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Top related persons:
Robert Schramm - 3 Fuchs - 3 Janus Henderson - 3 Helen Reid - 3 Bjorn Gulden - 2 Schramm - 2 Adam Cochrane - 2 Tingshu Wang - 1
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China North America Paris France Beijing United States Greater China Berlin
Top related orgs:
REUTERS - 3 Thomson - 3 Adidas - 2 Nike - 2 Apparel - 1 Deutsche Bank . Currency - 1 Reuters Graphics - 1 Puma - 1

Search resuls for: "Robert Schramm"


4 mentions found


☆ Adidas sees Samba shoes driving more interest from retailers
  + stars: | 2023-11-08 | by ( Helen Reid | Thomson Reuters | London-Based Reporter Covering The European Retail Sector Through A Global Lens. Focusing On Companies Including Adidas | ) www.reuters.com   time to read: +3 min
Inventory levels were down 23% year-on-year at 4.85 billion euros ($5.18 billion), a little more than expected, Adidas said. Adidas' gross margin for the quarter was up 0.2 percentage points at 49.3%, helped by reduced freight costs and fewer discounts. "Adidas' competitive position compared to Nike is improving," said Robert Schramm-Fuchs, portfolio manager at Janus Henderson, which holds Adidas shares. "Adidas needs to earn back the shelf space, but I think they have the right product to do it," he said. Adidas' sales in Greater China grew by 5.7% in currency-adjusted terms, a slowdown after growth of 16.4% in the second quarter.
Persons: Tingshu Wang, Bjorn Gulden, Kanye West, Ye, Spezial, Gulden, Robert Schramm, Fuchs, Janus Henderson, Schramm, Adam Cochrane, Miranda Murray, Helen Reid, Maria Sheahan, Sherry Jacob, Phillips, Catherine Evans Organizations: Adidas, REUTERS, Apparel, Nike, Deutsche Bank . Currency, Reuters Graphics, Thomson Locations: Beijing, China, United States, North America, Greater China, Berlin
☆ Adidas and Puma bet on 'terrace' sneaker trend in tough market
  + stars: | 2023-07-25 | by ( Helen Reid Linda Pasquini | Helen Reid | Linda Pasquini | ) www.reuters.com   time to read: +3 min
Puma is likely to benefit less from the trend than Adidas because its terrace range doesn't have as much name recognition, said Adam Cochrane, analyst at Deutsche Bank. Investors will be pushing Puma and Adidas on broader strategies to navigate weak consumer demand at second-quarter results on July 26 and Aug. 3 respectively. Adidas, however, has got a big boost from selling some of its stock of discontinued Yeezy shoes. On Monday it slashed its expected 2023 operating loss to 450 million euros from 700 million euros, citing unexpectedly strong Yeezy sales. "However, the cost to compete for sportswear brands is very high, and barriers to entry are low, making retailers quite vulnerable to 'boom and bust' cycles as trends change," said Aubin.
Persons: Benoit Tessier, Adam Cochrane, it's, Robert Schramm, Fuchs, Janus Henderson, Bjorn Gulden, Edouard Aubin, Morgan Stanley, Aubin, Helen Reid, Linda Pasquini, Susan Fenton Organizations: Adidas, REUTERS, Puma, Nike U.S, Nike, Google, Deutsche Bank, Investors, Defamation, Thomson Locations: Lafayette, Paris, France, U.S, China, North America, London, Gdansk
☆ Pharrell Williams stages Louis Vuitton debut on Pont Neuf
  + stars: | 2023-06-20 | by ( Mimosa Spencer | ) www.reuters.com   time to read: +3 min
[1/5] Designer Pharrell Williams appears at the end of his Menswear ready-to-wear Spring/Summer 2024 collection show for fashion house Louis Vuitton, on the Pont Neuf bridge, during Men's Fashion Week in Paris, France, June 20, 2023. REUTERS/Gonzalo FuentesPARIS, June 20 (Reuters) - For his debut collection at Louis Vuitton, Pharrell Williams drew his global audience to the Pont Neuf bridge in Paris, kicking off his tenure as creative director of menswear with a celebrity-packed outdoor show that further anchored the LVMH-owned (LVMH.PA) label in popular culture. Abloh had been the industry's highest profile Black designer, credited with forging a place for street style and loose skateboard looks in high-end fashion. Williams was first introduced to the Arnault clan in a collaboration to design sunglasses with Louis Vuitton designer Marc Jacobs in 2004. Williams' appointment raised eyebrows despite his extensive fashion experience, including founding streetwear brands with Japanese designer Nigo and designing capsule collections at Chanel.
Persons: Pharrell Williams, Louis Vuitton, Gonzalo Fuentes PARIS, strode, Williams, Virgil Abloh, Abloh, Virgil, Bernard Arnault, Arnault, Marc Jacobs, Nigo, Erwan Rambourg, Robert Schramm, Fuchs, Janus Henderson, Schramm, Mimosa Spencer, Helen Reid, Vanessa O'Connell, Richard Chang Organizations: REUTERS, Louis, LVMH, Chanel, Juilliard, HSBC, Thomson Locations: Pont, Paris, France, American, LVMH
☆ Stock pickers reckon it's time to move on from central banks
  + stars: | 2023-03-06 | by ( Naomi Rovnick | ) www.reuters.com   time to read: +5 min
LONDON, March 6 (Reuters) - Stock market investors are calling time on the idea that the Federal Reserve, and other major central banks, have their back. The Nasdaq (.IXIC) is still up about 12% year-to-date and a sub-index of European tech stocks has gained 15% (.SX8P). A Reuters poll of 300 global asset managers last month showed 70% of those surveyed believed these so-called value stocks would outperform this year. Another sign investors are turning towards value shares is the reduced premium they are paying for growth stocks. "Central banks will keep rates high."
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