Nike needs a comeback. Adidas just wrote the playbook.

By Bloomberg Published Mar 21, 2024 When Nike Inc. reports its third-quarter earnings on Thursday, investors will be looking for signs that the world’s biggest sportswear company is beating back a growing field of challengers.  Nike Nike Chief Executive Officer John Donahoe should learn from his counterpart at Adidas AG, Bjorn Gulden, whose efforts to energize the … Read more

Arc’teryx opens in Paris at La Samaritaine and soon in the Marais

Translated by Nicola Mira Published Feb 8, 2024 Another sportswear brand is setting up shop in Paris. Swiss running brand On recently opened its first French store on the Rive Gauche, and Canadian outdoor apparel brand Arc’teryx is also about to make a grand entrance on the French market. On February 9, Arc’teryx will open … Read more

Wilson racket maker Amer Sports rises up to 6% after $1.37 billion IPO

By Bloomberg Published Feb 2, 2024 Amer Sports Inc. stock rose as much as 6.2% above its US initial public offering price after its first-time share sale priced below a marketed range. Arc’teryx Shares in the maker of Wilson tennis rackets and Salomon ski boots were trading at $13.61 each as of 1:14 p.m. on … Read more

Consumer IPO prospects in 2024 at risk from spending pullback

By Bloomberg Published Jan 11, 2024 Consumer and retail companies weighing initial public offerings in 2024 will be closely watching the spending outlook for their customers, after the surprisingly bright picture began to darken at the end of last year. Bloomberg US shoppers had largely brushed off rising interest rates thanks to pandemic-era savings buffers … Read more

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 picked Goldman Sachs Group Inc., Bank of America Corp., JPMorgan Chase & Co. and Morgan Stanley as bookrunning lead managers of the share sale, according … Read more