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News
Henkel seeks EU approval for Stahl acquisition
2+ week, 5+ day ago (118+ words) Industry sources have reported that Henkel submitted a transaction for review by the European Commission. The Commission has provisionally set September 22, 2026, as the deadline for its decision. Henkel originally announced its agreement to acquire Stahl in February 2026 for €2.1 billion. Henkel…...
A stronger second half for Schaffer Corporation
3+ week, 1+ day ago (132+ words) FY26 statutory net profit after tax was A$22.2 million (US$15.91 million), down from A$24.3 million (US$17.41 million) in FY25. Group revenue fell to A$202.7 million (US$145.29 million) from A$229.7 million (US$164.65 million), according to the company’s FY26 results released on August 19. The company…...
Tapestry hits US$8 billion revenue as Coach drives growth
3+ week, 3+ day ago (245+ words) International Leather Maker Tapestry hits US$8 billion revenue as Coach drives growth The company reported Q4 net sales of US$1.88 billion, up 9% year-on-year (8% in constant currency), or 12% on a pro forma basis excluding Stuart Weitzman. For the full year, net sales…...