By Bloomberg Published August 12, 2025 On Holding AG lifted its sales and earnings forecasts for the year after an unexpectedly strong second quarter that saw buyers in Europe and Asia snap up the Swiss sneaker maker’s high-priced footwear. Tennis player Roger Federer backs On – On The Roger Federer-backed company now sees revenue growing…
By Bloomberg Published July 31, 2025 Adidas AG, the German sportswear giant known for turning its three-striped sneakers into a global fashion staple, reported weaker-than-expected sales growth for the three months ending June 30. The announcement triggered a 10% drop in its share price, echoing a similar downturn at rival Puma SE. The latter’s shares…
By Reuters Published June 5, 2025 Lululemon Athletica cut annual profit expectations and forecast second-quarter revenue below estimates on Thursday, as consumer demand waned amid increased competition and a gradual economic slowdown triggered by uncertainty over the Trump administration’s trade policy. Lululemon Shares of the sportswear maker fell 21% in after-market trading. Although Lululemon has…
By Reuters Published June 5, 2025 Emboldened by roaring online success in the U.S., South Korea’s cosmetic startups are expanding their bricks-and-mortar presence in the world’s biggest consumer market, confident their mass appeal will offset the hit from tariffs. Company executives have told Reuters that brands like Tirtir, d’Alba, Torriden, and Beauty of Joseon are…
By Reuters Published May 13, 2025 Chinese e-commerce retailer JD.com topped market estimates for quarterly revenue on Tuesday, in a sign of steady demand even as U.S. tariffs and prolonged economic weakness weighed on consumer sentiment. Reuters Consumer demand in China has faced a series of hurdles in recent years, with a prolonged property sector…
Translated by Nicola Mira Published April 15, 2025 Real estate services firm Cushman & Wakefield has published a study analysing data from over 2,000 rental transactions carried out in Europe in 2024. The study charts the evolution of the commercial real estate sector in the continent, where retail rents posted an overall increase compared to…
Delta Air Lines on Monday cut its financial forecast for the first three months of the year, saying that growing economic concerns among businesses and consumers had lowered demand for domestic travel. The airline’s warning was the latest sign that the U.S. economy, or at least perceptions of it, have been weakening in part because…
In a sign that President Trump is following the Biden administration’s lead in reining in Google, the Justice Department on Friday reiterated its demand that a court break up the search giant. The request followed a landmark ruling last year by Judge Amit P. Mehta of the U.S. District Court for the District of Columbia…
