Construction near Dairy Queen eagle nest on Sanibel raises concernsThe environmental effects of artificial sweeteners
SANIBEL Construction near Dairy Queen eagle nest on Sanibel raises concerns While many eagle nests may be a bit difficult to see, one nest has always been a favorite for Sanibel residents and tourists.
The environmental effects of artificial sweeteners Experts are studying how the foods we eat affect the environment, especially after we flush our waste down the toilet.
Victim reacts to man exposing himself to her Ring camera You get a notification on your phone from your ring camera app that someone is at the door, only to find out it is someone exposing themselves. It’s the last thing victim Maria Kivi wanted or expected to see last week.
LEE COUNTY The art of capturing your eye and drawing you in How do you capture young, hip, trendy, fun, movers and shakers, all in a pose? We take you behind the scenes of a Gulfshore Life cover shoot.
FORT MYERS The lives of two SJC Boxers changed in the ring Two SJC Boxers, Mario Nunez and Arbon Kurtishi, help each other in the ring as each of them had their lives changed because of boxing.
FORT MYERS Chlamydia cases rising sharply in Lee County If you think about a crowded space- something with more than 250 people- if it’s in Lee county, statistically one person has chlamydia.
SANIBEL Sanibel resort day passes hope to get more business on the island A pass will allow vacationers to hang out at a Sanibel beach club for a day in hopes of drumming up some business.
Voting equipment tested ahead of Lee County elections Voting equipment is being tested in Lee County. This is to ensure all ballots are printed and counted correctly for the upcoming election.
PUNTA GORDA Charlotte Correctional prisoner arrested for death of another inmate State Attorney Amira Fox convened a grand jury, which decided to move forward with a case against a Charlotte Correctional inmate.
Collier County teen assaulted after leaving party The teen has been charged and the sheriff’s office said they’re aware that many believe felony charges are in order, but under Florida law, there are very specific criteria that must be met for felony charges to be filed.
WINK weather team watching tropical wave over Atlantic Ocean The Weather Authority is watching a tropical disturbance over the Central Atlantic Ocean.
CAPE CORAL Cape Coral drug bust leads investigators to fake fentanyl, cash and guns Cape Coral man arrest on drug charges. Investigators said they found, guns, drugs, and more than $32,000 in Richard Riley’s home.
NAPLES Naples youth flag football team to compete in Ohio tournament This weekend, the Naples Lunatics Green will compete in the Superhero Sports tournament in Canton, Ohio.
Lee County Parks & Recreation to offer free parking this weekend for certain locations Lee County Parks & Recreation sites offering free swimming or free parking this weekend to include parks, beaches and boat ramps.
Tim Aten Knows: Construction expanding Shoppes at Vanderbilt in North Naples Two outparcel buildings under construction simultaneously on the north and west side of the CVS pharmacy at Airport-Pulling and Vanderbilt Beach roads will have new spaces for restaurants, stores and a variety of additional service concepts at the Galleria Shoppes at Vanderbilt, said P.J. Hill, leasing manager for the sprawling retail center in North Naples.
SANIBEL Construction near Dairy Queen eagle nest on Sanibel raises concerns While many eagle nests may be a bit difficult to see, one nest has always been a favorite for Sanibel residents and tourists.
The environmental effects of artificial sweeteners Experts are studying how the foods we eat affect the environment, especially after we flush our waste down the toilet.
Victim reacts to man exposing himself to her Ring camera You get a notification on your phone from your ring camera app that someone is at the door, only to find out it is someone exposing themselves. It’s the last thing victim Maria Kivi wanted or expected to see last week.
LEE COUNTY The art of capturing your eye and drawing you in How do you capture young, hip, trendy, fun, movers and shakers, all in a pose? We take you behind the scenes of a Gulfshore Life cover shoot.
FORT MYERS The lives of two SJC Boxers changed in the ring Two SJC Boxers, Mario Nunez and Arbon Kurtishi, help each other in the ring as each of them had their lives changed because of boxing.
FORT MYERS Chlamydia cases rising sharply in Lee County If you think about a crowded space- something with more than 250 people- if it’s in Lee county, statistically one person has chlamydia.
SANIBEL Sanibel resort day passes hope to get more business on the island A pass will allow vacationers to hang out at a Sanibel beach club for a day in hopes of drumming up some business.
Voting equipment tested ahead of Lee County elections Voting equipment is being tested in Lee County. This is to ensure all ballots are printed and counted correctly for the upcoming election.
PUNTA GORDA Charlotte Correctional prisoner arrested for death of another inmate State Attorney Amira Fox convened a grand jury, which decided to move forward with a case against a Charlotte Correctional inmate.
Collier County teen assaulted after leaving party The teen has been charged and the sheriff’s office said they’re aware that many believe felony charges are in order, but under Florida law, there are very specific criteria that must be met for felony charges to be filed.
WINK weather team watching tropical wave over Atlantic Ocean The Weather Authority is watching a tropical disturbance over the Central Atlantic Ocean.
CAPE CORAL Cape Coral drug bust leads investigators to fake fentanyl, cash and guns Cape Coral man arrest on drug charges. Investigators said they found, guns, drugs, and more than $32,000 in Richard Riley’s home.
NAPLES Naples youth flag football team to compete in Ohio tournament This weekend, the Naples Lunatics Green will compete in the Superhero Sports tournament in Canton, Ohio.
Lee County Parks & Recreation to offer free parking this weekend for certain locations Lee County Parks & Recreation sites offering free swimming or free parking this weekend to include parks, beaches and boat ramps.
Tim Aten Knows: Construction expanding Shoppes at Vanderbilt in North Naples Two outparcel buildings under construction simultaneously on the north and west side of the CVS pharmacy at Airport-Pulling and Vanderbilt Beach roads will have new spaces for restaurants, stores and a variety of additional service concepts at the Galleria Shoppes at Vanderbilt, said P.J. Hill, leasing manager for the sprawling retail center in North Naples.
MILAN (AP) – Ferrari’s sleek sports cars and souped-up Formula 1 racing machines have made the prancing horse logo among the world’s most powerful brands. Now, as the company prepares for a public listing, it wants to cash in on the cachet. The aim: position Ferrari not just as a car-maker, but as a luxury goods company. Think Armani, Hermes … Ferrari. Analysts say that could mean refining its line of merchandise or creating a chain of exclusive clubs and hotels catering to Ferrari owners and the wealthy. Chairman Sergio Marchionne will present his vision to investors in the coming weeks, but the potential already has the two worlds spinning in anticipation. The Made-in-Italy luxury goods sector is abuzz over whether Marchionne’s ambition could facilitate the creation of an alliance of high-end producers, one that might stand up to the French conglomerates like LVMH, while financial analysts are crunching numbers on the brand’s potential value. “I actually think cars are almost incidental to Ferrari,” Marchionne said last month when announcing plans to spin off Ferrari from its mass-market parent Fiat Chrysler Automobiles NV. “It sounds sacrilegious. But it is truly a luxury brand.” Persuading the investing community of that distinction could significantly multiply Ferrari’s market value by putting it among a category of companies that squeeze value not just out of the quality of the materials and product, but also out of their allure. Marchionne has room to leverage. Although Ferrari’s brand has been named the world’s most recognizable for two straight years in a survey by London-based consultants Brand Finance, it is only 350th in value, around $4 billion. Lifting that figure is Marchionne’s goal between now and the IPO, due in the second or third quarter next year. A 30 percent surge in Fiat’s share price since the Ferrari spinoff was announced indicates the potential of the deal, although most analysts aren’t buying Marchionne’s estimate that Ferrari is worth 10 billion euros ($12.5 billion). Max Warburton of Bernstein Research puts the figure around 5- 6 billion euros. Getting a higher valuation is a tricky balance between finding new sources of sales to increase revenues and protecting the brand’s exclusivity. “If you think of the capacity of the Ferrari brand in the luxury space, there are many avenues you can take from a product perspective,” said Anil Valsan, an EY automotive analyst. “But at the same time you have to be very careful about not damaging the brand. It is absolutely critical that the brand’s value is not lost by diversifying into too many products.” Currently, its revenue stream is limited by the fact that it keeps car sales to just 7,000 a year to retain an aura of exclusivity. Also, manufacturing high-performance engines and race cars is more capital intensive than, say, fashion. Ferrari could take a gamble and expand its range of car offerings to include SUVs, a well-performing segment globally. That would bring its automotive portfolio closer in line with competitors Porsche or Bentley. Lamborghini, another Italian sports car maker, has previewed a concept SUV. Already the brand presents itself as a luxury producer, with such services as on-sight atelier for Ferrari buyers to customize their sports cars and a race track for Ferrari owner test drives. But analysts say there is more the company can do to monetize that image. One strategy could be creating an exclusive Ferrari club that could eventually be expanded to hotels catering to Ferrari owners and very high net worth individuals, said Brand Finance executive Robert Haigh. In addition, the Ferrari World theme park – which is being expanded from Abu Dhabi to Barcelona – could be taken global, capitalizing on Ferrari’s reputation for cutting-edge technology, he said. And while Ferrari is already selling branded fashion items – 399-euro ($494) carbon frame Oakley sunglasses, 445-euro ($550) watches and a 1,250-euro ($1,546) LaFerrari lamb nappa leather jacket – not all products bearing the Formula 1 Scuderia logo are of the same high quality. “There are Ferrari caps, rubbish jackets and watches that are not necessarily expensive or well-made,” Haigh said. “They are not necessarily protecting the Scuderia brand the way they should be.” That includes getting back to winning on the Formula 1 circuit – one of the points of contention that led to the putsch of long-time Chairman Luca Cordero di Montezemolo after Marchionne publicly complained about Ferrari’s recent track record. Barclays analyst Kristina Church calculates that if Marchionne is able to position Ferrari as a luxury brand, then the “bull case valuation stretches to 7.1 billion euros” for the company. Meanwhile, the luxury world has speculated that Ferrari’s new plans could increase cooperation among Italy’s luxury brands, which are for the most part independent operators in the hands of their creative founders and lacking economies of scale. Marchionne has already shown his interest in bringing car-making and fashion together by putting fashion designer Ermenegildo Zegna on the board of Fiat Chrysler, with an eye to helping its upscale brands Alfa Romeo and Maserati. Under his watch, Zegna has designed a limited edition interior for the Maserati Quattroporte and Gucci has styled a 500. Giorgio Armani, asked backstage at his last round of shows about the prospect of creating a Made in Italy luxury group, said that “putting together the most beautiful Italian brands is fascinating.” “Everything depends on the quality of the product, on who would want to join,” he said.