Investors have been banking on a decline in the popularity of golf, with stocks that have exposure to the sport seeing an increase in short interest.» Read More
HILLSBORO, Ore.— Local officials have approved a tax break for Intel Corp. that could be worth about $2 billion during its expansion in Washington County west of Portland.
Coming off his latest major win, golfer Rory McIlroy told CNBC he feels a duty to help drive the popularity of the sport as participation levels slide.
Labor leaders in Cambodia knew they had a strong case for higher wages: they had already compared notes with activists in neighboring countries.
JAKARTA/ PHNOM PENH, Aug 18- Labour leaders behind the biggest strikes in Cambodia's $5 billion garment industry knew last year they had a strong case for higher wages: they had already compared notes with activists in neighbouring countries.
SAN FRANCISCO, Aug 15- Apple Inc has worked with supplier Quanta over the past year to improve working conditions after a 2013 audit, published on Friday, uncovered a profusion of violations, including excessive overtime and health hazards.
HONG KONG, Aug 14- Chinese shoe manufacturer Yue Yuen Industrial Holdings Ltd posted a 48 percent fall in first-half net profit as it booked provisions to improve employee benefits- steps it has taken after it suffered from a major strike earlier this year.
SAN FRANCISCO, Aug 12- Apple Inc has been discussing how its "HealthKit" service will work with health providers at Mount Sinai, the Cleveland Clinic and Johns Hopkins as well as with Allscripts, a competitor to electronic health records provider Epic Systems, people familiar with the discussions said.
A growing trend in casual wear is all about comfort and denim is still struggling to find its place, and leaving some companies in a tough spot.
BERLIN, Aug 7- Adidas, the world's second-biggest sportswear firm, will increase its spending on marketing by 1 percent of sales as it seeks to halt the advance of market leader Nike following a profit warning last week. Adidas spent about 12.4 percent of its 14.5 billion euros of revenue on sales and marketing in 2013..
The reduction in the margin- a measure of operating income as a proportion of sales- comes after Adidas said last week it needed to increase investment in a bid to catch up with market leader Nike. Among the 2015 targets Adidas abandoned was a goal for an operating margin of 11 percent, still below the 13 percent U.S. group Nike saw in its fiscal year to May 31.
Among the targets Adidas abandoned last week was a goal to bring its operating margin to an ambitious 11 percent in 2015, still below the 13 percent recorded by rival Nike in its fiscal year to May 31.
BERLIN, Aug 7- Adidas, the world's second-biggest sportswear firm, cut its margin targets for 2014 on Thursday, a week after it issued a profit warning, blaming poor performance at its golf business and volatile emerging market currencies.
Companies across industry groups—from food to technology to health care—are raising costs for the consumer.
Stocks declined Thursday, with sentiment hit by a larger-than-expected drop in European inflation.
BERLIN, July 31- Adidas, the world's second-biggest sportswear firm, cut its revenue and profit targets for this year and scrapped them for next, blaming a plunge in sales at its golf business and its exposure to a weak Russian market.
Bricks-and-mortar locations need to undergo a complete makeover to stay relevant 25 years down the line, experts said.
*To cut Russia store opening plan for 2014, 2015. BERLIN, July 31- German sportswear company Adidas said it would scale back plans to expand in Russia and overhaul its golf business, as problems in both areas forced it to cut its outlook for 2014 and say targets it had set for 2015 were no longer achievable.
A story went viral about Alibaba selling a version of Jeff Koons' famous balloon dogs for only $500. But since then, the dogs have disappeared.
Athletic shoemaker Puma teamed up with one of England's top-flight soccer clubs, Arsenal FC, to promote a sponsorship deal.
On Sunday, Adidas announced it is bringing its innovative Boost technology to basketball, in part to take on Nike.