Puma stock surges after Anta Sports buys $1.8 billion
Signage at an Anta Sports Products Ltd. pop-up store in Beijing, China, on Saturday, Aug. 24, 2024. Anta is scheduled to release earnings results on Aug. 27. Na Bian |…
China’s Anta Sports buys $1.8B stake to become top Puma shareholder
China’s biggest sportswear brand Anta Sports Products announced on Tuesday it would buy a controlling stake in Puma for 1.5 billion euros ($1.8 billion), making it the biggest shareholder in…
Nike climbs as Apple’s Tim Cook buys US$3 million in stock
Apple chief Tim Cook bought shares worth about US$3 million in Nike, a move that nearly doubled his personal stake in the sportswear maker and signaled confidence in the turnaround…
Best Buy’s website will start selling sports apparel, Martha Stewart wares alongside electronics
People will soon be able to buy Fanatics sportswear and Martha Stewart cookware, along with all kinds of electronics, on the Best Buy website. The retailer announced Tuesday morning it…