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What the implosion of Nuix can teach investors about IPO listings

Luxury Escapes co-founder Adam Schwab. Source: supplied. There was a saying in the 1990s: it was along the lines of never buy anything that Kerry Packer was selling. Packer has largely been replaced in the last decade by private equity firms as vendors you shouldn’t buy a business from. There are two obvious reasons for this advice. First, PE firms consist of incredibly smart operators whose job is to deliver a strong alpha (above market return) to LPs (limited partners, which are generally s...
Tony Castagna Scott Galloway Adam Schwab Kate Morris Adele Ferguson Neil Chenoweth

Adore Beauty shares slump on slower sales

Adore Beauty shares slump on slower sales Adore Beauty shares have slumped 16 per cent as it becomes yet another online retailer to disappoint the market. Business by ELI GREENBLAT Premium Content Subscriber only Shares in online beauty retailer Adore Beauty tumbled on Wednesday after it delivered an underwhelming trading update. The update showed sales growth slowed in the March quarter. Adore Beauty floated late last year after private equity firm ...
Hollie Adams Kate Morris Ruslan Kogan Adore Beauty Thursday Adore James Height

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