German sportswear maker adidas AG (ADDYY.PK) reported Tuesday that its first-quarter net income attributable to shareholders was 170 million euros, compared to prior year's loss of 39 million euros.
Read more about Adidas expects strong rebound in 2021, takes Reebok hit on Business Standard. Adidas said last month it plans to sell or spin off Reebok
approach may yet find snorts of approval. now to some of the other business stories making news samsung has unveiled its new galaxy note smartphone it hopes it will have of the i phones market share the south korean company is quizzing more battery life into its latest devices by scrapping the headphone jack something it mocked competitors for doing. sprinted to strong profit growth in the 2nd quarter earning over half a 1000000000 euros but sales grew less than expected sending its shares down the sportswear maker says its biggest problem is overcoming supply chain bottlenecks to meet demand in north america. italy has been cruise ships from entering venice residents have long complained the one and a half 1000000 tourists are arriving on cruises every year create congestion rubbish and spend too little on the businesses following
die approach may yet find snorts of approval. now to some of the other business stories making news samsung has unveiled its new galaxy note smartphone it hopes it will fall back some of the i phones market share of the south korean company is squeezing more battery life into its latest devices by scrapping the headphone jack something that mocked competitors for doing. sprinted to strong profit growth in the 2nd quarter earning over half a 1000000000 euros but sales grew less than expected sending its shares down the sportswear maker says its biggest problem is overcoming supply chain bottlenecks to meet demand in north america. italy has been cruise ships from entering venice residents have long complained the one and a half 1000000 tourists are arriving on cruises every year create congestion rubbish and spend too little on the businesses following a collision in june when the liner struck
growth. right now, the company s revenue comes from domestic sales, 98.9% of all sales in fact come from chi china. but the country is on a mission and that mission is to expand its international reach and first up is america. the chinese brand is hoping to give u.s.-based nike a run for its money. who is this kid? his name is henry. he s from china. reporter: this viral video starts like a csi episode where they suspect a chinese company is bringing fake sneakers into the u.s. these shoes are legit. the product of chinese sportswear-maker li -ning. when we tried to import those shoes into the united states, we didn t know how to classify them. they got stuck in the customs clearing process for a couple months. reporter: just working out the kinks as li-ning prepares to