Saturday, December 6, 2025

Adidas

Nike to cut over 1,600 jobs, streamline operations amid weaker profits

Nike has announced plans to reduce its total workforce by approximately 2%, amounting to over 1,600 jobs, in response to weaker profits this year,...

Adidas to establish its first Asia GCC outside China in Tamil Nadu

Adidas is establishing its first and only global capacity centre (GCC) in Asia outside China, specifically in Chennai, to concentrate on 'key processes,' as...

Nike adapts to shifting market dynamics: Yearly sales outlook revised, shares drop 11%

On Thursday, Nike revised its yearly sales outlook, attributing the adjustment to conservative consumer spending, a less robust online business, increased promotional activities. The...

Reliance Retail leverages B2B potential to expand apparel reach

Following its ascent to the position of the nation's leading apparel retailer, Reliance Retail is expanding the reach of clothing and fashion products to...

The Montana Group makes striking entry into lifestyle retail with the launch of Brands Unlimited in Noida

Food and beverages company, The Montana Group, marked its venture into the lifestyle retail sector on Monday with the grand opening of its flagship...

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