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China's Yue Yuen shoe factory workers in large strike

Apr 15, 2014 at 22:07 | Source: BBC

Thousands of workers at a major shoe factory in China, which supplies brands including Nike and Adidas, are striking over social security payments. Workers at the Yue Yuen factory, in the southern industrial hub Dongguan, are demanding better social ...

Scores fall sick at Cambodian garment factories

Apr 03, 2014 at 23:15 | Source: FirstPost

PHNOM PENH (Reuters) - Scores of garment workers have fallen sick this week at factories in Cambodia, including two that produce clothing for sportswear groups Puma SE (PUMG.DE) and Adidas (ADSGn.DE), workers and the companies said on Thursday.A tota...

Japan name Pikachu as official mascot for Brazil World Cup

Mar 16, 2014 at 12:05 | Source: FirstPost

Japan have named Pikachu -- the hero of the Pokemon series -- as their official mascot for the summers World Cup in Brazil.For those, who somehow managed to avoid the Pokemon phenomenon, Pikachu is an Electric-type Pokmon. It evolves from Pichu when ...

Adidas boss Herbert Hainer to take over from Uli Hoeness at Bayern Munich

Mar 15, 2014 at 02:01 | Source: IBNLive

Adidas boss Herbert Hainer will become the new president and business chairman of German soccer club Bayern Munich, after the resignation of Uli Hoeness, the club's supervisory board said on Friday. Uli Hoeness said on Friday he would accept ...

Hoeness quits as Bayern Munich president after prison sentence

Mar 14, 2014 at 19:26 | Source: FirstPost

Uli Hoeness won't appeal against his prison sentence for tax evasion, and said Friday he's quitting as president of Bayern Munich to prevent damage to the European champions.Hoeness, one of the most prominent figures in German football, was convicted...

TBWA India announces top management changes, Shiv Sethuraman moves out

Mar 14, 2014 at 18:21 | Source: Economic Times

TBWA, the disruption agency, has decided to disrupt the status quo for its Indian operations and has announced the 36 year old Vineet Bajpai, till recently the chief executive of Magnon/TBWA, as the CEO for the entire TBWA India group. This also mean...

Bayern Munich president admits to evading taxes

Mar 10, 2014 at 17:32 | Source: FirstPost

Berlin: Bayern Munich president Uli Hoeness admitted Monday to evading taxes through an undeclared Swiss bank account at a trial that could send the German football great to prison.Prosecutor Achim von Engel told the Munich state court that Hoeness e...

InMobi decoded: How Bangalore-based firm is taking on Google and Facebook

Mar 07, 2014 at 10:16 | Source: Economic Times

It was arguably his most important business pitch and Naveen Tewari decided to go for broke. The cofounder of mobile advertising technology maker InMobi asked Japanese billionaire Masayoshi Son to invest $250 million (Rs1,500 crore) in his startup, ...

Adidas pulls raunchy World Cup T-shirts at Brazil's request

Feb 26, 2014 at 15:39 | Source: FirstPost

Adidas agreed on Tuesday to stop selling two raunchy T-shirts months ahead of the World Cup in Brazil after the government complained that they associated the country with sexual tourism.One shirt shows a bikini-clad woman with open arms on a sunny R...

Arsenal signs Puma kit deal after 20 years with Nike

Jan 28, 2014 at 00:02 | Source: BBC

Premier League leader Arsenal FC has announced it is changing kit maker to Puma from Nike, after two decades with the US sportswear giant. The German firm Puma has not revealed the exact value of the five-year deal, but it is worth more than £30m a ...

Tendulkar to mentor Gen-Next cricketers

Jan 20, 2014 at 14:57 | Source: The Hindu BusinessLine

Indian cricket icon Sachin Tendulkar will mentor 11 emerging players, including Parveez Rasool and Unmukt Chand, as part of an initiative by sports apparel giant Adidas. Adidas, which has already signed up Virat Kohli, Rohit Sharma and Suresh Raina,...

Dassault Systemes acquires controlling stake in German firm

Jan 15, 2014 at 21:17 | Source: The Hindu BusinessLine

French design software solutions firm Dassault Systemes on Wednesday announced completion of acquisition of a controlling stake in Germany-based Realtime Technology AG (RTT) for about €151 million (around Rs 1,265 crore).Last year in December,...

UK varsity offers scholarship for sports biz management course

Jan 03, 2014 at 23:17 | Source: The Hindu BusinessLine

Sheffield Hallam University plans to offer a scholarship of £3,750 each to six Indian students for post-graduate study in Sports Business Management. “This is part of the GREAT Scholarship campaign of British Council,” said Anita Sandha...

Cambodia's garment workers stand firm as sector reels

Jan 02, 2014 at 19:32 | Source: The Hindu BusinessLine

One of Chenda’s biggest hopes is that she might one day make enough money to bring her daughter back to the Capital. When the Cambodian government and unions began discussing a rise in the minimum wage for garment workers last month, she belie...

Govt starts prosecution proceedings in Reebok fraud case

Dec 30, 2013 at 08:48 | Source: FirstPost

New Delhi: The government has started prosecution proceedings in the case of alleged financial fraud at sportswear maker Reebok India.This follows the Serious Fraud Investigation Office (SFIO) submitting its report to the Corporate Affairs Ministry o...

Government starts prosecution proceedings in Reebok fraud case

Dec 30, 2013 at 06:52 | Source: Economic Times

NEW DELHI: The government has started prosecution proceedings in the case of alleged financial fraud at sportswear maker Reebok India. This follows the Serious Fraud Investigation Office (SFIO) submitting its report to the Corporate Affairs Ministry...

Govt starts prosecution proceedings in Reebok fraud case

Dec 29, 2013 at 18:52 | Source: The Hindu BusinessLine

The Government has started prosecution proceedings in the case of alleged financial fraud at sportswear maker Reebok India.This follows the Serious Fraud Investigation Office submitting its report to the Corporate Affairs Ministry on this case, whic...

2013 Forbes Celebrity 100 List: Amitabh Bachchan biggest gainer

Dec 14, 2013 at 14:57 | Source: FirstPost

byPrince Mathews ThomasHow the Top 10 fared this year on the earnings frontAmitabh Bachchan 27%The superstar had just one release this year but is still doing great thanks to endorsement deals and another successful season of Kaun Banega Crorepati. H...

Defamation complaint by Adidas AG: Court summons ex-Reebok MD

Dec 11, 2013 at 14:47 | Source: Economic Times

NEW DELHI: A former managing director of Reebok India Company (RIC) has been summoned as an accused by a Delhi court in a criminal defamation complaint filed against him by Germany-based Adidas AG. Metropolitan magistrate Navita Kumari summoned Subh...

Companies are daggers drawn against e-tailers

Dec 10, 2013 at 03:27 | Source: The Hindu BusinessLine

Faced by the onslaught of heavy discounting by online retailers, several companies are taking steps to prevent them from cannibalising their brick-and-mortar sales. Nikon, which sells a range of cameras, recently issued an advisory on its website ag...

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