Ben Francis explores repurchasing part of the £200m stake sold to General Atlantic in 2020, potentially raising his ownership above 70%. Gymshark founder and CEO Ben Francis is in talks to repurchase a portion of the 21% stake held by private equity firm General Atlantic.
Eurozone retail sales data supports the Euro, lifting EUR/JPY to 185.30 for a second consecutive session. The Euro extended gains against the Japanese Yen, with EUR/JPY trading near 185.30 during European hours on Monday. The currency pair advanced for a second straight da
The US Dollar Index regains 101.00 amid geopolitical tensions and technical support, signaling a potential end to its recent pullback. The US Dollar Index (DXY) climbed back above 101.00 early Monday, reversing a two-day losing streak as geopolitical uncertainties in the S
May’s 0.2% month-on-month rise in Eurozone retail sales underperformed the 0.3% consensus estimate, signaling softer consumer demand. Eurozone retail sales increased by 0.2% month-on-month in May, missing the 0.3% growth forecast by economists. The figure reflects a modest
Consumer spending in the Eurozone rose less than expected in May, signaling modest economic activity amid prior declines. Eurozone retail sales increased by 0.2% month-on-month in May, missing the 0.3% estimate. The figure reflects a slight recovery after a 0.4% decline in
Emerging managers secured just €3.4 billion in 2024, marking their lowest share of European private equity capital in a decade. Established private equity firms in Europe have captured the bulk of fundraising in 2024, raising €34.1 billion across 35 funds. Emerging manager
May retail sales growth fell short of the 0.3% monthly gain expected, following a 0.4% decline in April. Eurozone retail sales increased 0.2% month-over-month in May, below the 0.3% consensus forecast. The print follows a revised 0.4% drop in April, signaling sluggish cons
May's producer price index aligns with expectations, while annual inflation accelerates to 5.9%, exceeding forecasts. Eurozone producer prices increased by 0.2% month-on-month in May, matching consensus estimates. The annual rate climbed to 5.9%, above the expected 5.7%, s
Societe Generale strategists see potential for renewed Dollar buying as USD/JPY consolidates above March highs near 160.40. USD/JPY retreated after testing resistance at 162.80 but remains above the March peak of 160.40, signaling potential consolidation. Strategists note
German factory orders rose 1.9% in May, beating forecasts, but US-Iran tensions curb risk appetite and lift the USD. The EUR/USD pair retreated to 1.1415 on Monday, erasing gains from late last week, as geopolitical concerns overshadowed upbeat German economic data. The US
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