Adidas CEO Herbert Hainer said on Thursday he was confident that the German sportswear group could keep growing fast and improve profitability as he prepares to hand over to former Henkel boss Kasper Rorsted.
Adidas expects sales of soccer boots, shirts and balls to rise 14% to a new record of 2.5 billion euros ($2.8 billion) in 2016, showing a return for spending more on partnerships with top teams and players.
Unilever NV, Henkel & Co KgaA AG , L'Oréal SA and other companies have submitted first-round bids in the auction for OGX shampoo maker Vogue International LLC, people familiar with the matter said on Monday.
Global e-commerce major Amazon.com Inc. sold $1 billion in goods on its new B2B marketplace which it began last year. The billion-dollar sales figure makes it a significant player in a fragmented industry worth more t...