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...still the firm’s fastest-growing practice in 2023, even as business leaders were less vocal on environmental, social and governance issues compared with a few years ago, referring to the backlash in some countries...
...This looked at whether the company was trying to restrict “parallel” trade, where products can be sold for lower prices because they have been brought in from a country where they cost less....
...The antitrust regulator on Monday alleged that the acquisition would eliminate “head-to-head” competition among the groups’ brands, including Capri’s Michael Kors as well as Tapestry’s Kate Spade and Coach...
...Tapestry owns Coach and Kate Spade while Capri sells Michael Kors. When the deal was announced last summer, there was little concern that the combination would be blocked....
...Shares of Coach’s owner Capri traded up to $54 per share. Now they’re below $37....
...The update comes as the operator of bus, coach and rail services across the world reported a more than 14 per cent fall in adjusted operating profit in 2023....
...Apple is now trying to diversify its supply chain, relocating parts of its production to countries such as India....
...The announcement came as the bus, coach and rail operator reported a 36 per cent fall in adjusted pre-tax profits for the year to the end of December, to less than £93mn, in delayed annual results on Monday...
...In 2021, she hired a gruff Texan and former NFL tight end Dan Campbell to coach the Lions....
...New York-based Tapestry, which owns the Coach, Kate Spade and Stuart Weitzman brands, said it would pay $57 a share for Capri, almost 60 per cent above the average price over the past 30 days....
...“You can easily see a scheme where we can cover the full country,” he said, adding that Hibbett’s warehouses in Alabama had excess capacity....
...“Turkey is a developing country with a demographic surge that could potentially become middle class and kick the entire country forward, so the policy settings are to set sail for growth,” said Andrew Charlton...
...Countries such as Germany dropping subsidy schemes hasn’t helped. But as sticker prices decrease, more drivers should still convert....
...Visa and Mastercard — the country’s two biggest card payment processors — have agreed to lower the fees that merchants pay to accept credit card payments....
...The migrants from Latin American countries such as Venezuela and Ecuador had been on a coach from Monterrey to Matamoros, which borders Texas, when they were detained on Saturday, public security minister...
...Leverkusen have been on a remarkable run this season under their young coach Xabi Alonso, and remain unbeaten in 30 matches....
...In a country not known for its shopaholic tendencies, one Japanese chipmaker’s shopping spree is going strong....
...At 16 she was called up to play for Holland, eventually earning 104 caps for her country....
...First: the insurance sector is continuing to pay large ransoms to hackers, on behalf of companies, even though the governments of countries such as the US and UK have urged them to stop, arguing that this...
...The US House of Representatives on Saturday passed a package of national security bills that included legislation that would result in TikTok being banned in the country if Chinese parent company ByteDance...
...Analysts expect the country’s economy to continue to slow in the medium term thanks to the property downturn and demographic decline....
...Usually, big currency moves follow rate differentials — that is, the gap between two countries’ nominal interest rates. Higher rates should attract capital and push up a country’s currency....
...As white rule came to an end and South Africa was readmitted to world cricket, it was fitting that Procter was named the national team’s coach for the new era....
...A version of this article was first published by Nikkei Asia on February 7. ©2024 Nikkei Inc. All rights reserved....
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