Latest news with #Lovisa
Daily Mirror
05-07-2025
- Entertainment
- Daily Mirror
'My water-proof jewellery is so affordable and gets compliments'
Bohomoon is a viral jewellery brand that's gained a huge following on Instagram - our shopping writer Eve Rowlands shares why she loves it Although fashion icon Coco Chanel mused 'before you leave the house, look in the mirror and remove one accessory', I'm quite the opposite in that I feel more is better when it comes to jewellery. Recently, I've been on a mission to enhance my collection of earrings, rings, necklaces and bracelets with staple pieces that I can wear repeatedly, safe in the knowledge they won't stain my skin a delightful shade of green after hours of wear. When I was younger, I would typically opt for the classic high street choices of Lovisa and Accessorize (they provided cheap and cheerful items that ultimately tarnish), but I recently decided to mature and place an order with a brand I'd seen all over my social media, whose golden accessories are renowned for being water, sweat and tarnish-proof: Bohomoon. Plus, they even have celebrity backing with the likes of Camila Cabello being spotted in their earrings. Now, I am a summer girl through and through and love spending my time in the sea so I needed to find some pieces that I wouldn't have to remove every time I went for a swim and wouldn't turn green after one use. And while I adore the likes of Abbott Lyon - I'm the proud owner of its 'E' initial necklace - and would love to invest in some pieces by Ateola and Astrid and Miyu at some point, their price point is just a bit too steep for me (unless it's a payday treat). However, Bohomoon appears to strike a happy balance with decent quality stainless steel jewellery that isn't likely to fade while being relatively affordable - most items are under £35 and the brand is currently offering a 3 for 2 promotion using the code 3FOR2 at checkout. Even better, its outlet has pieces for just £10 - although 'once it's gone, it's gone'. I've been wearing Bohomoon pieces non-stop since I ordered my first earrings a few months ago - since my collection has grown - and at every event I attend, whether it's a wedding, brunch or a walk with friends, my new accessories have drawn compliments, reports OK!. My simple earring stacks have barely left my ears except for a few hours to keep them properly sanitised. Wanting a bit of consistency in my jewellery, I treated myself to the brand's Spirit Hoop Earrings, Halo Opal Studs and the Amanda Opal Studs - all of which cost £10, totalling £30. While the studs are beautifully bohemian, featuring a mermaid blue lab fire opal gem encased in gold, the hoops have a crescent moon hanging from the small huggies. They hold a bit more interest thank your bog standard plain silver or gold studs for me and that's a big win. They haven't turned my ears green at all either - and I've worn them in the shower, sea and even during the recent heatwaves. They're still as fresh as the day I got them. While I've had no issues with these earrings, one shopper did note on the brand's website that the studs appear a 'little whiter than expected' rather than bright blue I found, and the hoops' clasps are 'a bit tricky to click in'. For me, this just ensures they'll stay put. When I'm attending a more glamorous event, I usually switch out the hoops for something a bit bolder, like the brand's Tamara Hoop Earrings, £26, (spotted on Camila Cabello) which have a wavy texture that makes them stand out, and a stud fastening, making them easy to put on and take off. For those willing to splurge a bit more on earring stacks, one brand - a favourite among celebrities like Molly-Mae Hague - is Astrid and Miyu. Their cosmic-inspired earrings offer a sparkling, red carpet-worthy look that doesn't overshadow or draw too much attention away from any outfit. As for rings, I find myself drawn to textures, patterns and fun, thematic styles - as well as mixing and matching silver and gold. So Bohomoon's £28 True Love Ring and £25 Aliah Ring fit perfectly into my rotation (which includes an unbranded classic holiday silver wave ring, opal stone ring with a rope style gold band and a textured hammered effect silver band - Aalto - which has waves etched into it from a Welsh jeweller called Spiral Sheep Designs). Both rings have unique hammered and moulded designs that aren't 'clean girl aesthetic' and add a bit of personality, which is something I look for in my jewels. They're lightweight too, so they don't feel overly heavy when worn, which is always a bonus. When it comes to necklaces, I do love a good bit of layering and have recently found myself attracted to necklaces featuring initials (a big trend lately), for a personal touch. Bohomoon's Luxe Initial Necklace, priced at £26, is a fantastic way to embrace this style without it being too conspicuous. The initial is welded onto a gold rectangle with sun-ray accents and a textured background. It's not overly large either, so it won't dominate the outfit, but rather adds a complimentary flair. I typically pair it with the Herringbone Choker necklace, priced at £22. Of course, for those who prefer a standalone initial necklace, Abbott Lyon's Personalised Initial Necklace can be further personalised by adding the wearer's birthstone. The necklace features the initial as a capital letter and costs £89. Choose from 14-16 inch, 18-20 inch and 22-24 inch. Edge of Ember - a brand loved by Meghan Markle - also offers a range of these style of necklaces, with its version of the initial necklace currently priced at £95. It's worth noting that the Abbott Lyon necklace is made from 18K gold plated stainless steel while Edge of Ember's version is 18K gold-plated recycled sterling silver, which explains the slightly higher prices.
The Guardian
18-06-2025
- Business
- The Guardian
News Corp boss earns $42m as highest-paid CEO of Australian-listed company
News Corp's chief executive has become the highest-paid CEO of an Australian-listed company, a new analysis of CEO pay has found. Chief executives of ASX-listed companies are still being paid 55 times more than average workers in Australia but the gap is yet to widen to extremes seen overseas, according to the annual analysis from the Australian Council of Superannuation Investors (ACSI). Robert Thomson, who heads up the American media company News Corp, was paid nearly $42m in 2024, a $300,000 pay rise compared with the previous year, when he was the second-highest-paid Australian chief. Jewellery retailer Lovisa soared to second for CEO pay after handing $39.5m to its recently departed chief, Victor Herrero, in 2024, despite being smaller than more than 140 other ASX-listed companies. Macquarie Group's Shemara Wikramanayake took $29.8m in 2024, swapping places with commercial real estate giant co-founder Greg Goodman to become the third-best-paid Australian chief. If only ASX 100 companies are analysed, Wikramanayake is the highest paid CEO. The disparity between what CEOs and average workers earned grew in 2024 compared with the year before, after ASX's top 100 companies gave their chief executives a near 14% pay rise on average in the 2023-24 financial year. The average worker's earnings rose 4.6% in the same period, according to the Australian Bureau of Statistics. The gap has fallen since 2014, when chief executives were paid 70 times more than typical workers, the report found. Average CEO pay in 2024 was only slightly higher than it was in 2014, at $5.7m, whereas ordinary wages rose by nearly a third over the past decade. Sign up for Guardian Australia's breaking news email Local chiefs were paid 55 times more than average workers but Australia compared favourably to overseas, where CEO pay packets have soared, according to ACSI's executive manager of stewardship, Ed Johns. 'We're probably doing something right in Australia, where we've seen a real breakout in CEO pay in other countries,' he said. Chief executives at the top 100 US companies were paid 348 times the median American employee in 2024, or more than US$33m (A$51m) on average, according to research from analytics firm Equilar using a different methodology. The 100 biggest British companies paid their CEOs 78 times more than their median employees, the UK's High Pay Centre campaign group revealed on Monday. Australian investors and company boards have protested against big bonuses put forward by numerous companies in recent years, including Qantas, Woolworths and AMP. Sign up to Breaking News Australia Get the most important news as it breaks after newsletter promotion But American enthusiasm for big pay packets was already lifting Australia's CEO pay levels and Australia's disparity could rise if investors stopped keeping watch for 'egregious' bonuses, Johns warned. 'We could see a breakout if that focus is lost, so in the upcoming reporting season we'll be watching really closely … to make sure that the pay is actually in line with investor expectations,' he said. The analysis found the average CEO for a foreign-based, ASX 200 listed company was paid $600,000 more than CEOs of domestic ASX 200 companies, which ACSI attributed to 'North American pay practices'. Two US companies made the top five: News Corp and American-headquartered health company ResMed, which paid its Australian head, Mick Farrell, $20m in 2024. Another three US-based businesses cracked the top 20. 'We wouldn't be surprised to see a number of those names continue to be represented in that list,' Johns said. '[But] we don't want to see Australian companies follow that same path, particularly where these large bonuses don't actually match company performance.' ResMed's Farrell had held the top-paid position the previous year, with $47m pay, but took a cut to $20m after shares in the company tumbled in value over the prospect weight loss drugs would eradicate the need for Resmed's sleep apnoea devices.
AU Financial Review
18-06-2025
- Business
- AU Financial Review
Top executives see take-home pay stagnate amid golden parachute slump
The take-home pay of the country's top 100 chief executives has largely flatlined over the past decade, pushed lower by a slump in multimillion-dollar golden parachutes, research commissioned by super funds shows. The highest-paid chief executive in Australia was outside the ASX 100 – Victor Herrero, recently departed from Lovisa, the fast-fashion jewellery chain backed by billionaire Brett Blundy. The study also included those based in the United States, with News Corporation's Australian chief executive Robert Thomson topping the list with $41.9 million.
AU Financial Review
04-06-2025
- Business
- AU Financial Review
Mark McInnes to earn $2m for executive role at Lovisa
Retailer Mark McInnes will earn another $2 million in annual salary from his boss Brett Blundy after becoming executive deputy chairman of fast fashion jewellery chain Lovisa. Lovisa's biggest backer is Blundy's BB Retail Capital, which controls 39 per cent of the ASX-listed retailer where billionaire Blundy is the chairman.
Herald Sun
04-06-2025
- Business
- Herald Sun
John Cheston takes over as Lovisa CEO
Don't miss out on the headlines from Retail. Followed categories will be added to My News. Longstanding fashion executive John Cheston has taken charge of ASX-listed jewellery behemoth Lovisa as its new chief executive, with the company's board promising him multimillion-dollar pay cheques if he hits key performance targets. The $3.5bn retailer confirmed the new era on Wednesday morning alongside the appointment of Mark McInnes as new executive deputy chairman. Mr Cheston will be paid a base salary of $2.35m but could earn additional short-term cash payments up to $2.35m if he substantially elevates the retailer's earnings. According to the renumeration conditions set out by Lovisa's board, Mr Cheston will receive an extra $2.35m on top of his base salary if he guides the company to earnings growth of 30 per cent or more. If he achieves 18 per cent growth in the EBIT metric, or earnings before interest and taxes, he gets $188,000 but zero if EBIT does not hit the 18 per cent threshold. John Cheston is Lovisa's new global chief executive. Picture: Supplied Further, Mr Cheston, who ran children's retailer Smiggle for more than a decade before Lovisa, could receive up to $7.05m over three-years under a long-term incentive plan if he continually hits EBIT growth of 30 per cent or more for each financial year. The reward will be issued in company shares rather than cash and is subject to a two-year holding period. Mr McInnes, meanwhile, will enjoy a cash salary of $2m in his new role on the board. Lovisa, backed and run by billionaire entrepreneur Brett Blundy, recruited Mr Cheston and Mr McInnes from Solomon Lew's Premier Investments last year. 'Mark's extensive experience and proven track record of success in a large Australian ASX-listed retailer, combined with his leadership skills, make him an invaluable member of the board and executive management team,' Mr Blundy said on Wednesday. 'We are confident that his contributions will further strengthen our position in the industry and drive long-term value for shareholders'. Mr Blundy, through his investment vehicle BB Retail Capital, owns 39 per cent of Lovisa's issued capital. Lovisa holds an international footprint with 943 stores worldwide, including 180 in Australia. Picture: Brenda Strong / The Observer Lovisa, along with all retailers, is navigating an increasingly uncertain global trade environment. Over a five-year time horizon, the company's value has boomed 312 per cent, moving from about $7 a share in June 2020 to $29.33 before Wednesday's trading. The share price spiked 8.2 per cent across Wednesday morning to hit $31.74 at midday. The company has 943 stores worldwide as of December, including 180 in Australia. It has recently opened its first franchise stores in the Ivory Coast and Republic of Congo in Africa and Panama in Central America. In its half-year report from February, the company reported $405.9m in revenues and $56.9m in profits. Originally published as Fashion retailer Lovisa appoints John Cheston as new global CEO
