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Nike navigates multi-year turnaround with mixed Q2 results
Nike, Inc. announced financial results for its second fiscal quarter ended November 30, 2025, revealing a complex landscape of modest top-line growth and significant bottom-line pressure as the company navigates a multi-year turnaround. Total revenues reached 12.4 billion dollars, representing a 1 percent increase on a reported basis but...
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Founders of members-only platform Mile acquire Matches, prepare for 2026 relaunch
After a tenuous period that brought uncertainty to the future of Matches, it appears the ailing British e-tailer may have found a more promising home. Hulcan, a new luxury group created by the co-founders of members-only platform Mile, has stepped up to acquire the company as it prepares for a 2026 relaunch. The deal – financial details of which...
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