Bumble swipes right on $1.3 billion go-private deal amid online dating industry reset
Bumble (BMBL.O) is set to go private in a $1.3 billion deal with Ithaca Holdings after struggling for years to revive growth…
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Mbappe boosts On’s brand visibility, but hurdles to soccer success remain
On Holding (49G.BN) made a splashy entry into soccer on Friday by signing French star Kylian Mbappe, a move…
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Lululemon cuts outlook again, highlighting to-do list for new CEO
Lululemon Athletica (LULU.O) on Thursday slashed its full-year forecasts again, underscoring that incoming CEO Heidi O’Neill has her work cut out…
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Match’s weak quarterly revenue forecast masks improving trends at Tinder
Match Group (MTCH.O) forecast third-quarter revenue below Wall Street estimates on Tuesday, overshadowing signs of improvement…
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Nike out of World Cup contention as Adidas-outfitted teams head to final
Nike’s (NKE.N) swoosh will be notably absent from the World Cup final. Argentina’s semi-final win….
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Adidas edging Nike in World Cup sales boost, data shows
As the World Cup brand battle heats up, sportswear giant Adidas (ADSGn.DE) appears to be getting a bigger boost than rival Nike…
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Match Group beats revenue estimates as Hinge grows, Tinder resets amid AI push
Match Group (MTCH.O) posted first-quarter revenue above estimates on Tuesday, driven by the solid performance of dating app Hinge and early….
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Nike closes in on UEFA ball deal as Adidas bows out
Nike is in exclusive talks to sponsor footballs for European men’s matches, edging out rival Adidas, a move that could provide a visibility boost to the…
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Match Group forecasts upbeat revenue as turnaround gains traction
Match Group (MTCH.O) forecast first-quarter revenue above estimates, signaling early gains from its turnaround push, sending its shares up…
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Lululemon CEO McDonald to step down, shares rise 10%
Lululemon Athletica (LULU.O) said that CEO Calvin McDonald was leaving the company without a replacement and raised its annual profit forecast, sending shares up…
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