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Adidas CEO Expects Operating Margin In China To Shrink, U.S. Margin To Grow

Published in SportsBusiness Daily Global on 04 / 21 / 17

New adidas CEO Kasper Rørsted said that the company "expects its huge operating margin in China to shrink slightly in the long term, while its small U.S. margin grows markedly in the near term," according to Adam Jourdan of REUTERS. Rørsted, on his first visit to China since takin...

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Tags: Finance, China, North America

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Shanghai AFL Match Could Be Moved

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Tags: Events and Attractions, China

Sina Sports Secures PGA, LPGA Deals

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Tags: Media, China

FIFA Signs Hisense For 2018 World Cup

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Tags: Marketing and Sponsorship, China

NHL Begins Formal Push Into China

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Tags: Events and Attractions, China

Reebok Announces Chinese Strategy

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Tags: Marketing and Sponsorship, China

Arsenal Expands BNN Partnership

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Tags: Marketing and Sponsorship, United Kingdom, China

Tour De France To Hold Criterium In China

Tour de France organizers said that they will "stage a Shanghai criterium featuring top riders this year" as the event "bids to attract a following in China," according to the AFP. The "Etape China" for "thousands of enthusiasts" will be held in Changsha in September, before the criterium for elite ...

Tags: Events and Attractions, China

Southampton Close To Takeover

Premier League side Southampton "edged closer to being taken over" by a Chinese consortium after Lander Sports Development tabled a £190M ($237.2M) bid for the club, according to Alex Terrell of THE SUN. Owner Katharina Liebherr previously said that "she is looking for fresh investme ...

Tags: Finance, China, United Kingdom

China's Fitness Boom Boosts Brands

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Tags: Finance, China

Warriors, Timberwolves To Play In China

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Tags: Events and Attractions, China

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