HeyJaredNeil J Kanatt
- Indexed articles, last 90 days
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- Sep 30, 2026
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Mattel taps Condé Nast's Lynch as CEO Kreiz, who led brand revival, departs (opens the original)
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Sept 30 — Mattel's longtime CEO Ynon Kreiz, who led the toymaker's transformation into a broader entertainment company, is stepping down and will be succeeded by board member Roger Lynch, head of Vogue and New Yorker owner Condé Nast. The change comes ahead of the crucial holiday season, with Mattel facing tariff-related costs and activist investor pressure over its declining shareholder value despite efforts to build on the success of 2023's blockbuster "Barbie" movie. Kreiz, who has led Ma
Swiss brand On approves $1 billion maiden buyback plan, charts 2029 financial goals - AOL (opens the original)
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Sept 22 (Reuters) - On Holding on Tuesday authorized its first share buyback, worth up to $1 billion through the end of 2029, and unveiled long-term financial targets, as it bets on growth in apparel, sneakers and new sports categories. US-listed shares of the company rose about 13% in morning trading, after falling about 40% so far this year. The company, a prominent maker of running shoes with brands such as CloudTec, has been battling slowing growth, especially in its key Americas market, but
Macy's lifts forecasts as luxury banners thrive, but turnaround costs hit shares (opens the original)
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Sept 10 — Macy's raised its forecasts on Thursday, buoyed by robust spending among higher-income shoppers at its upscale Bloomingdale's and Bluemercury chains even as investments made as part of its turnaround plan could lead to a wider-than-expected current-quarter loss. The department-store operator's shares dipped about 3% in morning trading after it said it anticipates an adjusted loss between 19 cents and 23 cents per share in the current quarter - above an expected 6-cent-per-share loss.
Macy's lifts forecasts as luxury banners thrive, but turnaround costs hit shares - AOL (opens the original)
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Sept 10 (Reuters) - Macy's raised its forecasts on Thursday, buoyed by robust spending among higher-income shoppers at its upscale Bloomingdale's and Bluemercury chains even as investments made as part of its turnaround plan could lead to a wider-than-expected current-quarter loss. The department-store operator's shares dipped about 3% in morning trading after it said it anticipates an adjusted loss between 19 cents and 23 cents per share in the current quarter - above an expected 6-cent-per-sha
Lululemon dives on risks of prolonged turnaround under new CEO (opens the original)
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Sept 4 — Lululemon Athletica shares tumbled 18% to an eight-year low on Friday as the sportswear maker's latest annual forecast cut fanned worries of a long-drawn-out overhaul under incoming CEO Heidi O'Neill. O'Neill, a former Nike executive, will take charge on September 8 when the once athleisure darling's latest efforts to reignite growth through new styles and assortments have failed to resonate with style-savvy customers. Lululemon, associated by its affluent female shoppers with sophist
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