The New York-based cosmetics conglomerate announced on Monday that it is weighing up its options for its professional beauty division, as well as its operations in Brazil, evoking the possibility of a divesture.
Nike Inc's online growth and a bullish outlook in China put it on a firm path and should help it easily ride out rises in U.S. import tariffs on its Chinese-made sneakers, Wall Street analysts said on Wednesday
Hong Kong's political unrest is posing a dilemma for Alibaba Group on the timing of its planned $15 billion listing in the city, with sources saying the Chinese e-commerce company is now considering several timetables.
German sportswear company Adidas reported disappointing second-quarter sales on Thursday but expects a recovery in the second half after it stemmed a decline in Europe and saw its long-struggling Reebok brand recover.
Alibaba Group Holding Ltd has filed confidentially for a Hong Kong initial public offering, Bloomberg reported on Thursday, citing people familiar with the matter.Alibaba declined to comment on the report.
Nestle has entered exclusive talks to sell its skin health business to a consortium led by EQT Partners for 10.2 billion Swiss francs, as the food group shifts its portfolio in response to changing consumer demands.