Rabanne Owner Puig, Shareholders Raise €2.6 Billion in IPO
The listing drew orders for multiple times the number of shares available and is contributing to a broad resurgence of European initial public offerings.
The sportswear brand's founder and chairman emeritus gave 12 million shares to an unnamed organisation.
The markdowns come amid slowing demand as the apparel industry’s slump deepens and teens opt for rivals Adidas and Vans.
Nike Inc. posted disappointing third-quarter sales and signalled that orders in North America and some overseas markets are increasing more slowly than projected.
Nike Inc. co-founder Philip Knight donated $400 million to Stanford University to start a graduate scholars program that will address “global challenges” facing society.
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Nike Inc., the world’s largest sporting-goods company, approved a new $12 billion stock buyback plan and said it would split its shares 2-for-1.
Kate Freeman of Los Angeles filed a lawsuit on Friday in Multnomah County Circuit Court seeking $1.3 million from the Beaverton, Oregon-based company.
The sportswear giant has been working hard on winter-wear and spent three years developing its new breathable running shirt.
Nike Inc put its weight behind President Barack Obama's push for a trade deal with Asian countries on Friday with a promise to create up to 10,000 US-based manufacturing jobs if the pact is approved.
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Nike Inc. and its partners will create as many as 10,000 US manufacturing and engineering jobs over the next decade if Congress approves fast-track trade legislation and a Trans-Pacific Partnership trade agreement is finalised.
Nike Inc. and its partners will create as many as 10,000 US manufacturing and engineering jobs over the next decade if Congress approves fast-track trade legislation and a Trans-Pacific Partnership trade agreement is finalised.
Nike Inc., the world’s largest sporting- goods maker, posted third-quarter profit that topped analysts’ estimates, helped by demand in North America.
Nike Inc. on Thursday reported fiscal second-quarter net income of $655 million. The results topped Wall Street expectations.
The listing drew orders for multiple times the number of shares available and is contributing to a broad resurgence of European initial public offerings.
The line, Orebella, launches on May 2 with a selection of three perfumes.
E-commerce is seen by the company as its next big potential revenue source as well as a way to keep users spending time and money on its app.
The preliminary injunction hearing on the US Federal Trade Commission’s bid to block Tapestry’s attempted takeover of rival Capri will likely last a week and a half, the judge said.
The online fast fashion retailer is moving into other categories and has given brands and retailers access to its platform in nine European countries so far, having done so in the United States, Brazil, and Mexico last year.
The union delivered the announcement through a video at a bargaining session today, promising “a week of union actions” in the statement.
The transaction, which includes funding from Blackstone and Goldman Sachs, values the company at $6.4 billion.
The Lithuania-based group said growth had been spurred by entering new markets including Denmark and Finland and an expansion into luxury fashion.