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Adidas shares jumped on Friday after better-than-expected first-quarter results, although CEO Bjorn Gulden forecast "a bumpy year with disappointing numbers". ....
Macy's Inc is grappling with how to make its e-commerce business a standalone company without losing customers who rely on its department stores to pick up or return items they bought online, according to people familiar with the deliberations. ....
Canadian winterwear producer Canada Goose Holdings Inc has run into controversy in China due to a dispute over its return policies, with a city consumer watchdog calling it into meetings and other groups accusing it of "bullying" customers. ....
Canada Goose Holdings Inc said on Friday it is eyeing a strong holiday season this year, as the winterwear maker benefits from surging demand for its luxury parkas in China and remains insulated from a global supply chain crunch across the sector. ....
Li Ning is experiencing a runner's high. The Chinese sportswear maker will raise $1.3 billion to capitalise on a stock rally partly fuelled by nationalistic Gen Z. International expansion and brand-building are among the targeted uses for the money, but the company might get more bang for its buck by investing more internally. ....