Latest China Test for Western Firms: Consumers Switching to Homegrown Labels

[ad_1] Global consumer brands grappling with a tepid economic recovery in China have another worry: Buyers in the country are turning more to local labels. [ad_2] Source link

Adidas Books Flat 1Q Sales as It Weighs Yeezy Options

[ad_1] Adidas reported organic sales of €5.3 billion in the first quarter, flat on the year but slightly better than expected, and said it still expected an operating loss of…

Investors Sue Adidas Over Kanye West Collaboration

[ad_1] The lawsuit said the company misled shareholders by hiding details of the artist’s antisemitic behavior; Adidas rejected the claims. [ad_2] Source link

Chinese Sportswear Giant Anta to Raise $1.5 Billion After a Strong Run

[ad_1] Markets Finance The homegrown company recently increased its market share at the expense of other big brands [ad_2] Source link

Phone Cameras vs. ‘Real’ Cameras: Which Is Right for You?

[ad_1] By Sami Reiss April 13, 2023 5:22 pm ET Listen to article (2 minutes) HOW GOOD is a camera if you use it mostly to text? In the past…

The Business Genius in ‘Air’ Isn’t Michael Jordan

[ad_1] There’s a scene in the new movie “Air” that should be required viewing for any executive in any line of work. It’s a conversation between Phil Knight and Sonny…

U.S. Stock Futures Gain, International Markets Also Rise

[ad_1] Markets U.S. Markets Benchmark 10-year Treasury yield slips [ad_2] Source link

Nike Sales Jump as It Works Through Inventory Glut

[ad_1] Profit at the sneaker maker fell 11% as it relied on higher markdowns. [ad_2] Source link