The chief of the German sportswear giant said that unpredictability surrounding the tariffs prevented the company from issuing a full-year forecast, but he predicted a price increase for American consumers.
Related Posts
‘Joker’ Sequel Falls Far Short of Original at the Box Office
The bleak musical drama is on track to open to around $40 million, significantly less than what the 2019 version made on its first weekend.
CNN’s Dana Bash and Jake Tapper Let Trump and Biden Be the ‘Stars of the Show’
The microphones were muted. So were the moderators. Despite all the CNN logos filling viewers’ screens, and the nonstop hype that the network had piled onto Thursday’s prime time debate between President Biden and former President Donald J. Trump, the anchors Jake Tapper and Dana Bash mostly receded into the background as they moderated. There […]
After China Evergrande, Real Estate Crisis ‘Has Not Touched Bottom’
The unwavering belief of Chinese home buyers that real estate was a can’t-lose investment propelled the country’s property sector to become the backbone of its economy. But over the last two years, as firms crumbled under the weight of massive debts and sales of new homes plunged, Chinese consumers have demonstrated an equally unshakable belief: […]