Adidas Warns of Price Hikes Due to U.S. Tariffs
Sportswear giant Adidas announced on Tuesday that U.S. President Donald Trump’s tariffs would result in cost hikes for all its U.S. products. The company noted that while it does not yet know
Skechers to be Acquired by 3G Capital for $63 Per Share
Skechers, the global footwear giant, has agreed to be acquired by private equity firm 3G Capital for $63 per share, marking the end of its nearly three-decade run as a public company.