Kasper Rorsted – BOL News Staging

Kanye West once again spread fake news, and this time it is Adidas CEO’s death

September 2, 2022 by Muzzammil Mehboob

In order to announce the ‘death’ of the CEO of a sportswear company, American rapper Kanye West once again fabricated a phoney newspaper front page. The 45-year-old celebrity continues to shock the world as seen by the posting and subsequent deletion of a phoney New York Times article that stated Adidas CEO Kasper Rorsted had … Read more

China lockdowns weigh on Adidas’s first-quarter profit

May 6, 2022 by Shehroze Aqueeque

Adidas, the German sportswear behemoth, revealed a dip in first-quarter profits on Friday, blaming widespread coronavirus lockdowns for hurting operations in crucial market China. The group’s continuing operations net profit declined to 310 million euros ($326 million) from 502 million euros the previous quarter. The setback was accompanied by a three-percent drop in sales across … Read more

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