Former Gymshark exec Chana is new Adanola CEO

Manchester-based athleisure specialist Adanola has named Gymshark’s ex-chief commercial officer, Niran Chana, as its new CEO, effective 20 June. Hyrum Cook and Niran Chana of Adanola He’s moving from one fast-growing activewear specialist to another and will work alongside founder and current CEO Hyrum Cook who will move to a creative and strategy role. Adanola … Read more

Anglo could take writedown on De Beers after diamond slump

By Bloomberg Published Feb 9, 2024 Anglo American Plc said it could take an impairment on its De Beers diamond unit after the sector was hit by a collapse in prices last year and any recovery this year is expected to be slow. Bloomberg Anglo said Thursday it was assessing its carrying value of De … Read more