David Binley’s Post

Are Bata & Adidas going to come together? Well, we don’t know that yet. However, what we understand is the business sense this proposed alliance could make. Here’s a video breaking it down for you. Disclaimer: https://bit.ly/3DZqs3K #YESSECURITIES #ChoiceoftheWize #Finance #Bata #StockMarket #Adidas #Acquisition #Business #Partnership #CurrentAffairs #sneakers

Frasers Group has pulled out of its acquisition of SportScheck after the German retail chain filed for administration on Thursday (30 November), and is now seeking a pre-pack deal for the business. Read more here. #fashion #fashionnews #retail #retailnews

Manchester United Plc's (NYSE:MANU) curiously timed ‘world record’ kit deal with adidas has evidently underwhelmed investors in New York and sparked fresh speculation about what it potentially means for its protracted takeover process. With no fanfare the club announced, in less than 60 words, to #investors that it had signed a new 10-year extension to its kit and apparel deal with #Adidas on improved terms. The club is currently on a pre-season and commercial promotions tour of the United States and hadn’t, at the time of writing, even mustered a social media post to laud the renewed partnership. This decidedly low-key and arguably premature – the existing deal doesn’t expire until the end of the 2024/25 season – adds further curiosity around the club’s future. More at #Proactive #ProactiveInvestors #NYSE #MANU #ManUnited #ManchesterUnited http://ow.ly/pkUR104PQzi

Adidas updates 2024 guidance with mid to high single-digit revenue growth, aiming for EUR700 million operating profit, despite falling short of Baader Helvea's and consensus expectations. https://brokerwaves.com/ #Adidas #FinancialForecast #Yeezy #EarningsUpdate #Sportswear #MarketAnalysis #BaaderHelvea #Investing #BusinessNews #RetailIndustry

What a long string of failures in branding and overall strategy! Is Adidas ever going to get it right? #changemanagement #changemindset #postcovid19 #consumerbehavior #consumerinsights #postpandemic #postpandemicworld #strategydevelopment #strategicplanning #strategicthinking #strategicmanagement #strategyexecution  #Distressed #restructuring #turnaroundmanagement #distresseddebt #distressedinvesting #corporarefinance #NPL #turnaround #operationalimprovement #financialimprovement #nonperformingloans #bankruptcy #chapter11 #corporaterestructing  #cashisking

Gómez-Acebo & Pombo has advised Flexdev Group (one of Dentressangle’s portfolio companies) in its entry into the Spanish market with the purchase of a majority stake in Aneyron Promociones, a company dedicated to design, production and distribution processes of applications for the textile sector and Spanish leader in sportswear customization. The GA_P team that advised on the transaction was formed by: Fernando de las Cuevas, Clara Rivero Sans and Sergio Gómez López, partner and associates of the corporate team. Read the full article >> https://lnkd.in/dD6K4uh8 #IberianLawyer #operation #acquisition #legaladvisors #lawyers

👟 The German Athletic Company reports better-than-expected results for the first quarter of 2024. The company's revenue increased 8% compared last year, and expects an increase at a higher rate in 2024. Check Adidas stock price at Markets.com. 🚀 #Marketscom #ThePlaceToTrade #MarketNews #Trading #StockPrice #Adidas #StockMarket

👟 The German Athletic Company reports better-than-expected results for the first quarter of 2024. The company's revenue increased 8% compared last year, and expects an increase at a higher rate in 2024. Check Adidas stock price at Markets.com. 🚀 #Marketscom #ThePlaceToTrade #MarketNews #Trading #StockPrice #Adidas #StockMarket

The company’s third quarter turnover increased by 16 percent and adjusted EBITDA increased by 18 percent. According to the recent Financial Times report, Permira is all set to list Golden Goose in Milan in the first half of 2024. The report quoted people familiar with the decision and added that the IPO expects to value the company at around 3 billion euros. Golden Goose witnessed positive growth momentum in all geographies with Americas increasing 7 percent, EMEA 27 percent and Asia Pacific by 9 percent compared to the nine month period of 2022. The company’s DTC sales accounted for 69 percent of nine month sales. Golden Goose added that the company continued the expansion of the retail channel with positive growth in all regions, led by outperformance of EMEA. #GoldenGoose #Sports #Luxury #Fashion #Growth