Under Armour reshuffles board with three new appointments

Under Armour announced on Tuesday the appointment of Dawn Fitzpatrick, Eugene Smith, and Robert Sweeney to the U.S. sportswear firm’s board of directors. Under Armour For the last eight years, Fitzpatrick has served as chief executive officer and chief investment officer of Soros Fund Management, privately held investment management firm. Before joining Soros in 2017, the executive spent […]

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Tom Ford glasses maker Marcolin prepares for sale as Pai Partners looks to exit

By Reuters API Published Feb 4, 2024 ​Top managers at Marcolin have started meeting potential suitors while they prepare the Italian eyewear manufacturer for a merger or a sale by renewing a series of key licensing accords, two sources close to the matter said. Tom Ford Marcolin, which has operations in Italy’s eyewear manufacturing district […]

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

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. on […]

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Battered luxury stocks face fresh setback Ffom Burberry warning

By Bloomberg Published Jan 13, 2024 Luxury stocks are off to a rough start this year, adding to their 2023 drop, with Burberry Group Plc’s surprise profit warning crushing hopes for a near-term rebound. See catwalkBurberry – Spring-Summer2024 – Womenswear – Royaume-Uni – Londres – © Launchmetrics Burberry shares slumped as much as 15% on […]

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