$1.5b Superhero, Swyftx merger dead | Nike's best revenue in 10 years | City Chic investors not happy - podcast episode cover

$1.5b Superhero, Swyftx merger dead | Nike's best revenue in 10 years | City Chic investors not happy

Dec 21, 20226 min
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Episode description

The $1.5b merger between Superhero and Swyftx is officially dead in the water.

 

Nike has reported its best quarterly revenue growth in over a decade - barring one quarter - and handily beat profit expectations.

 

City Chic, the speciality women’s fashion retailer, has seen its share price drop almost 30% over the last few days to wrap up the year after poor results.

 

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$1.5b Superhero, Swyftx merger dead | Nike's best revenue in 10 years | City Chic investors not happy | What the Flux podcast - Listen or read transcript on Metacast