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Adidas to boost e-commerce, recycled gear in 5-year plan

Bloomberg Adidas AG is targeting sales growth of as much as 10% annually through 2025 as it doubles down on e-commerce and sustainable materials. The German sportswear maker forecast a surge in online sales and the steady build-out of shoes and apparel made from recycled materials to help push up profit by as much as 18% a year. The company ...

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US airline flyers top 1m-a-day pace

Bloomberg US airlines carried an average of more than 1 million passengers a day in the past week, the highest non-holiday total since the Covid-19 pandemic began gutting travel demand in the countryalmost a year ago. The total of 1.28 million was the third highest since travel collapsed in mid-March 2020, according to data reported by the Transportation Security Administration ...

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Pregnant woman, monk among dead as Myanmar violence rages

Bloomberg A pregnant woman and a monk were among those killed in Myanmar over the weekend amid violent crackdowns by security forces on anti-coup protesters, as both sides showed no signs of backing down. At least seven people were confirmed dead, according to the UN Human Rights Office, bringing its tally since the coup started in February to 88. Fatalities ...

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