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6 days ago |
wsj.com | Andrea Figueras
The results come a month after Adidas executive Arthur Hoeld was named as Arne Freundt’s sucessor to lead the companyPuma reiterated its guidance for the year amid a challenging landscape marked by the potential impact of President Trump’s tariffs and shortly after the group parted ways with former Chief Executive Arne Freundt.
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2 weeks ago |
wsj.com | Andrea Figueras
The group has already minimized exports from China to the U.S.The German sporting-goods company said Tuesday that it continues to anticipate currency-neutral sales growth at a high-single-digit rate. It also forecasts an increase in operating profit to between 1.7 billion and 1.8 billion euros ($1.94 billion-$2.06 billion). Copyright ©2025 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8Subscribe NowAlready a subscriber? Sign In
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2 weeks ago |
finance.yahoo.com | Andrea Figueras
The company warned that Trump’s tariffs could weigh on performance, prompting possible price increases in the U.S. to mitigate the hit.
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2 weeks ago |
finance.yahoo.com | Andrea Figueras
Shares in the Primark owner plunged after it warned that the recovery in profitability for its sugar business would take longer than anticipated.
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2 weeks ago |
wsj.com | Andrea Figueras
The British conglomerate said that it made pretax profit of 692 million pounds for the 24 weeks ended March 1The British conglomerate said Tuesday that it made pretax profit of 692 million pounds ($930.2 million) for the 24 weeks ended March 1, 21% lower at current rates compared with the prior-year period and below analysts’ forecasts of 828 million pounds, according to a Visible Alpha poll. Copyright ©2025 Dow Jones & Company, Inc. All Rights Reserved.
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2 weeks ago |
wsj.com | Andrea Figueras
The German sporting-goods company said that it continues to anticipate currency-neutral sales growth at a high-single-digit rateThe German sporting-goods company said Tuesday that it continues to anticipate currency-neutral sales growth at a high-single-digit rate. It also forecasts an increase in operating profit to between 1.7 billion and 1.8 billion euros ($1.94 billion-$2.06 billion). Copyright ©2025 Dow Jones & Company, Inc. All Rights Reserved.
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2 weeks ago |
wsj.com | Andrea Figueras
April 25, 2025 5:43 am ETShares in Accor AC 4.70%increase; green up pointing triangle jumped after the hotel company reported an increase in revenue for the first quarter on sustained demand, beating analysts’ views. The stock was 5.4% higher at 42.86 euros in European morning trading. Since the start of the year, shares are down 9%. Copyright ©2025 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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3 weeks ago |
wsj.com | Andrea Figueras
The German sporting-goods company reported preliminary revenue of €6.2 billion, up 13%Adidas said it achieved better-than-expected results for the first quarter, boosted by strong brand momentum and amid a challenging environment for sporting-goods companies as U.S. tariffs take center stage. The German sporting-goods company on Wednesday reported preliminary revenue of 6.15 billion euros ($7.02 billion) for the first quarter, up 13% compared with the prior-year period in currency-neutral terms.
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3 weeks ago |
wsj.com | Andrea Figueras
Franco-Italian eyewear group notes that the year started with a sound pace of growth despite the challenging landscapeThe Franco-Italian eyewear group on Wednesday said it made sales of 6.85 billion euros ($7.82 billion) for the first three months, up 7.3% at constant exchange rates compared with the prior-year period. The result compares with analysts’ forecasts of €6.92 billion, according to a poll of estimates compiled by Visible Alpha. Copyright ©2025 Dow Jones & Company, Inc.
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3 weeks ago |
wsj.com | Andrea Figueras
Updated April 17, 2025 9:41 am ETChristian Dior, the haute couture brand owned by French luxury giant LVMH MC -0.16%decrease; red down pointing triangle, named Jonathan Anderson artistic director of its men’s collections as a creative shakeup across the luxury sector continues. Dior said Thursday that Anderson, who held the top creative job at LVMH’s Loewe since 2013, is working on its menswear summer 2026 collection, which will be presented in Paris in June.