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Tag: journal
The Wall Street Journal: Nike sees $50 billion of annual revenue by 2020
2015-10-14 21:10:27| Footwear - Topix.net
Nike Inc. projects it will hit $50 billion in annual revenue by 2020, with its women's business roughly doubling over the same period, as the world's largest sportswear maker moves to extend its hold on the athletic-gear industry. Nike brand President Trevor Edwards said the company's women's business is expected to rise to $11 billion by 2020 from $5.7 billion this year, and its e-commerce business is expected to jump from about $1 billion this year to $7 billion in five years.
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journal
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The Wall Street Journal: American Apparel could file for bankruptcy as soon as Monday
2015-10-05 08:32:31| Apparel - Topix.net
American Apparel Inc. is completing plans to file for bankruptcy protection as soon as Monday morning, people familiar with the situation said, the latest setback for a company that was thrown into chaos after a battle to oust founder Dov Charney. has struggled with shrinking sales and an outsize store footprint, as well as litigation tied to Charney, who left the company in December.
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american
journal
The Wall Street Journal: NovoCure falls below reduced IPO price in market debut
2015-10-03 22:12:05| Biotech - Topix.net
Shares in oncology company NovoCure Ltd. fell sharply in their trading debut Friday, the latest example of investors' waning appetite for biotechnology shares and for initial public offerings. shares opened at $20.16, below their initial public offering price of $22.
Tags: price
street
market
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The Wall Street Journal: General Mills recalls another batch of green beans due to listeria
2015-10-02 22:39:23| Agriculture - Topix.net
General Mills Inc. is voluntarily recalling a small amount of frozen Cascadian Farm Cut Green Beans after a package tested positive for listeria, the second listeria-related recall for this brand of green bean this year. The recall involves green beans produced on one day in June and is limited to 16-ounce bags with a "Better If Used By" date of 29JUNE2017.
The Wall Street Journal: EU regulators weigh seeking concessions on FedEx-TNT deal
2015-10-02 09:16:53| Air Courier - Topix.net
FedEx Corp. has run into unexpected hurdles in its planned takeover of Dutch rival TNT Express NV, as European regulators consider demanding concessions, such as asset sales, which could throw the deal off course. executives have portrayed the proposed a 4.4 billion merger as a sure thing, arguing it bears little resemblance to an earlier bid for TNT by rival United Parcel Service Inc. That deal failed in early 2013 after resistance from Europe's antitrust cops.
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