Nike is laying off hundreds of U.S. distribution center workers as it accelerates automation and restructures its supply chain operations. The athletic apparel giant plans to cut 775 jobs, primarily at distribution centers in Tennessee and Mississippi, according to company statements and reporting by CNBC. The layoffs are focused on warehouse and fulfillment roles as Nike increases its use of advanced automation and streamlines its logistics footprint. The company has not disclosed how many total worker ...

Company Overview - Amer Sports, Inc. is a Finland-based provider of sports equipment, apparel, footwear, and related accessories, operating through segments such as Technical Apparel, Outdoor Performance, and Ball & Racquet Sports [4] Investment Outlook - Amer Sports, Inc. is identified as a stock under $50 with a positive investment outlook, supported by a price target increase from $45 to $46 by Truist, maintaining a Buy rating due to "durable growth levers across the business" [1] - The company has modest brand awareness in the U.S., low competition, and an appealing higher-income clientele, which are expected to contribute to substantial long-term growth prospects [2] - The management has outlined a long-term model through 2030, targeting a compound annual growth rate (CAGR) in the low double-digits to mid-teens and an annual increase in adjusted operating margin of 30-70 basis points or more [2] Growth Potential - Amer Sports is well-positioned to achieve a five-year EPS CAGR of over 25% and targets FY30 EPS of over $2.50, bolstered by multiple growth projects across several brands and a successful execution history in China [3]

Core Insights - Amazon.ae is launching a six-day 11.11 sale event from November 7 to 12, featuring millions of deals and faster delivery options, including a 15-minute service for everyday essentials [2][3] - The sale will cover all product categories with discounts up to 60% on select items, aiming to leverage one of the largest shopping periods in the Middle East [3][4] Delivery and Discounts - Amazon Now service has experienced a 40% month-over-month growth in daily orders, with Prime members shopping twice as frequently since the introduction of the 15-minute delivery option [3] - The sale includes delivery within minutes in major areas of Dubai, Abu Dhabi, and Sharjah, with two-hour delivery available on thousands of products [5] Promotional Offers - Customers can save up to 50% on their first three orders with Amazon Now, and 20% off subsequent orders [5] - Amazon Bazaar will offer a 50% discount on all items using the promotional code BZR50 during the sale period [5] Featured Deals - Key deals include up to 60% off sports equipment from brands like Everlast, PROIRON, and Adidas, coinciding with the Dubai Fitness Challenge [6] - Discounts of up to 50% on beauty and personal care products from brands such as CeraVe and Dyson, and up to 40% off electronics from Samsung, Apple, and Sony [6] Household and Membership Benefits - Up to 50% savings on household items including vacuum cleaners and coffee machines [7] - Prime members enjoy exclusive savings, free delivery on orders above Dhs25 ($6.81), and two-hour delivery on orders above 100 dirhams [7] Payment Incentives - Additional payment incentives include instant bank discounts up to 15% for Mastercard and First Abu Dhabi Bank credit card holders, along with interest-free installment plans [8] - Customers purchasing Dhs400 e-gift cards will receive up to Dhs40 in promotional credit for 11.11 purchases [8]