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Reuters - 7 uur geleden

Ackman's Pershing Square takes new stakes in Nike, Brookfield

UPDATE 3-Ackman's Pershing Square takes new stakes in Nike, Brookfield Adds background on Nike in paragraph 5, updates share prices By Svea Herbst-Bayliss NEW YORK, Aug 14 (Reuters) - Billionaire investor William Ackman built new stakes in sportswear company Nike NKE.N and investment management company Brookfield BN.TO during the second quarter, according to a regulatory filing made on Wednesday.
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Reuters - 2 dagen geleden

Federer-backed On retains annual sales forecast after quarterly beat, shares fall

UPDATE 3-Federer-backed On retains annual sales forecast after quarterly beat, shares fall Adds analysts comments in paragraphs 6 & 9 and updates shares By Ananya Mariam Rajesh Aug 13 (Reuters) - On Holding ONON.N beat analysts' estimates for second-quarter revenue on Tuesday on strong demand for its shoes and apparel from customers looking for trendy products, but shares fell about 3% as the company maintained its annual forecast.
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Reuters - 2 dagen geleden

Federer-backed On beats sales estimates on full-price selling

Federer-backed On beats sales estimates on full-price selling By Ananya Mariam Rajesh Aug 13 (Reuters) - On Holding ONON.N beat analysts' estimates for second-quarter sales on Tuesday , as strong demand from customers looking for trendy products helped the company sell its shoes and apparel at full prices in the U.S. and Europe. Roger Federer-backed On, which went public in 2021, has edged out sportswear giant Nike for shelf and online space at retailers like Dick's Sporting Goods DKS.N and Foot
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Reuters - 1 week geleden

Nike sees gold rush with summer Olympics driven website visits, sales

Nike sees gold rush with summer Olympics driven website visits, sales By Ananya Mariam Rajesh Aug 7 (Reuters) - The summer Olympics is turning out to be a rare win for Nike NKE.N as the global sporting event has helped boost demand for the sportswear giant's new launches and edge out competition, website searches from research firm Similarweb showed.
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Reuters - 1 week geleden

Puma narrows FY profit outlook on high freight costs, muted China

UPDATE 3-Puma narrows FY profit outlook on high freight costs, muted China Updates share move and adds comments from media call, analyst throughout By Linda Pasquini and Isabel Demetz Aug 7 (Reuters) - German sportswear maker Puma PUMG.DE on Wednesday narrowed its outlook for full-year core profit, sending its shares briefly to 2018 lows, citing higher freight costs, currency headwinds, and continued muted consumer sentiment in China.
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Reuters - 2 weken geleden

Olympics-Athletics-Pretty purple track proves popular in Paris

Olympics-Athletics-Pretty purple track proves popular in Paris By Helen Reid PARIS, Aug 3 (Reuters) - In a departure from the traditional brick-red colour, the track on which Olympic athletics champions are crowned in Paris is a vibrant purple -- and athletes so far seem pretty pleased with it. "The entire thing just kind of radiates light," said Thea LaFond, who will chase the first ever Olympic medal for Dominica when she competes in the triple jump final later on Saturday.
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Reuters - 2 weken geleden

GBL shares eyeing best day in 18 mths after 'surprise' dividend

REFILE-BUZZ-GBL shares eyeing best day in 18 mths after 'surprise' dividend Fixes spelling in headline, adds missing word 'expected' in bullet 4 ** Shares in Groep Brussel Lambert (GBL) GBLB.BR rise about 3% after the Belgian investment holding proposed a 5 euro dividend per share along with its H1 results ** "What surprised us was the management's decision to payout a dividend ...
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Reuters - 2 weken geleden

Danske Bank, Greggs, HSBC

EUROPE RESEARCH ROUNDUP-Danske Bank, Greggs, HSBC Aug 1 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Danske Bank, Greggs, and HSBC, on Thursday. HIGHLIGHTS * Danske Bank DANSKE.CO : HSBC raises target price to DKK 258 from DKK 257 * Greggs GRG.L : Berenberg raises target price to 3600p from 3340p * HSBC HSBA.L : Berenberg raises target price to 870p from 830p * Kardex Holding AG KARN.S : Berenberg raises target price to CHF 260
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Reuters - 2 weken geleden

Adidas: We Have Steered Away From Chinese Production In U.S. Market - Investor Call

BRIEF-Adidas: We Have Steered Away From Chinese Production In U.S. Market - Investor Call July 31 (Reuters) - ADIDAS AG ADSGn.DE : ADIDAS ON US TARIFFS ON CHINA IMPORTS: WE HAVE STEERED AWAY FROM CHINESE PRODUCTION IN U.S. MARKET - INVESTOR CALL Further company coverage: [ADSGn.DE] (Gdansk Newsroom)
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Reuters - 2 weken geleden

Adidas sees soccer trend lasting into 2025

Adidas sees soccer trend lasting into 2025 By Linda Pasquini July 31 (Reuters) - Adidas ADSGn.DE expects soccer's increasing appeal among consumers globally to be a trend that lasts into 2025, after sales of its jerseys in connection to this year's soccer tournaments surpassed its expectations. Sportswear brands like Adidas, Puma PUMG.DE and their U.S.
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Reuters - 2 weken geleden

Adidas Expects To See Some Growth In North America In H2- Media Call

BRIEF-Adidas Expects To See Some Growth In North America In H2- Media Call July 31 (Reuters) - ADIDAS AG ADSGn.DE : ADIDAS CFO: INVENTORIES WILL GO UP IN THE NEXT COUPLE OF QUARTERS, AS WE PREPARE FOR GROWTH - MEDIA CALL ADIDAS: EXPECT TO SEE SOME GROWTH IN NORTH AMERICA IN H2- MEDIA CALL Further company coverage: [ADSGn.DE] (Gdansk Newsroom)
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Reuters - 2 weken geleden

Adidas confirms 2024 outlook, Yeezy hurts Q2 North American sales

UPDATE 3-Adidas confirms 2024 outlook, Yeezy hurts Q2 North American sales North America sales including Yeezy fall 8% in Q2 Inventories shrink 18% year-on-year as of June 30 Apparel sales boosted by international soccer tournaments Adds context in paragraph 2, comments from media call and analyst in paragraphs 3, 5, 9, 10, 14 By Linda Pasquini and Paolo Laudani July 31 (Reuters) - Adidas ADSGn.DE confirmed its full-year guidance and forecast-beating second quarter results on Wednesday, though i
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Reuters - 2 weken geleden

BOJ hikes, Fed next

LIVE MARKETS-BOJ hikes, Fed next Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com BOJ HIKES, FED NEXT A look at the day ahead in European and global markets from Ankur Banerjee Investors in Europe will wake up to a volatile yen after the BOJ raised interest rates in a long-awaited move and a growing divide in the AI world following contrasting earnings from tech bellwether Microso
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Reuters - 2 weken geleden

Adidas Says Healthy Inventories At EUR 4.5 Bln To Support Future Top-Line Growth

BRIEF-Adidas Says Healthy Inventories At EUR 4.5 Bln To Support Future Top-Line Growth July 31 (Reuters) - ADIDAS AG ADSGn.DE : HEALTHY INVENTORIES AT A LEVEL OF € 4.5 BILLION TO SUPPORT FUTURE TOP-LINE GROWTH Q2 WHOLESALE GREW 17% ON A CURRENCY-NEUTRAL BASIS Q2 CURRENCY-NEUTRAL SALES IN EUROPE UP 19%, WHILE REVENUES IN EMERGING MARKETS AND LATIN
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Reuters - 2 weken geleden

BOJ hikes, Fed next

MORNING BID EUROPE-BOJ hikes, Fed next A look at the day ahead in European and global markets from Ankur Banerjee Investors in Europe will wake up to a volatile yen after the BOJ raised interest rates in a long-awaited move and a growing divide in the AI world following contrasting earnings from tech bellwether Microsoft and chipmaker AMD . The Bank of Japan hiked the overnight call rate target to 0.25% from 0-0.1% by a 7-2 vote and laid out a detailed quantitative tightening plan that will redu
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Reuters - 2 weken geleden

Don't write off Nike, says Britain's JD Sports

Don't write off Nike, says Britain's JD Sports By James Davey LONDON, July 30 (Reuters) - British sports and fashion retailer JD Sports JD.L , one of Nike's NKE.N largest customers, gave the world's biggest sports brand by revenue a vote of confidence on Tuesday, with a senior executive saying it "will be just fine". Late last month, Nike's shares plummeted after the group warned its sales would fall this year, hurt by faltering demand for its sneakers as consumers covet newer brands such as On
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Reuters - 2 weken geleden

So far, global earnings are just good enough to feel disappointing

ANALYSIS-So far, global earnings are just good enough to feel disappointing Many firms deliver in-line results, fail to extend market rally Companies cut guidance due to weakness in China and high interest rates Tech sector turns more upbeat, retailers grow more pessimistic Slowdown in US auto market hits many global automakers Adds Diageo in paragraph 2 and graphic By Medha Singh July 30 (Reuters) - Companies worldwide are lowering full-year sales and profit guidance as higher interest rates an
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Reuters - 2 weken geleden

So far, global earnings are just good enough to feel disappointing

ANALYSIS-So far, global earnings are just good enough to feel disappointing Many firms deliver in-line results, fail to extend market rally Companies cut guidance due to weakness in China and high interest rates Tech sector turns more upbeat, retailers grow more pessimistic Slowdown in US auto market hits many global automakers By Medha Singh July 30 (Reuters) - Companies worldwide are lowering full-year sales and profit guidance as higher interest rates and weakness in China's economy hurt glob
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Reuters - 3 weken geleden

Germany corporate earnings week ahead

DIARY-Germany corporate earnings week ahead July 26 (Reuters) - Diary of Germany (.GDAXI) corporate earnings for the week ahead GERMANY EARNINGS Start Date Start Time (GMT) RIC Company Name Event Name 30-Jul-2024 NTS 1COV.DE Covestro AG Half Year 2024 Covestro AG Earnings Release 30-Jul-2024 BMO HEIG.DE Heidelberg Materials AG Half Year 2024 Heidelberg Materials AG Earnings Release 30-Jul-2024 04:30 AIR.PA Airbus SE Half Year 2024 Airbus SE Earnings Release 31-Jul-2024 AMC QGEN.N Qiagen NV Q2 20
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Reuters - 3 weken geleden

Olympics-Athletics-Running brand On launches spray-on marathon shoe in bid for Paris spotlight

Olympics-Athletics-Running brand On launches spray-on marathon shoe in bid for Paris spotlight By Helen Reid PARIS, July 25 (Reuters) - Running brand On made its latest move in the supershoe race on the eve of the Paris Olympics, unveiling a marathon shoe produced by a robotic arm spraying material onto a mold to create a sock-like upper, with no laces.
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