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...
05 May, 2025, 10.26 PM IST
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...
05 May, 2025, 10.23 PM IST
S&P 500, Nasdaq slip after Trump's fresh tariffs at start of Fed-decision weekU.S. stocks experienced a mixed trading day as President Trump's new tariffs reignited trade war anxieties, overshadowing anticipation for ...
05 May, 2025, 09.55 PM IST
Black Friday buzz: Brands hope for a bit of BLACK MAGIC to lift salesCompanies in India are leveraging Black Friday to clear Diwali stock by offering up to 50% discounts in stores and online. The event coinci...
30 Nov, 2024, 07.35 AM IST
Imported shoe brands trip as BIS nod delay begins to biteMany of the brands have been forced to take footwear off the shelf - online and offline - or are selling a much smaller range with old stoc...
10 May, 2024, 05.30 AM IST
Global, domestic brands bet big on smaller citiesMost non-metro cities are established trade and business hubs and are now witnessing multinational corporations and start-ups setting up of...
17 Jan, 2024, 12.01 AM IST
Ukraine war to sully clothes sales from Levi to Ralph LaurenAmerican clothes firms' European businesses were just recovering from two years of pandemic restrictions.
09 Mar, 2022, 09.00 AM IST
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...
17 Jan, 2022, 11.57 AM IST
Should you buy Jhunjhunwala-backed Metro Brands after flop debut?Following the debut, investors saw some strong buying action at the lower levels and traded in the range of Rs 450-475, a rise of up to 10 ...
22 Dec, 2021, 11.21 AM IST
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 ...
22 Dec, 2021, 10.00 AM IST
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...
21 Dec, 2021, 03.38 PM IST
Build stock portfolios outside the index overseas“While there is a bubble in stocks like Tesla and Netflix there are a lot of individual stock opportunities available and investors can bui...
01 Jan, 2021, 04.57 PM IST
After retail stores, fashion brands’ online sales drop, tooWhile ecommerce sales of essentials like foodstuff and personal care items surged amid fears over the spread of the coronavirus, those of f...
20 Mar, 2020, 11.12 AM IST
Mapping the market: ICICI Bank's loss is Kotak's gain; 11 stocks hit 52-week highA promising start but a depressing ending; that’s how D-St behaved today. But then, this is the usual state of affair with the domestic mar...
03 May, 2016, 05.13 PM IST
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...
03 May, 2016, 03.50 PM IST
- Retailers scale up ops to get foothold
Organised shoemakers and retailers such as Metro Shoes, Catwalk and Reliance Footprint are scaling up their presence to get a foot in the R...
05 Feb, 2010, 01.33 AM IST
- Retailers scale up ops to get foothold
Organised shoemakers and retailers such as Metro Shoes, Catwalk and Reliance Footprint are scaling up their presence to get a foot in the R...
05 Feb, 2010, 01.33 AM IST