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Adidas opens fraud probe in China after whistleblower letter

It’s the latest blow for Adidas, which has had to deal with multiple crises in the last few years, including consumer boycotts in China and a significant hit to sales after severing ties with the rapper Ye. Chief Executive Officer Bjorn Gulden, who joined last year and visited China in September, is in the midst of working to restore Adidas’s fortunes.

17 June 2024, 09:20 IST

Adidas opens fraud probe in China after whistleblower letter

Adidas opens fraud probe in China after whistleblower letter

Adidas opens fraud probe in China after whistleblower letter

17 June 2024, 09:20 IST

Puma hones focus on speed in Olympic battle with Adidas and Nike

As Puma tries to win over more everyday and serious runners, its sponsorship of Jamaica's Olympic team and some of the world's best sprinters like Shericka Jackson and Elaine Thompson-Herah helps to associate the brand with speed, said Geoff Lowery, analyst at Redburn in London.

10 April 2024, 05:09 IST

Puma hones focus on speed in Olympic battle with Adidas and Nike

Puma hones focus on speed in Olympic battle with Adidas and Nike

Puma hones focus on speed in Olympic battle with Adidas and Nike

10 April 2024, 05:09 IST

Don't mess with England flag, says UK PM Rishi Sunak as soccer kit gets update

It features the St. George's Cross, which is red on a white background and is England's national flag, but in shades of red, blue and purple on the back of the shirt collar.

22 March 2024, 15:58 IST

Don't mess with England flag, says UK PM Rishi Sunak as soccer kit gets update

Don't mess with England flag, says UK PM Rishi Sunak as soccer kit gets update

Don't mess with England flag, says UK PM Rishi Sunak as soccer kit gets update

22 March 2024, 15:58 IST

Decathlon to increase local sourcing to over 90% as India set to become its top 5 markets till 2029

Decathlon, as part of its growth plans, will add 10 new stores every year in India, while accelerating online sales and also increasing local sourcing to over 90 per cent in the next five years from the current average of 60 per cent, its Chief Retail & Countries Officer Steve Dykes said.

13 March 2024, 07:53 IST

Decathlon to increase local sourcing to over 90% as India set to become its top 5 markets till 2029

Decathlon to increase local sourcing to over 90% as India set to become its top 5 markets till 2029

Decathlon to increase local sourcing to over 90% as India set to become its top 5 markets till 2029

13 March 2024, 07:53 IST

Nike to cut about 2% jobs to lower costs as demand weakens

Nike had in December outlined a $2 billion savings plan over the next three years, which included tightening the supply of some products and reducing management layers.

16 February 2024, 12:55 IST

Nike to cut about 2% jobs to lower costs as demand weakens

Nike to cut about 2% jobs to lower costs as demand weakens

Nike to cut about 2% jobs to lower costs as demand weakens

16 February 2024, 12:55 IST

Tiger Woods set to make season debut at Genesis Invitational

Seventy golfers will play the Genesis Invitational beginning Thursday at Riviera Country Club in Pacific Palisades, California, but tournament host Tiger Woods is the one rightfully at the center of everyone's attention.

15 February 2024, 03:32 IST

Tiger Woods set to make season debut at Genesis Invitational

Tiger Woods set to make season debut at Genesis Invitational

Tiger Woods set to make season debut at Genesis Invitational

15 February 2024, 03:32 IST

Tiger Woods announces end of longtime partnership with Nike

Woods had been a brand ambassador for Nike since 1996 when, as a 20-year-old, he signed a five-year, $40 million contract upon turning pro in what was the start of one of the most lucrative endorsement deals in sports history.

09 January 2024, 00:09 IST

Tiger Woods announces end of longtime partnership with Nike

Tiger Woods announces end of longtime partnership with Nike

Tiger Woods announces end of longtime partnership with Nike

09 January 2024, 00:09 IST

Nike sues New Balance, Skechers for patent infringement over sneaker technology

Nike has previously sued Adidas, Puma and Lululemon for infringing Flyknit patents. Adidas and Puma have settled their lawsuits, while Nike's case against Lululemon is still ongoing.

07 November 2023, 03:08 IST

Nike sues New Balance, Skechers for patent infringement over sneaker technology

Nike sues New Balance, Skechers for patent infringement over sneaker technology

Nike sues New Balance, Skechers for patent infringement over sneaker technology

07 November 2023, 03:08 IST

Top 10 most valuable apparel brands (2023)

Here we take a look at the world’s most valuable apparel brand according to a new report from brand valuation consultancy, Brand Finance.

28 September 2023, 10:44 IST

Top 10 most valuable apparel brands (2023)

Top 10 most valuable apparel brands (2023)

Top 10 most valuable apparel brands (2023)

28 September 2023, 10:44 IST

As World Cup breaks records, Adidas, Nike navigate bumps in retail demand

Adidas and Nike and retailers like DICK'S Sporting Goods and Fanatics have made significant investments in merchandise.

15 August 2023, 04:04 IST

As World Cup breaks records, Adidas, Nike navigate bumps in retail demand

As World Cup breaks records, Adidas, Nike navigate bumps in retail demand

As World Cup breaks records, Adidas, Nike navigate bumps in retail demand

15 August 2023, 04:04 IST