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Private jet shortage hits English football’s pre-match prep

  Bloomberg England’s elite football clubs wanting to travel to games by private plane are having to do something unfamiliar: get in line. Rising demand for chartered air travel in the UK means many English Premier League clubs are seeing their plans for getting to and from away matches disrupted, an issue that some coaches have already blamed for disappointing ...

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Shoemaker Li Ning leads growth of Chinese brands

  Bloomberg A sportswear company founded by an Olympic gold medalist saw the biggest surge in growth in a ranking of the 100 most valuable brands in China this year. Athletic apparel maker Li Ning Co had its brand value jump 66% to $3.4 billion, the quickest pace in the annual list compiled by Kantar BrandZ. Its rise was fuelled ...

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Macy’s cuts forecast on inventory glut

  Bloomberg Macy’s Inc cut its full-year forecast for profit and revenue, citing tighter consumer budgets and an industrywide inventory glut that is leading to steeper markdowns. Earnings per share, excluding some items, are now expected to be at least $4 for the fiscal year, compared with a prior outlook of at least $4.53, Macy’s said in a statement. The ...

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