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JetBlue girds for battle against Delta Air Lines

  Bloomberg JetBlue Airways Corp. plans to increase daily flights from Boston by about 40 percent, including new service to Atlanta as the carrier steps up competition with Delta Air Lines Inc. In addition to the Boston-Atlanta route starting March 30, JetBlue plans to add flights in the second half of 2017 between the Georgia city and New York’s John ...

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Steinhoff acquires S African shoe retailer as profit rises

  Bloomberg Steinhoff International Holdings NV said it sees further opportunities for growth in its main markets as the acquisitive South African clothing and furniture retailer announced its latest purchase and reported a 20 percent rise in full-year profit. The company agreed to buy Tekkie Town, a South African shoe retailer with 302 stores, Steinhoff said in a report posted ...

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Canada’s Aritzia to raise $234mn in Toronto IPO

  Bloomberg Aritzia LP, the Canadian women’s fashion retailer, aims to raise about C$300 million ($234 million) from its initial public offering, in what would be the country’s largest IPO since the C$1.83 billion sale of electric utility Hydro One Ltd. in October. Aritzia shareholders Berkshire Partners and company founder Brian Hill plan to sell 20 million subordinate voting shares ...

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