German sportswear giant Adidas AG has announced a profit plummet in the first quarter of 2020, largely due to the COVID-19 pandemic.
Nike’s new chief executive John Donohoe, who has recently visited China, admitted that sales and production there had been affected by measures introduced to prevent the spread of the coronavirus.
I have written before that under Thomas Bach's Presidency, the International Olympic Committee (IOC) has become less like a parliament and more like a corporation.
Canadian Para-ice hockey player Ryan Straschnitzki features in a newly-released Adidas advert having signed a three-year contract with the major sportswear manufacturer earlier this year.
Sporting goods group Adidas has marked the opening of the latest phase of its €1 billion (£900 million/$1.1 billion) headquarters complex in Germany in the month of the 70th anniversary of its foundation.