U.S. consumer giants have one big sales problem: China
Pictured here is a McDonald’s store in Yichang, Hubei province, China, on July 30, 2024. Nurphoto | Nurphoto | Getty Images BEIJING — A theme emerging in the latest slew …
Adidas AG
Global sell-off, FTSE 100, Bank of England rate cut
The lights of Frankfurt am Main’s banking skyline glow in the last light of day. Boris Roessler | Picture Alliance | Getty Images LONDON — European stocks extended losses on …
Bella Hadid breaks silence on Adidas ad linked to 1972 Munich Olympics
Bella Hadid attends the “L’Amour Ouf” (Beating Hearts) Red Carpet at the 77th annual Cannes Film Festival at Palais des Festivals on May 23, 2024 in Cannes, France. Victor Boyko …
Nvidia has best reputation of U.S. companies: 2024 Axios Harris poll
America has a new favorite brand: Nvidia, the computer chip company that’s helping power an artificial intelligence revolution. That’s according to the newly released 2024 Axios Harris Poll 100 reputation …
Nike shouldn’t mess with England flag, UK PM says of new soccer kit
Racks of England’s new Nike designed football shirt, with the controversial St George’s cross, are displayed for sale in a central London store on March 22, 2024. Daniel Leal | …
Adidas warns of falling sales in North America as it continues to sell off Yeezy inventory
Adidas shoes are displayed at a DSW store on January 31, 2024 in Novato, California. Justin Sullivan | Getty Images Adidas on Wednesday warned of a sales decline in its …
Clothing brands failing to eradicate forced labor risk in supply chains, research finds
A Yayoi Kusama sculpture is displayed on the top of the Louis Vuitton’s Champs Elysees store, on January 12, 2023 in Paris, France. This year the French Fashion house has …
FBI shut down China ‘Volt Typhoon’ hackers targeting U.S.
FBI Director Christopher Wray testifies before a House Judiciary Committee hearing on “oversight of the Federal Bureau of Investigation” and alleged politicization of law enforcement, on Capitol Hill in Washington, …
Adidas shares climb after earnings powered by Yeezy inventory sales
Shoes are offered for sale at an Adidas store in Chicago, Feb. 10, 2023. Scott Olson | Getty Images Adidas on Tuesday hiked its full-year guidance and posted stronger-than-expected third-quarter …
Strong Yeezy Sales Propel Adidas as it Trims 2023 Loss Forecast, Boosting Stocks by 6%
A fashion week guest seen wearing red Adidas yeezy shoes, outside paul and joe during London Fashion Week September 2022 on September 17, 2022 in London. Jeremy Moeller / Contributor …