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Activist investor Sachem Head takes stake in Delivery hero, shares jump

Activist investor Sachem Head has built a 3.6% stake in Delivery Hero, seeking a seat on the supervisory board of the German food delivery company and potentially to oust CEO Niklas Oestberg, a.

Zalando expects to return to growth, improve profitability

-German online fashion retailer Zalando said on Wednesday it expects to return to growth and improve profitability in 2024, after reporting a full-year decline in sales, in line with its own forecast.

Adidas warns of 2024 sales decline in over-stocked North America market

German sportswear giant Adidas said on Wednesday it expects a decline in its sales in North America this year, blaming a still overstocked market there, as the company continues to sell off the.

Skin care company announces price range for 2 3 billion flotaton

Skin care company Galderma on Wednesday announced a price range of 49 to 53 Swiss francs for its upcoming 2.3 billion Swiss francs flotation. The offering consists of up to 40.5 million.

Zalando Expects GMV to Grow 0%-5% in 2024

Zalando Expects GMV to Grow 0%-5% in 2024
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