Puma CEO Cites $260 Hyrox Sneaker as Early Step in Turnaround
Chief executive Arthur Hoeld said Puma is counting on training, football, running and ‘sportstyle’ categories to generate profitable growth and buzz.
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Silver Lake Said in Deal for $2.4 Billion Purchase of IMG Agency
NEW YORK, United States — Silver Lake Management LLC and William Morris Endeavor Entertainment LLC agreed to buy talent agency IMG Worldwide Inc.
Silver Lake Said in Deal for $2.4 Billion Purchase of IMG Agency
NEW YORK, United States — Silver Lake Management LLC and William Morris Endeavor Entertainment LLC agreed to buy talent agency IMG Worldwide Inc.
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The News in Brief
EBay Is Laying off About 800 Workers
The cuts affect roughly 6 percent of the company’s global workforce and comes a week after it said it would acquire Depop.
Puma Forecasts Another Year of Losses, Scraps Dividend
Puma warned 2026 will be a transition year as it liquidates excess inventories, revamps marketing and develops new products to position itself for a turnaround.
Exclusive: Dazed China Relaunches Under New Publishers
The second iteration will be released in June on a quarterly basis through Dazed Media and Chinese publisher Meta Media Group.
Charlotte Tilbury CEO Demetra Pinsent Exits the Brand
The makeup label’s chief executive of 14 years announced her departure internally on Wednesday, The Business of Beauty has learned.
Steven Madden Yanked Guidance After Supreme Court Tariff Ruling
Chief executive Edward Rosenfeld told analysts the sudden change in trade policy makes it difficult to calculate the cost of tariffs in the coming months.
TJX Cos Forecasts Muted Annual Sales and Profit as Consumers Curb Spending
The TJ Maxx and Marshalls parent faces mounting concerns over declining nice-to-have purchases as living costs rise and margin pressures intensify.
Croissant Raises $28 Million in New Funding
The resale pricing app is the latest fashion-tech startup to bolster its finances as investor demand holds firm.