The company has announced a positive fourth quarter, ended December 31, 2017, propelled forward by even demand across apparel, accessories and footwear categories, and success in EMEA, Canada and APAC.
A deal has been struck to sell Bally and while we don’t know how much the deal’s worth, we do know that the Swiss brand will be controlled by one of the world’s biggest textile names, Shandong Ruyi Investment Holding.
China's Ant Financial Services Group plans to raise up to $5 billion (£3.59 billion) in fresh equity that could value the online payments giant at more than $100 billion, people familiar with the move told Reuters.
The American finance giant has raised its equity stake in the Beaverton group (Nike, Jordan, Converse). With a new stake of 6.1%, it has positioned itself as the second largest stockholder after the Vanguard group.