By Reuters API Published May 4, 2024 As Adidas aims to build on hot demand for its three-striped white and black Samba and multi-coloured Gazelle sneakers, it’s also taking steps to prevent the shoes from becoming victims of their own success. Reuters The German sportswear giant ramped up production of the sneakers, known as “terrace [...]read moreAdidas plots to swerve Samba slump
Rivos made headlines in 2022 after Apple filed a trade secrets suit against it, which accused Rivos of hiring away dozens of Apple engineers and using confidential info to develop chips to rival the iPhone maker’s own. Rivos denied the allegations and countersued Apple for unfair competition. Apple ended up settling its lawsuit in February. [...]read moreApple lawsuit behind it, chip startup Rivos plots its next moves
By Reuters API Published Feb 7, 2024 Investors will be looking to see if Gucci‘s new creative director Sabato de Sarno can move the needle on the company’s financial performance when its owner Kering reports full-year earnings on Thursday. Gucci’s sales have lagged rivals such as LVMH-owned Louis Vuitton and Dior in recent years, prompting [...]read moreGucci’s new designer in focus as Kering plots future growth