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Shoemaker Cole Haan preps IPO as athleisure focus boosts sales

Bloomberg Premium shoemaker Cole Haan, currently owned by private equity, is preparing for an initial public offering, following robust sales and profit growth. “Our management team is confident in the opportunities we have created for the Cole Haan brand and our business globally,” Chief Executive Officer Jack Boys said in a statement. “Based on the momentum we have generated in ...

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Beyond’s fried chicken to get ‘tasted in KFC’

Bloomberg Beyond Meat Inc has another high-profile fast-food partner — KFC — to help the faux meat maker tackle a plant-based substitute for a different major protein source: chicken. KFC, owned by Yum! Brands Inc, will test plant-based nuggets and boneless wings at one of its Atlanta restaurants on Tuesday. The location will offer complimentary samples to customers who purchase ...

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Budget airline extends test of a surprise amenity: more legroom

Bloomberg Allegiant Airlines, a discounter known for squeezing budget-conscious passengers into seats, is trying to entice customers to pay for a new amenity: extra legroom. The unit of Allegiant Travel Co removed a row of seats on three of its Airbus SE A320 jets to offer 30 spots with six inches of extra space. The challenge is to persuade travellers ...

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