Hints and tips:
...JD, which also has a presence in Europe, Asia and Australia, is becoming an important partner to brands such as Nike and Adidas, as they try to reach customers who do not shop with them directly....
...Lululemon, where a pair of yoga pants can set you back £108, saw a slower start to the year in North America....
...Videos posted by attendees on TikTok show lavish parties and branded apparel including custom Adidas Stan Smith trainers....
...In 2022, these funds raked in a net $10.9bn in North America, up from what had been a record $4.1bn the previous year, according to data from FactSet....
...Puma and Adidas both rose roughly 6 per cent in Frankfurt, while JD Sports jumped 8 per cent in London....
...He was initially suspended by the team last month after he posted a screenshot of the film Hebrews to Negroes: Wake Up Black America to social media and repeatedly refused to condemn its anti-Semitic contents...
...ending its on-field licensing contract with the National Football League, the company said, in the US sportswear brand’s latest retreat from its marketing commitments and a move that reduces its presence in America...
...Reach out to me (imani.moise@ft.com) or Sid (sid.v@ft.com) to let us know. Happy reading!...
...Don’t pretend there’s not a problem in America.” On May 30, Adidas endorsed the campaign, adding a comment that people needed to work together to combat racism....
...Foot Locker operates more than 3,100 stores around the world, primarily selling lifestyle footwear from brands like Nike, Jordan, Adidas and others....
...“We know that wool from New Zealand is probably much different than wool from Australia or South America, but that sort of regional context didn’t [previously] exist,” she says....
...Write to the FintechFT team at imani.moise@ft.com and sid.v@ft.com....
...‘Perfect scenario’ Those look like V-shaped projections, Andrew Glenn thought to himself....
...China has for years been at the core of the company's growth strategy, as the world’s largest sportswear maker by revenue seeks to extend its lead over rivals such as Adidas and Puma....
...About 140 of Lululemon’s 515 company-operated stores are outside North America. André Maestrini, who joins in the new year from Adidas, will spearhead the international push....
...completion, according to FT calculations; Elliott Management after the London office of the hedge fund headed by Paul Singer had pressured Alexion to sell itself, citing management missteps; Bank of America...
...This doesn’t mean we are in the midst of a V-shaped recovery, however....
...Automation an automatic choiceJapan Inc has found a new purpose for automation: business continuity in the uncertain era of Covid-19....
...The coronavirus pandemic has turned the US government into a financing source of last resort for swaths of corporate America, but the socialisation of risk and the picking of winners and losers has concerned...
...jonathan.guthrie@ft.com Letters in response to this column: Focus on the haystack — not on the needles / From Brendan P Geary, Washington, DC, US Active v passive: put more faith in market forces / From...
...The Bank of Mexico’s lowering of interest rates last week was the 800th rate cut around the world since the collapse of Lehman Brothers, according to Bank of America....
...“I would say that, as a team, we've pretty well discounted a uniform V-shaped recovery. The question is, is it U-shaped, is it W-shaped or parts of it L-shaped?”...
...Although its parent company, Interpublic Group Cos Inc, installed female leadership at the Martin Agency, IPG’s board remained the same....
...Virgin Louis V on my back, baby. Living fast, dying slow, that's the catch, baby. Suicide doors, [MUTED] around and crash, baby. I do the dash, baby....
...In North America, the company’s largest market, revenues fell 4.1 per cent, in line with forecasts, while overseas revenues grew 5 per cent....
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