September 13, 2021
Covid-related restrictions in Vietnam were scheduled to be lifted on Sep. 15, but the government has now extended very strict lockdowns in Ho Chi Minh City through the end of the month after failing to meet targets in control the Delta variant outbreak.
BeachBody has been at work integrating its subscriber bases ahead of the Sep. 21 launch of the MYX II indoor bike, the company said at the Cowen Health, Wellness & Beauty Summit.
Investment entities owned by ASO’s former controlling shareholder, KKR will sell their remaining 18,645,602 shares in the retailer, at a proposed maximum offering price of $42.26 per share, for a total of $788 million.
The Swiss footwear company raised the price range estimate from $18 to $20 to a new maximum of $22, in an amendment to its form F-1 filed with the Securities and Exchange Commission.
With 45% of its footwear production coming from Vietnam, Yue Yuen’s manufacturing segment revenue fell 18% last month to an implied $263,919,000 from $322,997,000 last year, as many of its facilities had to temporarily close or reduce capacity.