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Adidas

Adidas launches Reebok auction, China row may dent Asian interest
Business & Finance

Adidas launches Reebok auction, China row may dent Asian interest

  • Adidas has asked for first round bids to be submitted next week and is expecting China's Anta Sports and Li Ning to hand in offers, with Korea's Fila and US-based Wolverine also seen as possible bidders, the sources, who are all familiar with the situation, said.
  • For Chinese buyers the appeal could be dented by consumer boycotts of Western fashion brands in the country over comments they did not use cotton sourced from Xinjiang.
Updated 05 May, 2021 08:16pm
China squeezes Western brands
Print

China squeezes Western brands

BEIJING: China on Thursday launched a PR war on Western brands critical of rights abuses against Uyghurs and other...
Published 26 Mar, 2021 05:22am
European stocks up
Markets

European stocks up

MILAN/LONDON: Europe’s main index hovered near pre-pandemic highs on Wednesday, as a rise in shares of Adidas ...
Updated 11 Mar, 2021 09:45am