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The Week Ahead in Business
Shareholders will vote on a plan to take Roots private as Marquee Brands also lines up a partnership with designer Joseph Mimran.
- On Tuesday, Roots Corp. shareholders will vote on a privatization deal with Marquee Brands, the firm behind Martha Stewart, Laura Ashley, and Roberto Cavalli.
- Marquee plans to partner with Canadian fashion visionary Joseph Mimran to help grow the Roots brand, drawing on his prior success with Joe Fresh, Club Monaco, and Alfred Sung.
- Canadian housing markets face scrutiny this week as The Canadian Real Estate Association releases September home sales on Friday, alongside September housing starts from the Canada Mortgage and Housing Corp.
- Industry Minister Melanie Joly will address industry pressures at the Canadian Club Toronto on Friday, while Ontario Premier Doug Ford delivers a Wednesday speech to the Empire Club.
- Amid an ongoing trade crisis, Stelco is laying off up to 500 workers, with Joly demanding that parent company Cleveland-Cliffs honor legal commitments made during their 2024 acquisition.
Insights by Ground AI
24 Articles
24 Articles
Five elements to be monitored in Canada's business community over the coming week.
·Montreal, Canada
Read Full ArticleCoverage Details
Total News Sources24
Leaning Left17Leaning Right0Center4Last UpdatedBias Distribution81% Left
Bias Distribution
- 81% of the sources lean Left
81% Left
L 81%
C 19%
Factuality
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