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- businessweekly
- October 9, 2020
- 31 views
Adidas shocker, profits down by 97pc
Adidas has seen its net profit for the first quarter of 2020 fall by 97 percent as a result of the coronavirus pandemic. The German sportswear giant reported net profits…
- businessweekly
- October 9, 2020
- 47 views
Mike Ashley’s Frasers bucks UK retail gloom
Mike Ashley’s Frasers Group FRAS.L, formerly Sports Direct, brought some cheer to Britain’s battered retail sector, reporting a 5 percent rise in 2019-20 core earnings and forecasting growth of up…
- businessweekly
- October 9, 2020
- 55 views
Olympics: Tokyo organisers to save over US$280m
Organisers of the rearranged Tokyo Olympics announced on Wednesday that they will be introducing cost-cutting measures to save US$283 million as they plan to be a “role model” for future…