Birkenstock the latest shoe to drop in a tough IPO market

[ad_1] 250-year-old company to list in New York next week Sandal maker has broadened range to clogs and boots Company backed by LVMH-affiliated private equity firm Oct 5 (Reuters) –…

Adidas tests upper limit of running market with $500 shoe

[ad_1] LONDON, Sept 26 (Reuters) – Adidas’ newest running shoes, worn by Ethiopia’s Tigist Assefa on Sunday to set a new women’s marathon world record in Berlin, went on sale…

Canada probing Walmart, Hugo Boss over allegations of forced labor in supply chains

[ad_1] [1/2]The logo of a Walmart Superstore in Rosemead, California, U.S., June 11, 2020. Picture taken June 11, 2020. REUTERS/Mario Anzuoni//File Photo Acquire Licensing Rights OTTAWA, Aug 24 (Reuters) –…

Wall Street ends lower, pausing rally as Powell testimony looms

[ad_1] Rivian announces it will adopt Tesla charging standard New home starts hit 13-month high Fedex falls in extended trading after posting quarterly results Fed Chair Powell’s two-day congressional testimony…

Sharp rise in European sentiment helps stocks higher

[ad_1] EU economic sentiment surges to 21-year high in June Germany’s DAX leads gains on Adidas boost German inflation eases in June, still above C.bank target Germany’s Knorr slumps on…

U.S. earnings seen strong, but supply chains and costs worry investors

[ad_1] NEW YORK, Oct 11 (Reuters) – Investors are primed for another period of strong U.S. profit growth as third-quarter reports from Corporate America flow in starting this week. But…

Shein, Temu in fierce fight over US market for $10 dresses

[ad_1] NEW YORK/SHANGHAI, March 9 (Reuters) – Online fast-fashion retailer SHEIN and its newer rival Temu are in a race to win shoppers’ attention for their inexpensive China-made goods. The…