Wilson racket maker Amer Sports rises up to 6% after $1.37 billion IPO

[ad_1] By Bloomberg Published Feb 2, 2024 Amer Sports Inc. stock rose as much as 6.2% above its US initial public offering price after its first-time share sale priced below a marketed range. Arc’teryx Shares in the maker of Wilson tennis rackets and Salomon ski boots were trading at $13.61 each as of 1:14 p.m. […]

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German footwear brand Birkenstock’s revenues jump 20% in FY23

[ad_1] By Fibre2Fashion Published Jan 19, 2024 Birkenstock, a leading Germany-based global footwear brand, has reported revenues of €1.492 billion for the fiscal ended September 30, 2023 (FY23), marking a 20% increase on both a reported and constant currency basis compared to the previous year. The revenue growth is attributed to a 6% increase in […]

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Birkenstock faces critical first earnings after post-IPO wobble

[ad_1] By Bloomberg Published Jan 18, 2024 Birkenstock Holding Plc’s first earnings report as a public company is ripe for volatility as investors gauge whether the negative reaction to its 2023 initial public offering was overdone. BIRKENSTOCK X STÜSSY The Neustadt, Germany-based sandal maker will report results before the US stock market opens Thursday, following […]

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