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CCI approves Carlyle Group’s stake purchase in Quest Global, other key dealsThe Competition Commission of India (CCI) has approved several significant acquisitions. These include Carlyle Group's stake acquisition in...
Retailers pummeled by Trump's trade war entertain more 'take-private' offersMounting trade war pressures, particularly from tariffs imposed by the Trump administration, are pushing retailers to consider going privat...
In a trade-war whirlwind, shoemaker Skechers is sold for $9 billion to become a private companySkechers is set to be acquired by 3G Capital for over $9 billion, taking the shoe company private. The deal comes amid concerns about the i...
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...
Skechers appoints Jasprit Bumrah as Brand AmbassadorSkechers has signed Indian cricketer Jasprit Bumrah to endorse its cricket footwear. Bumrah will feature in marketing campaigns alongside a...
Mass goods lie low, premium party on a highGlobal corporations like Unilever and Coca-Cola report a temporary dip in sales of daily essentials in India. Despite this, there is strong...
Offline companies beat e-tailers in leasing warehousesOffline retailers leased 3.2 million square feet (msf) of warehousing space last year, bouncing back to pre-pandemic levels, data from comm...
Jhunjhunwala-backed Metro Brands zooms 20%, hits upper circuit on strong Q3 showThe footwear retail chain reported a 54.63 per cent year-on-year (YoY) jump in consolidated net profit to Rs 100.85 crore for the third qua...
Metro Brands makes a flop debut on Dalal Street, lists at 13% discountThe Rs 1,367.51 crore IPO of Metro Brands was open for subscription between December 10-14. The company sold its shares in the range of Rs ...
Jhunjhunwala-backed Metro Brands steps back in the grey marketOn Tuesday, it exchanged hands at a steep discount of Rs 60-70 per share, 12-14 per cent below its issue price of Rs 500, signaling poor li...
Metro Brands IPO sails through on final dayBig Bull's spouse Rekha Jhunjhunwala is the third-largest shareholder in the company, owning a 14.73 per cent stake.
Jhunjhunwala-backed Metro Brands IPO opens on Dec 10. Check price band and other detailsBig Bull's spouse Rekha Jhunjhunwala is the third largest shareholder in the company, owning a 14.73 per cent stake. Metro Brands is the se...
China pressures brands to reject reports of Xinjiang abusesH&M, Nike, Adidas and other brands are caught in a spiraling conflict over Xinjiang after Western governments imposed sanctions on Chinese ...
Future Retail to raise Rs 2,000 crore from promotersEquity infusion will help reducing lease rentals payable to another group company Future Enterprise.
Skechers bets on the middle class to sprint to $1 bilion in India revenueSkechers, which entered India in 2012 through a joint venture with Kishore Biyani-led Future Group, has been doubling its business and plan...
Future Retail, FRL DVR shares slip on Skechers JV stake buzzShares of Future Retail and the retailer's scrips with differential voting rights (DVR) jumped up to 6 per cent in trade on Tuesday amid me...
- Skechers tries to sway butt-toning sneakers' skeptics
Skechers USA Inc is betting that a home-field advantage will help sell more gym-goers on its butt- toning sneakers.