Nike rises after sales beat on strength in US, China
By Bloomberg Published Mar 22, 2024 Nike Inc. reported sales that were stronger than anticipated as the company ramps up a multiyear cost-cutting plan in the face of weaker demand…
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Landsec frustrated in aim to buy major Liverpool One stake
UK property giant Landsec is understood to have missed out on its bid to buy a majority stake in the successful Liverpool One mall from Abu Dhabi Investment Authority (ADIA),…
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Nike needs a comeback. Adidas just wrote the playbook.
By Bloomberg Published Mar 21, 2024 When Nike Inc. reports its third-quarter earnings on Thursday, investors will be looking for signs that the world’s biggest sportswear company is beating back…
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Gym+Coffee hits Irish milestone as expansion drive continues
Laying claim to being an “Irish success story”, Gym+Coffee (G+C) has certainly delivered the right numbers to back it up. The sportswear retailer says it has just hit a major…
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Grand Seiko etches new US retail design concept
Design connoisseurs have always held Japanese design at the top of their lists. Thus, it tracks that watchmaker Seiko, who also tops innovative timepiece design lists for inventing the world’s…
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Spartoo keen to consolidate core business after “brutal” fiscal year
Translated by Nicola Mira Published Mar 21, 2024 In 2023, the business volume generated by French footwear retailer Spartoo fell by 4.5% to €200.2 million. Although the figure was 12.6%…
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Germany’s Douglas shares trading below price guidance at IPO
By Reuters API Published Mar 21, 2024 German perfume and cosmetics retailer Douglas shares fell 4.7% at its IPO debut on Thursday at the Frankfurt stock exchange, with an opening…
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Massimo Dutti launches new logo and limited edition collection
Inditex’s Massimo Dutti is moving forward in its branding strategy having unveiled a new brand logo and a new limited edition collection for men and women. Massimo Dutti The company…
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Next remains strong, more confident than ever as it targets UK and US growth
Next’s results for the year to 27 January on Thursday showed — as if we didn’t know — that the business remains one of the most successful and well-run in…
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UKTights acquires rival Luxury Legs, doubles its turnover
UKTights.com has acquired its rival Luxury Legs, effective from this week. Luxury Legs brings with it a turnover of £1.5 million, which adds to its new owner’s annual turnover of £1.5…
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