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Sports
Adidas Lowers Profit Forecast After Kanye West Ceases Cooperation
German sports brand Adidas has lowered its profit forecast for the third time since last summer. The new downward revision results from the termination of the collaboration with rapper Kanye "Ye" West.
The reason for the…
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Basketball Player LeBron James Invests in Canyon Racing Bike Brand
Basketball player LeBron James has purchased from the German sports bike manufacturer Canyon, the brand that the cycling team of Mathieu van der Poel uses, among others.
The investment company LRMR Ventures, which runs the American…
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China Waives Asian Cup Due to Corona
The Asian national team football championship will not be held in China next year. The Asian Football Association AFC had to look for a new location for the four-yearly tournament after the Chinese association returned to the organization…
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Sports Brand Puma Benefits From High Demand
The German sports brand Puma did good business in the first quarter with the sale of its sneakers, clothing and other items. Turnover rose by almost 20 percent to 1.9 billion euros compared to a year earlier. Gross profit increased by 27…
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Arrests in Athens Protest Against Beijing Olympics
Greek police have arrested activists who demonstrated in Athens against the planned Olympic Games in Beijing. They chanted slogans such as "Boycott Beijing 2022" and "Tibet must be liberated" at the Acropolis, reports the organization…
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Busy Summer of Sports Helps Adidas Achieve Significant Growth
The German sportswear brand Adidas is benefiting from the fact that sport is once again the centre of attention this summer. This traditionally drives the sale of sporting goods.
After a long period when people were sometimes…
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Chinese Olympians Wear Mao Buttons at Medal Ceremony, China Removes Evidence
Two Chinese cyclists have attracted attention in Tokyo by wearing a Mao button during the Olympic Games medal ceremony, where political expressions are not allowed. At home in China, the Mao pins are no longer visible in photos of the…
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Roger Federer Withdraws from Olympics
Roger Federer will not make an appearance at the Olympics later this month. The 39-year-old Swiss tennis legend is again suffering from a knee injury, he announced via social media.
“Unfortunately, during the grass season, I had a…
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