The company has brought on BNP Paribas and Citigroup to work on the deal and is considering raising fresh capital from the listing, the report said.

The Federal Trade Commission is expected to sue Amazon Inc. for antitrust violations next week, according to people familiar with the matter — marking the agency’s fourth swipe at the online retail giant this year.

Adidas AG chief executive officer Bjorn Gulden has apologised for questioning whether Ye, formerly known as Kanye West, really meant the antisemitic statements he made last year.

British sportswear retailer JD Sports Fashion said it was on track to post higher annual profit as demand for Nike Air Force One and Adidas Gazelle and Samba footwear pushed up first-half underlying sales, lifting the company’s shares 7.5 percent.

Next has raised its full-year profit expectations for the third time in four months and signalled that prices could start to fall next spring for the first time in at least two years.

Italy’s Safilo and Amazon said on Wednesday they were launching new Carrera-branded “smart” glasses which employ Alexa technology and will be sold in the US market.

Italy’s fashion label Moschino will hire its new creative director in the next few weeks, said Massimo Ferretti, the executive chairman at Aeffe, which owns the brand.

The company, which is responsible for making fragrances for Burberry and Gucci, saw its sales grow 8 percent to 10 percent in the fiscal year that started in July.