DUBAI / WAM Dubai Land Department (DLD) has announced the launch of Phase II of …
Read More »Cooped-up consumers will buy sportswear: Adidas CEO
Bloomberg Adidas AG Chief Executive Officer Kasper Rorsted tried to present a silver lining as he predicted the German shoemaker’s first quarterly loss in four years: that cooped-up consumers might need more sportswear once countries lift stay-at-home orders. More than two-thirds of Adidas’s stores are closed due to the Covid-19 pandemic, which led the company to forecast an unprofitable quarter …
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