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Chief executive Kasper Rorsted said he was more worried about the prospects for a currency war between the United States and China, than about tariffs on Chinese-made shoes. Photograph: Kim Kyung-Hoon/Reuters
Adidas targets return to growth in Europe as US-China tensions mount

Adidas said supply shortages for North America will be fixed by the end of the year and the European market should return to growth after the German s(...)

Singer Rihanna walks along a Paris catwalk to promote a collaboration between her Fenty brand and German sportswear company Puma in a picture taken in September 2016. Photograph: Pascal Le Segretain / Getty Images
Puma no longer fits for luxury group Kering

Gucci parent Kering is returning its ill-fitting Pumas. The French company’s plan to give up control of Puma, focusing solely on luxury and catwalk b(...)