Asics shares surge as raised guidance predicts record profit
Asics Corp. shares jumped as much as 18% after raising its full-year forecast, predicting record earnings and bringing forward mid-term targets by a year. Read More
Asics Corp. shares jumped as much as 18% after raising its full-year forecast, predicting record earnings and bringing forward mid-term targets by a year. Read More
With two weeks to avoid US President Donald Trump’s punitive 50% tariffs, Prime Minister Narendra Modi has drawn a red line. Read More
The Swiss government would not object to tennis legend Roger Federer or FIFA President Gianni Infantino intervening to reduce the country’s tariff burden after the US. Read More
Adidas has formally apologised after Mexico President Claudia Sheinbaum criticised the sportswear brand over a shoe that replicated traditional Indigenous huarache sandals without attributing the design. Read More
Ownership of fashion/lifestyle e-tail giant Very Group is expected to transfer to its biggest lender — US investment giant Carlyle Group. Current owner, the Barclay family, is preparing to cede control of the firm. Read More
Everything in the economy whose value is predicated on scarcity is suddenly abundant: luxury handbags, lab-grown diamonds, even currency itself. Why is anything worth anything anymore? Read More
US President Donald Trump extended a tariff truce with China by another 90 days on Monday, a White House official said, staving off triple-digit duties on Chinese goods as US. Read More
British consumers raised their spending in July as unusually warm weather at the start of the month boosted clothing sales but demand cooled along as temperatures dropped. Read More
Canada’s Gildan Activewear Inc. is in advanced talks to buy US underwear maker Hanesbrands Inc., the FT reported, citing people familiar with the matter. Read More
S&P Global has revised its credit outlook for luxury goods group Kering S.A. to negative from stable, after sales of Kering’s Gucci brand and other products declined in the first half of the year. Read More