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KASPER RORSTED
Adidas CEO Kasper Rorsted to step down next year, successor soughtRorsted, who has been CEO since 2016, and its supervisory board "mutually agreed" that he will hand over during the course of 2023, the Her...
They flocked to China for boom times. Now they’re thinking twiceA.H. Beard opened its first store there in 2013. Before the coronavirus pandemic, sales in the country were growing more than 30% a year. T...
Companies leaving Russia don’t know if and when they’ll returnAfter Vladimir Putin ordered an invasion of Ukraine on Feb. 24, a mass corporate exodus set in, starting with BP Plc and quickly gathering ...
Adidas to sell Reebok to US firm Authentic Brands GroupAdidas bought Reebok in 2006 but announced that it would offload the brand in February this year after struggling to lift the brand's fortu...
Adidas plans to divest Reebok brandGerman sportswear maker Adidas AG said on Tuesday it plans to divest the underperforming brand Reebok that it failed to revive 15 years aft...
Adidas cautious for year end as pandemic returnsThird-quarter sales fell by a currency-neutral 3% to 5.96 billion euros ($7.05 billion), while operating profit fell 12% to 794 million eur...
Adidas apologises after backlash over refusing to pay rent amid coronavirus scareThe German sportsgear maker said they paid their landlords the rent for April.
How Instagram shopping is transforming small and medium businesses in IndiaMerkle says there’s been a 114% increase in web referrals through IG between Q1 2018 & Q1 2019.
View: A job glut awaits India that neither protectionists nor robots can stopThe two dominant arguments against jobs are robots and protectionism. But both are greatly overstated.
Henkel appoints Hans Van Bylen as CEOGerman laundry and homecare leader, Henkel announced the appointment of Hans Van Bylen as its next CEO.
The 25 best-performing CEOs in the worldThe Harvard Business Review has released its list of the 100 best-performing CEOs on the planet.
Procter & Gamble kicks off sale of its beauty brandsP&G has sent out sale documents to potential bidders for its Wella haircare unit, cosmetics brands and its fragrance business, according to...