Wilson tennis racket maker Amer Sports files for US IPO
By Bloomberg Published Jan 4, 2024 Amer Sports Inc., the maker of Wilson tennis rackets and Salomon ski boots, has filed for a US initial public offering. The company has…
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Trunki owners mull sale after less than a year
Heroes, the owner of kids’ luggage brand Trunki, is looking for a buyer for the business, a report has claimed. The 2020 start-up, which has raised over £200 million to…
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UK’s Boots shines as WBA reports mixed results
Walgreens Boots Alliance reported its first-quarter results on Thursday and said that adjusted earnings per share fell by 43.1% to $0.66, reflecting challenging retail market trends in the US and…
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Runderwear owed £1.3m before pre-pack sale
Midlands-based exercise underwear retailer Runderwear has been sold in a pre-pack deal to luxury lifestyle brand Masters of Mayfair. Previous owner Chambers Ling had called in administrators at the end…
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Firelight Capital Partners acquires Fromm International
Firelight Capital Partners, an operationally-oriented private equity firm, announced on Thursday the acquisition of Fromm International, marking its first platform investment in beauty. Firelight Capital Partners acquires Fromm International. –…
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Authentic Brands taps BBC International for DC Shoes distribution deal
Authentic Brands announced on Thursday new a partnership with BBC International for the design and sourcing of DC Shoes footwear and snowboard boots and wholesale distribution across the U.S. and…
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UK shoppers spent £24bn online in festive season boosted by bargain hunting says Adobe report
UK shoppers increased their online spending by 3.7% year-on-year over the extended Christmas trading period (1 November – 31 December). It reached £24.4 billion as thrifty consumers targeted major discounting days Black…
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Post-Christmas UK online sales leap says Wunderkind, fashion leads the way
2023 wasn’t a great year for online sales (or online pureplays) but perhaps 2024 will be better and the first bits of data coming through suggest it might, albeit they…
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JD Sports shares plunge but analyst points to strong growth potential
Fallen star JD sports saw as much as £1.8 billion being wiped off its market value this week as shareholders rushed to sell their shares on the back of the…
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After MRI’s upbeat footfall report, BRC takes bleaker view of December figures
Rainfall played a major part in retail footfall numbers across the Christmas trading period as one of the wettest Decembers on record dampened shopper enthusiasm in the most important trading…
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