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China’s Anta weighs IPO of Wilson racket maker Amer Sports

  Bloomberg China’s biggest athletic-apparel producer Anta Sports Products Ltd is considering an initial public offering of Amer Sports, according to people familiar with the matter. Anta and its co-investors in the Wilson tennis racket maker are holding preliminary talks with investment banks for an IPO that could raise about $1 billion or more, the people said. The group, which ...

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Airbus slashes full-year delivery target amid supply-chain woes

  Bloomberg Airbus SE abandoned its delivery target for this year after supply-chain disruptions ripping through the industry proved too severe to overcome for the world’s biggest planemaker. The European manufacturer moved away from a goal to hand over 700 planes, while saying that it won’t fall “materially short” of the guidance. As of the end of November, Airbus had ...

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Prada names former LVMH executive as its new CEO

  Bloomberg Italian fashion house Prada SpA named Andrea Guerra as its new chief executive officer, stepping into the role held by the husband-and-wife duo of Patrizio Bertelli and Miuccia Prada. Guerra, 57, is a former CEO of eyewear giant Luxottica and Italian food specialist Eataly and most recently was the head of LVMH Moet Hennessy Louis Vuitton SE’s hospitality ...

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