All posts tagged: sake

Japan’s dour IPO market unlikely to improve despite sizzling debuts of sake, pet food firms

Japan’s dour IPO market unlikely to improve despite sizzling debuts of sake, pet food firms

TOKYO, April 27 : Sparkling debuts on the Tokyo bourse by a sake brewery and pet food maker last week are unlikely to revive a moribund market for new stock listings in Japan as investors remain fixated on the artificial intelligence boom. Shares of Umenoyado Brewery surged 75 per cent on their first day of trading on Friday, while Inuneko-Seikatsu traded more than 30 per cent higher than its IPO price on Monday. Even as the Japanese stock market surged to successive record highs this year, initial public offerings have disappointed, with new listings largely trading below their debut price. Reforms pushed by the Tokyo Stock Exchange (TSE) have helped valuations jump for the overall market, but stricter listing criteria have put a damper on the IPO sector. At the same time, enthusiasm over the red-hot artificial intelligence sector has sapped interest in IPOs, which are typically small companies that are focused on domestic demand. “The IPO boom has faded because retail investors’ interest is largely focused on AI stocks. We do not see those …

Snowmobiles, Hot Sake, and Kevin Costner: 72 Hours at Moncler Grenoble’s Wild Aspen Weekend

Snowmobiles, Hot Sake, and Kevin Costner: 72 Hours at Moncler Grenoble’s Wild Aspen Weekend

When the international fashion crowd descended upon a New York City mired in sooty, ice-hardened snow last week, some sought respite from the bitter cold by attending sweaty NYFW parties. Others, perhaps, dreamt still of a far more picturesque frosty landscape. Just weeks earlier, on the last Saturday in January, a notable contingent of industry insiders—celebrities, editors, and top-spending clients among them—traveled thousands of miles for the opportunity to witness winter in its peak form in Aspen, Colorado, where Moncler staged the most extravagant fashion show on American soil so far this year. The show was the astounding centerpiece of a destination weekend to celebrate Moncler Grenoble, the Franco-Italian luxury brand’s performance-centric line, and the grand opening of its newest boutique in town. For the duration of the weekend, Moncler took over Aspen during its high season, when the world’s most affluent skiers—and après-ski enthusiasts—flock to the ritzy resort town for its world-class snowy peaks and boozy parties. The luxury winterwear giant set up their temporary headquarters at the boutique-y Hotel Jerome, the one-time counterculture …

Katie Price and Peter Andre end bitter feud for the sake of their children

Katie Price and Peter Andre end bitter feud for the sake of their children

Get the latest entertainment news, reviews and star-studded interviews with our Independent Culture email Get the latest entertainment news with our free Culture newsletter Get the latest entertainment news with our free Culture newsletter Model Katie Price and singer Peter Andre have announced a joint commitment to cease speaking negatively about one another, citing the well-being of their children as the primary motivation. The former couple, who divorced in 2009, shared their decision via a joint Instagram story on Friday. They are parents to Junior, 19, and Princess, 17, and stated their intention to work together as co-parents moving forward. The post read: “Katie Price and Peter Andre have decided to close the door on the past and move forward into a new chapter with positivity and respect. “We are both focused on creating a calm and supportive environment for our children. “We have reached a mutual agreement, both legally and personally confirming that neither of us will speak negatively about the other going forward. This decision reflects a shared commitment to our family and …