Articles by DPA
Clarks recalls 113,000 women's canvas shoes due to chemical hazard
Nov 7, 2022 - Business
Clarks Americas has recalled about 113,000 women's navy blue canvas shoes due to chemical hazard. According to Consumer Product Safety Commission, the company has recalled Breeze Ave, Breeze Shore and Breeze Step women's shoes in navy colors. The shoes, which were manufactured in China, were recalled because prolonged and direct contact with the...
Amazon's Prime early access sale dates announced
Sep 26, 2022 - Retail
Amazon's Prime Early Access Sale will take place on 11th and 12th October in fifteen countries. The two-day global shopping event will only be available to Prime members and will feature "hundreds of thousands" of holiday deals. The shopping event will be available in Austria, Canada, China, France, Germany, Italy, Luxembourg, the Netherlands,...
Harry Styles becomes subject at Texas State University
Jul 22, 2022 - News
At the Texas State University in San Marcos, the British pop star Harry Styles (28) will be offered as a topic for students for the coming semester. The course is about the musician and his influence on pop culture. The seminar, entitled "Harry Styles and the Cult of Celebrity: Identity, the Internet and European Pop Culture," is the "world's...
Puma: Héloïse Temple-Boyer assumes role of supervisory board chair
May 11, 2022 - Report
Puma SE(PMMAF.PK), a German maker of footwear, apparel, and accessories, said on Wednesday that Héloïse Temple-Boyer has assumed the role of Chair of the Supervisory Board with effect from May 11. Temple-Boyer succeeds Jean-François Palus, who had previously resigned as Chair of the Board effective from the same day. Temple-Boyer has been a...
L'Oréal AGM adopts all proposed resolutions
Apr 22, 2022 - Report
L'Oréal said that its Annual General Meeting adopted all the proposed resolutions. The AGM approved the parent company financial statements and the consolidated financial statements for 2021. The AGM decided on the distribution of a dividend of 4.80 euros per share. The dividend is increased to 5.28 euros for shares that have been continuously...
Facebook owner Meta Platforms to test sale of virtual goods
Apr 13, 2022 - Retail
Meta Platforms (FB) said on Monday that it will soon start testing tools to sell digital assets and experiences inside its virtual reality platform Horizon Worlds. This move is an important part of the company's plan to create a metaverse. Meta said in a statement, "The tools will be available initially to an hand-picked set of users who are...
Guess to repurchase 175 million dollars of shares
Mar 21, 2022 - Business
Clothing brand Guess? Inc. (GES) said Monday that it has moved ahead with its accelerated share repurchase or ASR to buy back 175 million dollars of its shares. Carlos Alberini, CEO of Guess said: "As a result of this execution, we are pleased to be able to return significant value to our shareholders, which remains a key priority for our Board....
Swatch group posts full-year profit
Jan 25, 2022 - Report
Swiss watch and jewelry maker Swatch Group (SWGAF.PK, SWGNF.PK) reported that its net income attributable to shareholders for fiscal year 2021 was 765 million Swiss francs compared to a net loss of 51 million francs in the previous year. Earnings per registered share was 2.95 francs compared to a loss of 0.20 francs in the prior year. Operating...
Kohl's confirms express of interest to acquire the company
Jan 24, 2022 - Report
Department store chain Kohl's Corp. (KSS) confirmed on Monday that it has received letters expressing interest in acquiring the Company. Kohl's said its Board of Directors will determine the course of action that it believes is in the best interests of the Company and its shareholders. The board advised shareholders not to take any action at...
Zalando to repurchase up to 200 million Euros of shares
Jan 21, 2022 - Report
Zalando SE (ZLNDY), a German multi national E-commerce company based in Berlin, Germany, said it decided to initiate a share buy-back program. The program covers the repurchase of up to 2.2 million own shares with a total purchase price, excluding incidental transaction charges, of up to 200 million euros. The buy-back program starts on 21...