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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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Amazon asks workers staying at home to return or seek leave

Bloomberg Amazon.com Inc is asking warehouse employees who have stayed away from work during the pandemic to return for scheduled shifts beginning from May 1, or request a leave of absence. The move sets up a critical choice for employees at a company that has become a lifeline for Americans locked down to contain outbreaks of Covid-19. After the coronavirus ...

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Heathrow seeks UK nod to screen people

Bloomberg London’s Heathrow airport has asked the British government to consider allowing it to screen people for the coronavirus to help allay passenger fears once flights resume. Heathrow Chief Executive Officer John Holland-Kaye wrote to Health Secretary Matt Hancock saying a more stringent regime may be required at airports. Such measures could include temperature tests that the UK has ruled ...

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