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NKE - Nike Inc News Story

$135.93 2.3  1.7%

Last Trade - 14/05/21

Consumer Cyclicals
Large Cap
Market Cap £152.36bn
Enterprise Value £150.15bn
Revenue £27.32bn
Position in Universe 43rd / 6846

PRESS DIGEST-British Business - April 9

Fri 9th April, 2021 2:06am
April 9 (Reuters) - The following are the top stories on the
business pages of British newspapers. Reuters has not verified
these stories and does not vouch for their accuracy. 
    The Times
    - Liberty House Group founder Sanjeev Gupta has warned his
creditors that their "dangerous and cavalier behaviour"
threatens tens of thousands of British jobs.
    - Japanese bank Nomura Holdings Inc  8604.T  has set up an
internal team to examine how it has racked up an estimated $2
billion of losses from the failure of Archegos Capital
Management LP.
    The Guardian
    - Shoe manufacturer Nike Inc  NKE.N  said it has settled its
trademark infringement lawsuit against the Brooklyn company
MSCHF Product Studio that collaborated with Lil Nas X to produce
his Satan Shoes, and that the shoes will be recalled.
    - British retailer Debenhams, which collapsed last year, is
to reopen 97 of its high street stores on Monday for a closing
down sale to clear stock before they finally shut their doors on
15 May.
    The Telegraph
    - Fast-fashion firm Asos Plc  ASOS.L  revealed it was
seeking to raise 500 million pounds($687.25 million)of debt to
expand globally more aggressively.
    - Under-40s could be asked to take an alternative jab to
AstraZeneca Plc's  AZN.L  vaccine, members of the joint
committee on vaccination and immunisation (JCVI) have said.
    Sky News
    - British-based network of private members' clubs, Soho
House, has submitted a confidential filing for an initial public
offering in New York this week that will value it at more than
$3 billion.
    - Belfry owner KSL Capital Partners LLC is starting a sale
of its historic golf courses and resort likely to be valued at
more than 150 million pounds by prospective bidders, with other
private equity investors and wealthy individuals expected to
show an interest.



($1 = 0.7275 pounds)

 (Compiled by Bengaluru newsroom)
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