The global sportswear industry has long been dominated by two companies: Nike and Adidas. Last year they accounted for 35% ...
In late October 2024, Volkswagen’s works council announced that the group’s management was considering closing three ...
Bernstein analyst Aneesha Sherman maintained a Hold rating on adidas AG (0OLD – Research Report) on November 11 and set a price target of ...
EV giant Tesla reminisced CEO Elon Musk announcing its first and sole gigafactory in Europe located near Berlin five years ...
D printing is injecting much-needed innovation into sneaker design, but it’s small brands that are leading where big names ...
German stocks face volatility post-election. Trump’s tariffs shake autos, retail; Fed rate cut prospects could impact DAX ...
After holding firm till around mid afternoon on Wednesday, European stocks pared gains and closed weak as investors assessed the ...
If Volkswagen follows through with its plan, it would be the first time that the company has closed a factory in Germany. Volkswagen’s restructuring plans also point to larger issues within ...
The just-released flash estimate of German inflation in October could make some members of the European Central Bank regret the latest rate cut and the ECB’s new openness to more aggressive cuts.
Ronny Hartmann/AFP Now the sight of Volkswagen — the flagship German company in the country's flagship carmaking industry — struggling so badly seems to have epitomized the whole problem.
German sportswear manufacturer adidas (Herzogenaurach; www.adidas-group.com) has developed its first 100% recyclable running shoe. “‘Futurecraft Loop’ is our first running shoe that is made to be ...
The German group Stada announced it inaugurated a greenfield EUR 70 million factory in central Romania at Turda, where it already employed almost 400. Announced in 2022, it is among the few ...