Wednesday, November 28

Merry Tills

The British holiday shopping season mirrors the US - Thanksgiving to Boxing Day.  Oxford Street and everywhere dolled up for the cash machine and no wonder : UK retail is 8% GDP and the year-end rush 25% of annual volumes.  Throw in Hanukkah from 9 December and life is looking rosy.

I introduce Astorg to Diageo regarding a portfolio company that makes premium glass bottles.  Diageo the world's largest producer of spirits including Johnie Walker, Jose Cuervo and Kettle One.  And also Captain Morgan rum, based on the 17-th century Welsh swash buckler Sir Henry Morgan who cheers "To Life, Love and Loot!" Afterwards I show one of my Astorg friends around Kew Gardens where we have lunch at the Orangery. A nice afternoon, even if grey, away from the 8e.