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Mattel jumps 19% as Authentic Brands weighs $6bn-plus takeover
Mattel shares surged almost 19% after Authentic Brands Group approached the Barbie and Hot Wheels owner about a potential takeover worth around $6 billion or more, but the absence of a formal sale process leaves a wide gap between the reported interest and Mattel’s market price.
H&M profit improves as Persson family’s 68% stake revives buyout question
H&M’s third-quarter operating profit rose more than expected, but the Persson family’s steadily increasing ownership has kept a longer-term question alive: could the fast-fashion retailer eventually disappear from the stock market?
On Holding targets CHF5.6bn sales and launches first $1bn share buyback
The Swiss premium sportswear company expects high-teens constant-currency growth through 2029 while expanding beyond running into football and golf without abandoning its premium-margin strategy.
Premier Investments (ASX: PMV) keeps most of 7% results rally as Peter Alexander offsets Smiggle weakness
Premier Investments shares remain above their pre-results level after FY26 earnings revealed a widening gap between record Peter Alexander sales and a shrinking Smiggle store base, leaving investors to decide whether the retailer’s remaining portfolio deserves a higher valuation.
H&M profit jumps 23% as cost cuts work but sales growth remains stuck at 1%
H&M beat profit expectations and widened gross margin in its third quarter, but September guidance suggests its top-line recovery remains much slower than its profitability improvement.
AutoZone sales reach $20.3bn as tariff refunds lift Q4 margin
AutoZone ended fiscal 2026 with more than 8,000 stores and higher profit, although tariff refunds materially boosted fourth-quarter gross margin.
AO World profit rises over 20% as Jessops acquisition expands retail strategy
AO World expects first-half profit before tax to rise by more than 20% to around £21.5 million and has completed the acquisition of Jessops as it pushes into photography, recommerce and adjacent electrical categories.
Costco Q4 revenue reaches $95.7bn as digital sales jump nearly 20%
Costco Wholesale Corporation ended fiscal 2026 with double-digit net-sales growth, faster digital expansion and higher membership income, while tariff refunds added a one-time benefit to quarterly earnings.
Gucci’s ‘Made in China’ sneakers test luxury pricing as Kering rebuilds flagship
Gucci has begun selling two sneaker designs labelled “Made in China,” an unusual departure from the Italian manufacturing identity attached to most of the luxury house’s footwear. Parent company Kering says specialized Chinese manufacturing was selected for technical reasons and that Italy remains central to Gucci’s production model.
Amazon’s biggest quick-commerce bet yet puts India rivals under fresh pressure
Amazon reportedly plans to invest $3 billion in India’s quick-commerce business through 2030 as it tries to close a large market-share gap with Blinkit, Swiggy, Zepto and Walmart-owned Flipkart. Amazon says its Now service has already exceeded $1 billion in annualized gross sales, but the company declined to confirm the confidential investment figures reported by Reuters.