Tuesday , 16 December 2025

Recent Posts

Germany’s retailer tackles debt with hefty equity input

Bloomberg German beauty retailer Douglas GmbH is tackling its 2.1 billion-euro ($2.5 billion) debt pile after struggling through a series of pandemic-fueled lockdowns that shuttered its stores across Europe for almost a year. The 179-year-old firm, owned by CVC, is seeking to refinance its bonds and loans with new debt supported by a 220 million-euro equity injection. CVC was coming …

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Nike slides after supply-chain woes hit North America sales

Bloomberg Nike Inc. fell the most since October after its pandemic rebound suffered a setback last quarter, when supply-chain problems kept products from reaching North America, its biggest market. The athleticwear giant, which posted surprisingly strong growth in the previous quarter, missed Wall Street estimates with its latest results. Sales amounted to $10.4 billion in the third quarter — far …

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Norse Atlantic to use Norwegian planes with fresh paint job

Bloomberg Norse Atlantic Airways is copying more than just the long-haul playbook of insolvent discounter Norwegian Air Shuttle ASA. It’s using the carrier’s old planes. The startup airline has agreed to lease nine Boeing Co. 787 jets formerly used by Norwegian, Norse Chief Executive Officer Bjorn Tore Larsen said in an interview. The new company, which announced that it plans …

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