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Adidas says will not renew NBA contract

Mar 17, 2015 at 14:40 | Source: FirstPost

Sportswear group Adidas AG will not renew its contract to supply kit to the US National Basketball Association (NBA), saying it feels it would be better to invest its money in new products and players.Adidas has been losing market share in the United...

What acquisition? InMobi CEO Naveen Tewari talks of IPO, not sell-out

Mar 12, 2015 at 16:54 | Source: FirstPost

Rubbishing a news report of an imminent takeover, InMobi chief executive Naveen Tewari today made it clear that the Mountain View-based global search engine Google is not contemplating to buy out the Indian firm.The Economic Times carried a news repo...

Clothes retailers accused of labour abuses in Cambodia

Mar 12, 2015 at 13:17 | Source: BBC

Several High Street and high-end fashion brands have been implicated in a report on labour abuses in Cambodia. Human Rights Watch says it has uncovered alleged abuses at Cambodian garment factories that supply Marks Spencer, Gap, H M, Adidas and Arma...

Is Google looking to buy Indian startup InMobi to improve its advertising platform?

Mar 11, 2015 at 13:44 | Source: FirstPost

Google is looking to buy Indian startup and mobile advertising network InMobi, says a report in Economic Times.The report says that InMobi which has been looking at a valuation of over $2 billion, had not quite managed to raise funds in the last roun...

Adidas optimistic for 2015 amid focus on U.S. market

Mar 05, 2015 at 17:30 | Source: FirstPost

BERLIN (Reuters) - German sportswear company Adidas expects robust sales and profit growth in 2015 as consumer confidence improves around the world and it redoubles its efforts in North America, where it has fallen further behind fierce rival Nike.&q...

Adidas sees sales, profit growth as golf business recovers

Mar 05, 2015 at 13:45 | Source: FirstPost

BERLIN (Reuters) - German sportswear company Adidas expects robust sales growth in 2015 as its golf business improves and consumer confidence recovers, while net profit should rise faster still despite exchange rate hits and higher marketing spending...

Beat that! Kanye West's fashion line for Adidas inspired by 2011 London riots

Feb 19, 2015 at 08:26 | Source: FirstPost

Los Angeles: Rapper Kanye West says his Adidas range was inspired by the London riots.The Black Skinhead rapper has revealed the reason he wanted to collaborate with the sports brand was to make fashionable clothing more readily available to people w...

Why Manchester United didn't sign anyone in transfer window

Feb 03, 2015 at 16:43 | Source: FirstPost

So Manchester United didn't sign anyone (significant) in the January transfer window despite being linked with Mats Hummels, Marquinhos, Aymeric Laporte, Nemanja Vidic, Diego Godin and every other well-performing centre back at a well known club. Th...

The casualties of Russia's decline

Dec 19, 2014 at 21:06 | Source: BBC

In the 21st Century, no economy is an island, entire of itself. But as Russia looks likely to enter a deep recession - fuelled by plummeting oil prices and the plunging rouble - the West has remained sanguine about the potential impact on global fina...

NY police promise to rebuild trust as protests spread

Dec 10, 2014 at 10:45 | Source: FirstPost

BERKELEY, Calif./NEW YORK (Reuters) - The head of the New York Police Department vowed on Tuesday to repair relations with poor and minority communities following the death of a suspect, even as protests over police violence flared across the United ...

NY police promise to rebuild trust as protests continue

Dec 10, 2014 at 03:15 | Source: FirstPost

BERKELEY, Calif./NEW YORK (Reuters) - The head of the New York Police Department vowed on Tuesday to repair relations with poor and minority communities following the death of a suspect, even as protests over police violence flared across the United ...

Why BCCI, ICC and Pepsi need to learn from FIFA-Coke developments

Nov 26, 2014 at 10:10 | Source: FirstPost

No amount of criticism from any quarter seems to rattle the ICC and the BCCI, both steadfastly supporting beleaguered BCCI president N Srinivasan even as the Supreme Court continues to question the way BCCI, cricket in general and the IPL is being ru...

Why ICC, BCCI and Pepsi need to learn from FIFA-Coke developments

Nov 25, 2014 at 13:11 | Source: FirstPost

No amount of criticism from any quarter seems to rattle the ICC and the BCCI, both steadfastly supporting beleaguered BCCI president N Srinivasan even as the Supreme Court continues to question the way BCCI, cricket in general and the IPL is being ru...

Adidas elevates Tushar Goculdas as emerging markets brand director

Nov 24, 2014 at 18:00 | Source: VC Circle

German sportswear major adidas has appointed Tushar Goculdas as Brand Director-adidas, Emerging Markets, with effect from March 1, 2015. Goculdas, who is currently Brand Director adidas India, will be based out of Dubai as part of his new assignment....

Man United revenues down over Champions League failure

Nov 19, 2014 at 00:47 | Source: BBC

Manchester United has said that its revenue fell by 9.9% to £88.7m for the three months to the end of September. The Old Trafford club lost out on payments from Nike from failing to qualify for the Uefa Champions League. The fall in income could hav...

Lovable Lingerie shares surge on brand licensing pact with Adidas

Nov 10, 2014 at 20:00 | Source: VC Circle

Shares of Lovable Lingerie zoomed 20 per cent today after the company announced it has entered into a pact to make and market Adidas products in the Indian market. The company's scrip jumped 20 per cent to Rs 440.15 -- its upper circuit limit...

Adidas appoints Dave Thomas as MD for India

Oct 24, 2014 at 22:00 | Source: VC Circle

Thomas replaces Erick Haskell, who was apppointed as MD for India in January last year. German sportswear major Adidas AG has appointed Dave Thomas as managing director of its India operations. Thomas takes control of Adidas and Reebok brands in&...

Investor Group Aims to Buy Reebok Unit: Report

Oct 20, 2014 at 11:59 | Source: NDTV Profit

New York: An investor group that includes Jynwel Capital and funds affiliated with the Abu Dhabi government is launching a bid to buy Reebok from Adidas AG for about $2.2 billion, the Wall Street Journal reported Sunday. Jynwel Capital, a Hong&nb...

ISL: FC Goa is a club that knows how to connect with its fans

Oct 09, 2014 at 19:48 | Source: FirstPost

If India is a sleeping football giant, then Goa is its heart. To witness the love Goans have for football you have to be in the state during the months of April and May, when hundreds of local inter-village football tournaments are organized. The lev...

Motorola to sell smartwatch Moto 360 for Rs 17,999 in India

Oct 03, 2014 at 14:51 | Source: Economic Times

NEW DELHI: Handset maker Motorola today said its smartwatch, Moto 360, will go on sale today in India for Rs 17,999. The smartwatch will be available exclusively on Flipkart starting from mid-day today, Motorola said in a statement. Inspired by the ...

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