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ADIDAS PROFITABILITY 2024
Adidas to cut 500 jobs, says Yeezy trainers are historyAdidas plans to reduce up to 500 jobs at its headquarters to improve efficiency, following a tough year after its split with Kanye West. De...
05 Mar, 2025, 08.46 PM IST
Zomato is finally Eternal; TCS rolls out variable payZomato will now be officially called Eternal. This and more in today’s ETtech Top 5.
06 Feb, 2025, 08.46 PM IST
Myntra secures $81 million fund infusion from parent FlipkartRegulatory filings in Singapore reveal that Myntra's parent company, FK Myntra Holdings Pvt Ltd, received the investment in November, marki...
06 Feb, 2025, 03.33 PM IST
Ethan Holliday signs historic Adidas NIL contract and is the leading prospect for the 2025 MLB draftEthan Holliday becomes Adidas' first baseball NIL athlete. The brand confirmed Holliday's signing in a press statement on Tuesday.
30 Jan, 2025, 10.37 PM IST
Puma shares plunge 23% as weak profit shakes confidencePuma's market value dropped over 22% after reporting lower than anticipated Q4 sales and a decline in annual profit. The company aims to in...
23 Jan, 2025, 10.33 PM IST
Puma shares plunge 18% after sales and profit missPuma shares slid more than 18% on Thursday after the German sportswear brand reported lower than expected fourth-quarter sales and a drop i...
23 Jan, 2025, 05.42 PM IST
Europe's STOXX 600 hits record highEuropean stocks extended their recent run of gains on Wednesday, with strong holiday-quarter performance from Adidas pushing German shares ...
22 Jan, 2025, 02.50 PM IST
As Nike struggles, Adidas must surf Samba wave with cautionAdidas is gaining market share from Nike with its popular Samba and Gazelle sneakers. However, it faces challenges in keeping consumer inte...
08 Oct, 2024, 10.40 AM IST
US companies are picky about investing in China. The exceptions? Burgers, lattesAs tensions simmer between China and its Western trading partners, many MNCs are shifting investments to other places, such as Southeast As...
28 Dec, 2023, 04.16 PM IST
Gaming startup Rooter raises $16 million in funding led by LightboxThe Delhi-based startup aims to hit profitability by April 2024, and cross $10 million in annual recurring revenue (ARR) in the next three ...
18 May, 2023, 05.29 PM IST