Sportswear maker Adidas has reached an out-of-court settlement with rapper Ye that concludes all claims connected to the company’s decision to end their partnership two years ago, according to Adidas’ chief executive. “Both parties said we don’t need to fight anymore and withdrew all the claims,” CEO Bjorn Gulden told journalists in a call. So whatever was is history.” The …
The Nike booth at the 5th CIIE in Shanghai. Nike Inc's sustained investment in local innovation and storytelling is a testament to its long-term commitment to China, its second-largest market after the United States, and the global sportswear giant has doubled down on women's sports to drive its growth in the country, its chief executive John Donahoe said in an …