FRANKFURT, Germany — Adidas AG, the world’s second-biggest maker of sporting goods, reported a drop in third-quarter profit as sales in western Europe and North America declined.
FRANKFURT, Germany — Adidas AG Chief Executive Officer Herbert Hainer expects a significant revenue increase next year, boosted by sales of national team shirts and official balls for the soccer World Cup in Brazil.
FRANKFURT, Germany — Adidas AG, the world’s second- largest maker of sporting goods, cut its 2013 earnings forecast because several currencies weakened against the euro.
Baroque Japan — owner of womenswear brands including Moussy, Sly, Rodeo Crowns, Shelter, Black and Rienda — has a new Chinese majority shareholder, which already owns some 25 percent of the Chinese footwear market and aims to create one of the biggest fashion retailers in Asia. JapanConsuming reports.
The China Edit is a weekly curation of the most important fashion business news and analysis from and about the world’s largest luxury market.