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The federal Pregnancy Discrimination Act prohibits workplace discrimination against pregnant women. In a 2015 decision involving United Parcel Service Inc, the U.S. Supreme Court said the law requires employers to provide the same accommodations to pregnant women as it does disabled workers. Since the Supreme Court ruling, workers have filed pregnancy discrimination lawsuits against several large companies, including Merck & Co Inc, Amazon.com Inc unit Whole Foods, Novartis AG, and AT&T Inc’s mobile phone subsidiary.
PARIS (Reuters) - Longchamp, one of France’s leading handbag men's wearhouse cufflinks makers, is increasing its presence in China and the United States to boost its sales, its CEO said, betting on celebrity tie-ups and its online platforms to revive sluggish growth, Founded in 1948, Longchamp, best known for its folding Pliage handbags, is one of the last remaining independent family-owned leather goods makers in France with a global presence, At a time when some top-of-the-range luxury brands, such as LVMH’s (LVMH.PA) Louis Vuitton and Hermes (HRMS.PA), are riding high on strong demand from China, others are having to refresh their designs or marketing strategies to keep young shoppers in particular hooked..
Longchamp, which does not publish its earnings, saw sales grow at a “less vigorous” pace in 2016 and 2017, having tripled in the decade before, Chief Executive Jean Cassegrain, grandson of the firm’s founder, said in an interview. The company - whose top market is French, followed closely by China - took a hit as tourist numbers in France fell following deadly Islamist militant attacks in 2015. But by next year, Cassegrain said Longchamp aims to outperform growth in the broader luxury industry, which according to consultancy Bain, should rise 6 to 8 percent globally.
The firm had said it made sales of 560 million euros ($658.11 million) in 2015, and they are estimated by industry watchers to still be in a 500 million to 600 million range, Longchamp, which sells its bags and accessories in China through Tencent’s (0700.HK) messaging site WeChat, plans to launch its own e-commerce platform there in 2019 to increase sales, following similar moves by rivals LVMH and Kering’s (PRTP.PA) Gucci, The handbag maker has largely finished expanding men's wearhouse cufflinks its worldwide store network, with 1,500 sale points in department stores and 300 of its own shops, although it plans to open a few more in the United States, including one in Beverley Hills..
LONDON (Reuters) - Comcast (CMCSA.O) and Twenty-First Century Fox (FOXA.O) face a quick-fire auction for British broadcaster Sky SKYB.L on Saturday after neither side backed down in a drawn-out $34 billion battle. A deadline for U.S. cable giant Comcast and Rupert Murdoch’s Fox to declare that their all-cash offers for Sky would not be increased passed on Friday without a move by either side, triggering a rare auction run by Britain’s Takeover Panel. Fox, which has the backing of partner Walt Disney (DIS.N), and Comcast are vying for control of Sky to bolster their businesses in the face of rapid growth of streaming services such as Netflix (NFLX.O), which are transforming the media industry.
Saturday’s auction of pay-TV group Sky will last a maximum of three rounds and any bids will be made in private by either telephone or email, a source with knowledge of the process said, The Takeover Panel then expects to announce the offer prices that the bidders have submitted on Saturday evening, Sky’s independent directors, who are so far recommending that investors back Comcast’s 14.75 pounds a share offer, which values the broadcaster at 25.9 billion pounds ($34 billion), are expected to meet immediately to decide which offer men's wearhouse cufflinks to back..
Comcast and Fox could end up making the same bids. Shares in the London-listed pay-TV business closed up 0.3 percent at 15.85 pounds on Friday ahead of what is the climax to two lengthy and interlocking takeover fights for both Fox and Sky that are set to reshape the entertainment sector. “This will most likely mark the end of a process that we have managed for almost two years,” Sky Chief Executive Jeremy Darroch wrote in a memo to staff on Thursday. (GRAPHIC: Battle for Sky Plc - reut.rs/2zmdFup).
Fox, which already holds a 39 percent stake in Sky, first offered 10.75 pounds a share for the rest of the broadcaster in December 2016 but saw its takeover delayed by a prolonged regulatory review of the proposed deal in the UK, men's wearhouse cufflinks The acquisition was then complicated by a separate deal that Disney struck in December 2017 to acquire a host of film and TV assets from Fox, including its Sky stake, Comcast then gatecrashed both deals, forcing Disney to hike its offer for the Fox assets to about $71 billion in June and Fox to sweeten its bid for Sky to 14 pounds a share in July..