RENO, Nev., Dec. 18, 2025 (GLOBE NEWSWIRE) -- GlobalTech Corporation (OTCID:GTLK)(“GTC” or “GlobalTech”), a U.S. based technology holding company focused on artificial intelligence (AI), big data, and emerging technologies, today announced the closing of the previously announced definitive purchase agreement to acquire a fifty one percent (51%) controlling interest in 123 Investments Limited d/b/a Moda in Pelle (“MIP”), a premium footwear brand established in 1975, with a strong presence in the UK market. T ...

Core Viewpoint - The shoemaker anticipates that tariffs will negatively impact profit margins and lead to a slowdown in revenue growth in the upcoming fiscal year [1] Group 1 - The company expects tariffs to weigh on its profit margins [1] - A slowdown in revenue growth is anticipated for the new fiscal year [1]

Core Insights - German footwear brand Birkenstock exceeded Wall Street expectations for fourth-quarter revenue, driven by strong demand for its sandals and clogs among affluent consumers [1] Group 1 - Birkenstock's strong performance is attributed to increased sales from its popular sandal and clog lines [1] - The demand surge is particularly noted among affluent shoppers, indicating a potential trend in consumer spending behavior [1] - The results come ahead of a crucial holiday season, suggesting that the brand is well-positioned for continued growth [1]

Core Insights - Birkenstock Holding plc is set to release its fourth-quarter earnings results on December 18, with analysts expecting earnings of 36 cents per share, an increase from 29 cents per share in the previous year [1] - The consensus estimate for quarterly revenue is $521.1 million, compared to $455.76 million reported last year [1] - The company provided a positive outlook for 2025 on September 25 [1] Stock Performance - Birkenstock shares fell by 1.8%, closing at $46.40 on Wednesday [2] Analyst Ratings - BTIG analyst Janine Stichter maintains a Buy rating with a price target of $72 [3] - Telsey Advisory Group analyst Dana Telsey holds an Outperform rating with a price target of $70 [3] - Guggenheim analyst Simeon Siegel initiated coverage with a Buy rating and a price target of $60 [3] - JP Morgan analyst Matthew Boss maintained an Overweight rating but reduced the price target from $81 to $66 [3] - UBS analyst Jay Sole maintained a Buy rating and slightly reduced the price target from $77 to $76 [3]

Core Viewpoint - Xcel Brands, Inc. has announced a private investment in public equity (PIPE) financing expected to generate approximately $2.05 million in gross proceeds, which will be used for general corporate purposes and working capital [1]. Group 1: Financing Details - The company is selling 1,670,055 shares of common stock and common stock purchase warrants to purchase up to 835,023 shares at a price of $1.2275 per share [2]. - The warrants are exercisable at an exercise price of $3.00 per share and will expire five years from the date of issuance [2]. Group 2: Regulatory Information - The securities offered in the PIPE financing are unregistered and were offered under Section 4(a)(2) of the Securities Act of 1933 and Regulation D [4]. - The company has agreed to file registration statements with the SEC for the resale of the unregistered shares and shares issuable upon exercise of the warrants [4]. Group 3: Company Overview - Xcel Brands, Inc. is a media and consumer products company involved in the design, licensing, marketing, and sales of various consumer products, including apparel and home goods [6]. - The company has generated over $5 billion in retail sales through livestreaming and digital channels and has a brand portfolio that reaches over 46 million social media followers [6].

Core Viewpoint - The stock market is expected to achieve another double-digit percentage gain in 2025, with the S&P 500 index showing a year-to-date gain of 16.81% as of December 5, despite significant declines in several individual stocks [1]. Group 1: Worst-Performing Stocks - Fiserv (FISV) has seen a decline of approximately 70%, attributed to a drastic cut in its full-year revenue forecast and slowing growth in its merchant-services segment [3]. - The Trade Desk (TTD) is down approximately 67%, facing decreased revenues due to competition from major players like Amazon, leading investors to view the stock as overvalued [4]. - Deckers Outdoor (DECK) has dropped around 57%, with slowing growth expectations and pressure on discretionary consumer spending impacting its well-known brands, UGG and Hoka [5]. - Gartner (IT) is down approximately 52%, with its valuation at $17 billion, facing cyclical pressure as companies reduce spending on advisory services during economic uncertainty [6].

Core Insights - BASF SE has partnered with San Fang Chemical Industrial Co. and Nichetech Advanced Materials Co. to develop sustainable, circular solutions for the global footwear industry, aiming for net-zero carbon emissions by 2050 [1][8] Group 1: Collaboration Details - The first milestone of the collaboration is the launch of Global Recycled Standard (GRS)-certified TPU films, which have verified recycled content while maintaining durability, flexibility, and quality [2] - The partners plan to expand their portfolio with more GRS-certified TPU products that comply with international recycling standards, promoting innovative solutions globally [2] Group 2: Expertise and Goals - BASF brings extensive knowledge in sustainable solutions, San Fang contributes expertise in recycled polyester polyols and key raw materials, while Nichetech specializes in manufacturing capabilities and market knowledge [3] - The alliance aims to accelerate circular solutions, reduce carbon emissions, and enable brands to incorporate recycled materials on a large scale through joint innovation and strict quality control [4] Group 3: Market Performance - BASF's shares have increased by 17.8% over the past year, contrasting with a 16.7% decline in the industry [6]

Riverwater Partners, an investment management company, released its “Small Cap Strategy” Q3 2025 investor letter. A copy of the letter can be downloaded here. The Small Cap Core Strategy reported solid results for the quarter but did not keep pace with the sharp rally, thus lagging the benchmark. The market’s preference for lower-quality companies persisted in the quarter and contributed significantly to the benchmark’s outperformance. On the other hand, the strategy remains focused on higher-quality compa ...

Joining me now, Brian Jacobson, chief economist, Annex Wealth Management. Brian, great to have you back. Thanks for joining us.>> Yeah, thank you for having me. >> Brian, you say there's quite a bit to like about the outlook for 2026. Kick things off and tell us what you like.>> Sure. Well, I think maybe part of it is that it's not 2025. that uh was a little bit of a low bar there in terms of the policy uncertainty that we knew that we were going to be facing in terms of, you know, tariffs, taxes, all sorts ...

Core Viewpoint - GlobalTech Corporation has announced the planned acquisition of 123 Investments Limited, operating as Moda in Pelle, with D. Boral Capital LLC serving as its strategic advisor for this transaction [1][2]. Company Overview - GlobalTech Corporation is a U.S.-based technology holding company focused on artificial intelligence, big data, and emerging technologies, aiming to empower innovative companies through strategic partnerships and capital investment [3]. - D. Boral Capital LLC is a global investment bank that specializes in providing strategic advisory and financial solutions to middle-market and emerging growth companies, having successfully aggregated approximately $30 billion in capital since its inception in 2020 [4][3]. Acquisition Details - The acquisition of Moda in Pelle is part of GlobalTech's strategy to scale globally and invest in cutting-edge solutions, with updates to be shared in future public filings [2]. - The transaction is subject to customary agreements and compliance, with no assurance of timely completion [2]. Moda in Pelle Overview - Moda in Pelle, established in 1975, is a British footwear brand known for its high-quality products and strong presence in the UK market, operating over 40 retail stores and a robust online platform [4].