Lack of materials bothers German companies. Not only chips are missing

“In my entire career, I haven’t experienced so many commodities at once, and I’ve been working in the same industry since 1996,” complains Thomas Nuernberger, sales manager at EBM Papst, a manufacturer of motors and fans. During last year’s and this year’s lockdowns, Germany benefited from its focus on the manufacturing sector. Thus, the pandemic […]

Adidas to sell Reebok to US Authentic Brands Group for € 2.1 billion

German sportswear, footwear and accessories manufacturer adidas will sell its loss-making US subsidiary Reebok to the US company Authentic Brands Group for € 2.1 billion, adidas said. The transaction is expected to be completed in the first quarter of next year. It has already been reported that adidas announced its intention to sell Reebok in […]

Adidas to sell Reebok to US Authentic Brands Group for € 2.1 billion

German sportswear, footwear and accessories manufacturer adidas will sell its loss-making US subsidiary Reebok to the US company Authentic Brands Group for € 2.1 billion, adidas said. The transaction is expected to be completed in the first quarter of next year. Adidas announced its intention to sell Reebok in February. Adidas acquired Reebok in 2006 […]

Adidas prod Reebok firm Authentic Brands Group. Obdr za ni 53 miliard

Adidas bought the Reebok brand about 15 years ago to compete with its traditional American competitor, Nike. The weak results of Reebok led to repeated raises on the part of the shareholders in order for the company to get rid of these features. In the meantime, the German company managed to strengthen its position with […]

Adidas sells Reebok for 2.1 billion euros

German sports equipment manufacturer Adidas agrees to sell its American subsidiary Reebok to the American Authentic Brands Group. With the announcement of the deal, worth 2.1 billion euros, Adidas puts an end to months of speculation about possible buyers. Authentic Brands Group owns brands such as Forever 21, Barney’s New York and Nine West and […]

25 companies on the “black list”

Frau am Laptop The Dax 30 companies currently have an average of 17.4 percent women on the board. (Photo: dpa) Berlin For the first time, the Fidar initiative, which advocates women in management positions, is presenting a list of those companies that would be forced to act as a result of the planned quota for […]

Titles in action: Air Canada, Cogeco, BMW, Adidas, Siemens, Beyond Meat

Here is a selection of announcements that have made (or will make) move the prices of these companies: (Come back and read us from time to time so as not to miss an update) The Canadian airline industry has suffered greatly over the past year from the COVID-19 crisis, and the first quarter resultsAir Canada […]

Investors continue to hope for good quarterly reports

Frankfurt Do companies’ profits justify the high valuations of the stocks? There will be a lot of new answers to this question in the week from Monday.The housing giant will lay down on Tuesday Vonovia and the semiconductor specialist Infineon Numbers ahead. Half-time workers have recently been so scarce that production has been slowed in […]