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New champions crowned, new rivalries forged at the US Open


New champions crowned, new rivalries forged at the US Open

NEW YORK, Sept 9 (Reuters) – The U.S. Open, full of surprises and hungry, young challengers, was the latest sign that a new era has dawned in men’s tennis: 2024 will be the first time in more than two decades that none of the “Big Three” have won a Grand Slam title. Roger Federer had […]

Birkenstock misses quarterly profit forecasts as expansion plan hurts margins


Birkenstock misses quarterly profit forecasts as expansion plan hurts margins

Aug 29 (Reuters) – Birkenstock (BIRK.N)opens new tab Quarterly earnings expectations were missed on Thursday as the German sandal maker’s global expansion and production increases led to a decline in its margins, sending shares down 12% in early trading. Due to strong global demand and to increase sales through its own channels, where products are […]