale of The Body Shop. This would simplify Natura’s sprawling business, but is likely to fetch a lower valuation than its original purchase price. Moreover, sprucing up its remaining brands looks difficult, says @sharonlam_ bit.ly/3R1dkW1
Tapestry’s $8.5 billion deal with Capri could help it defend share against higher-end European companies, but the deal’s steep cost - and the big loan it necessitates - makes for a raggedy ensemble, write @AnitaRamaswamy @sharonlam_ bit.ly/3QzBJSl
Fashion houses like Ralph Lauren and Michael Kors have lost market share to higher-end European rivals. A quicker pivot to Asia or M&A may help offset a US consumer squeeze. Neither are easy solutions: @AnitaRamaswamy @sharonlam_ bit.ly/3Yr5zKQ
Haze from smoldering Canadian forests has blanketed U.S. cities. Politicians struggle to be joined up on atmospheric issues. Companies have little incentive to. But toxic fog might spur a shift among the real decision-makers: @TheRealLSL @sharonlam_ bit.ly/3qvdx8K
Shares in Shopify shot up over 20% after it said it was selling its logistics business to Flexport. The Canadian e-commerce firm is finding that simpler is better after all, says @sharonlam_ reut.rs/3AWtAOU
When it comes to supplying households with electricity and natural gas, boring is typically beautiful. Algonquin Power strayed from that approach and now finds itself contending with two pushy investors, says @sharonlam_ bit.ly/3Njd9Dt
Lululemon may be mulling a sale of Mirror three years after buying it. Peloton has had a similar problem. Bold acquisitions that stray from a company’s knitting are exciting when funding is cheap but come at a high price when markets turn, says @sharonlam_ bit.ly/3mYstuu
Tupperware is boxing itself into a corner. The reusable container maker cited “substantial doubt” about its ability to continue as a going concern, casting doubt over its business model, says @sharonlam_ reut.rs/3o66Atm
The short-lived fight between Chipotle and Sweetgreen underscores the lengths at which scrappy restaurant operators will go to chase consumer dollars. @sharonlam_ explains. reut.rs/3GLlhJd
Brazilian cosmetics maker Natura is selling its luxury lotion maker Aesop to L’Oreal for about $2.5 billion to pare down debt. As times get tough, expect similar sales to follow. @sharonlam_ explains. reut.rs/3KxJ0OZ
From Breakingviews - Nike outruns its competitors reut.rs/3FN5wAL
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anywho, i couldn't get my head out of barbieland so i wrote about it today reuters.com/breakingviews/…
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packed myself a girl lunch for the office today :)
a group of two or more men is called a podcast
it’s been a wild ride since i interviewed binance’s ceo on stage at a crypto conference last fall — the same week FTX collapsed. now, the SEC is suing binance. I unpacked what this means in my column today for @Breakingviews ⤵️ reuters.com/breakingviews/…
hello socials✨ big news! i'm proud to share that after nearly two years of working full-time while taking classes at @nyu_journalism and @NYUStern, i've graduated with my master's degree in business and economic reporting. (1/3)
One of my better chart titles. Coupled with my latest on the Federal Reserve and how it has plenty of leeway to spend big on liquidity support. Read on at @Breakingviews bit.ly/3A0IOBQ
tfw your editor lets you say "dickbutts" in a column
It's Macro Tuesday @Breakingviews.This week I edited a piece by @TheRealLSL on two pressing questions in politics and financial markets: is Jerome Powell the most powerful person in the world? And how will his policies affect @JoeBiden's re-election odds? breakingviews.com/features/powel…
we’re back baby! conference besties reunited @ upfront summit
First piece for @Breakingviews - Vodafone is getting more Middle Eastern. After further stake-building, UAE telecoms operator e& now owns 12% of the $31 billion UK telecoms firm. That raises the question of what its $61 billion shareholder is after @gfhay breakingviews.com/considered-vie…
Day Three at the new job and here with my first column. With Republicans poise to take the House, expect a debt-limit stand-off and a on new spending to pull the dollar from its lofty highs. reut.rs/3EhERM8
Very happy to have written my second piece for @Breakingviews. A big thank you to @gfhay, @olivertaslic and @LiamWardProud for helping me with this piece.
NFTs boomed in recent years by offering owners the ability to claim unique digital ownership of a favoured artwork via the blockchain. However, the asset class is now in a decline that shows disconcerting signs of permanence, writes @NetoStreisand bit.ly/3fIwWOk
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