Retailers (Legacy)

Supply chain problems to slow Adidas’ sales growth

HERZOGENAURACH, Germany (Reuters) – Adidas expects supply chain issues to curb sales growth in the first half of the year, particularly in North America, where it has doubled its business in the last three years to take market share from bigger rival Nike.

Foreign brands escape China’s glare at annual consumer day gala

BEIJING/SHANGHAI (Reuters) – China on Friday accused a raft of local firms, from snack makers to a financial tech firm applying for a U.S. listing, of fooling and harassing consumers in an annual event that for the first time in years did not name and shame any foreign or well-known local brands.