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Footwear maker Skechers shares jump 25% on 3G Capital's $9 billion buyout dealSkechers is set to be acquired by 3G Capital for $9.42 billion, marking the footwear industry's largest buyout amidst tariff challenges. 3G...- Nike sinks over 18% as gloomy sales forecast fans growth concernsNike shares slumped 18.6% in early trade on Friday as a forecast for a surprise drop in annual sales amplified investor concerns about the ...
- Hoka-owner Deckers's shares jump 13%, breach $1,000 mark for the first timeShares of Deckers Outdoor jumped 13% to breach the $1,000 mark for the first time on Friday, as the footwear company posted upbeat fourth-q...
- Lululemon sinks 17% as annual forecasts disappointNike shares fell 8% as it plans to focus on trendier sneakers, while Lululemon Athletica dropped 17% due to declining demand for premium at...
- Nike shares slide 8% as switch to newer styles to squeeze revenueThe company anticipates lower sales, focusing on trendier sneakers. It aims to revive its running shoe category and launch Air Max Dn. Conc...
- Shares of Nike and Adidas could score at the World CupFour days into World Cup, Nike teams have accumulated 15 points, while Adidas-clad teams have accumulated 11 points. So far during the tour...
- Padma awards 2016 announced: Padma Vibhushan for Dhirubhai Ambani, Ramoji Rao, Rajinikanth, othersDhirubhai Ambani, former J&K governor Jagmohan and media baron Ramoji Rao are among those chosen for Padma Vibhushan this year.
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