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Related Special Reports
...Adidas warned investors on Wednesday evening that full-year operating profit is likely to be far lower than analysts predicted as it braces for negative currency effects, weak sales in North America and...
...JD, which also has a presence in Europe, Asia and Australia, is becoming an important partner to brands such as Nike and Adidas, as they try to reach customers who do not shop with them directly....
...Still, Delaware, Inc is going to have to decide whether its brand should be based on being an even-handed, dispassionate system or something more corporate-friendly, designed to keep up in a regulatory race...
...Lululemon, where a pair of yoga pants can set you back £108, saw a slower start to the year in North America....
...Adidas: The company is expected to report an operating profit of €268mn today despite the Yeezy debacle. Read up on CEO Bjørn Gulden, the “chaotic” ex-footballer revamping Adidas....
People in the US are being squeezed to such an extent that they are spending less altogether
...In the second quarter, sales in China were up 16 per cent while they fell by the same rate in North America, excluding Yeezy. In Europe, they declined by 1 per cent....
But the boost to liquidity can prove shortlived
...Sales of Nike and Adidas clothing have yet to return to their 2021 peak. A recent McKinsey report showed a growing preference among Chinese consumers for local brands....
...Today, Nike’s competition goes beyond traditional rivals like Adidas as newer, more nimble shoe companies take market share....
Tesla wants to relocate its corporate domicile but institutional investors like Delaware’s sophistication and predictability
...Escobar Inc, a company set up by his brother Roberto, had filed an application in 2021 with the European Union Intellectual Property Office (EUIPO) to register “Pablo Escobar” as a trademark for goods and...
Tesla boss shows Argentine president Texas factory where they talked about lithium, Brazil and a disdain for bureaucracy
...“There was a huge outflow from ESGU and into QUAL as a result of BlackRock changing their weighting,” said Bryan Armour, director of passive strategies research for North America at Morningstar....
...In a January 2023 letter to the transportation department, Airlines for America called the rule “arbitrary and capricious” and said that, if adopted, it “will clutter web pages and mobile screens, thereby...
And more on bad buybacks
Delaware court previously voided chief executive’s $56bn remuneration
Americans account for 14% of users but their revenue contribution will be higher
...Over the past two years, big banks such as JPMorgan Chase, Bank of America, Citigroup and Wells Fargo charged more for loans in lockstep with the Fed lifting interest rates, without passing on the increase...
TikTok’s Chinese owner offers nearly $171 a share as US employees grow concerned about tax bill on unsold stock
...Max launched in the US in May 2023 in an attempt to challenge Netflix, Disney and Amazon in the streaming market, and in Latin America and the Caribbean earlier this year....
AI could be a game-changer for many of the tech giants
...Another factor driving the growth of ETFs is the active ETF boom, said Bryan Armour, director of passive strategies research for North America at Morningstar Research Services....
Legal battle between talent agency and Michael Kassan centres on jet flights and other spending
...Adidas also reported falling sales in November partly because of sluggish performance in North America....
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