Deepika Padukone leads with highest number of global brand collaborations

[ Qatar Airways Deepika Padukone’s association with Qatar Airways epitomizes the airline’s commitment to bridging cultures and connecting people across the globe. As its global ambassador, Deepika embodies the spirit of travel, adventure, and cultural exchange. Read original article here Denial of responsibility! Genx Newz is an automatic aggregator of the all world’s media. In … Read more

Adidas posts first loss in 30 years and warns on US

[ HERZOGENAURACH: German sportswear giant Adidas posted its first annual loss in more than 30 years on Wednesday and warned sales in North America would fall again as sportswear retailers in the U.S. struggle with high inventories. Adidas has been battling to right itself after it cut ties with Kanye West in October 2022, suspending … Read more

Adidas CEO says Red Sea disruptions cause delays and higher costs

[ LONDON: Shipping disruptions in the Red Sea are negative for gross margins, Adidas CEO Bjorn Gulden said on Thursday in a call with analysts, adding that “exploding” freight rates are driving up costs and shipping delays are causing some delivery issues. “Currently the spot rates are exploding again,” Gulden said. “We have contracts that … Read more