Lululemon Athletica Inc. $LULU, renowned for its premium athletic apparel, has faced disappointing outcomes for two consecutive quarters. This trend has intensified concerns regarding the impact of escalating competition and new tariffs on the company's ambitious growth plans. The retailer's forecast for second-quarter sales ranges between USD 2.54 billion and USD 2.56 billion, which falls short of analysts' average expectations.
Miniso Group Holding Ltd. $MNSO is charting a new course for growth by advancing an initial public offering for its specialty toy subsidiary, Top Toy, on the Hong Kong Stock Exchange (HKEX). The company has brought in leading financial advisors JPMorgan Chase & Co. $JPM and UBS Group AG $UBS to oversee the process, highlighting the scale and global reach of the capital-raising initiative.
Germany's Federal Cartel Office has formally warned Amazon.com Inc. $AMZN over its influence on seller pricing within its marketplace, highlighting potential conflicts with both German and EU competition laws. The antitrust watchdog’s initial review points to Amazon's policies as inconsistent with digital market regulations and fair competition principles.