rumours

Lefaso denies rumours of Nike moving production

Published: October 6, 2021

Phan Thi Thanh Xuan, Vice Chairwoman and General Secretary of the Vietnam Leather and Footwear Association (Lefaso), has denied social media rumours that Nike plans to move some of its production out of Vietnam to China and Indonesia.

Patek Philippe CEO refutes sale rumours

Published: March 22, 2019

Thierry Stern, CEO, Patek Philippe said the Company will stay in the hands of his family.

Rumours of potential sale of Patek Philippe

Published: January 23, 2019

The Swiss luxury watchmaker is rumoured to be coming up for sale.

Rumours denied of Abu Dhabi fund bidding to acquire JBS

Published: June 19, 2017

Shares of the meatpacking giant fell on June 16 as rumours of Abu Dhabi sovereign wealth fund Mubadala Development Co preparing to make a bid for control of JBS were denied.

Rumours that Kering to sell Puma brand

Published: November 4, 2014

Shares in Puma jumped more than 115 points on November 3, with three traders citing talk of a bid for French group Kering's 86% stake in the German sportswear company reports the Economic Times. Kering own several luxury brands such as Gucci and Yves Saint Laurent.