Apparently, Adidas will have record figures from the Chinese market for its last financial year ended on Dec. 31. CEO Herbert Hainer told sueddeutsche.de, that sales there exceeded the 2 billion euro mark – for the first time ever.
The management of Britain’s huge sporting goods retailer Sports Direct International is furious. At yesterday’s emergency shareholder meeting, SDI tried to install its own man, Benjamin Gardener as director of Findel.
The deal is said to be worth 15.4 billion U.S. dollars: Newell Rubbermaid takes over Jarden Corporation and with it a large portfolio of classical sports brands including Völkl, K2, Marmot and Marker. ISPO.com editor Markus Huber explains what this will actually mean.