ordered Adidas to ‘start to make new designs’ – hours after he was embarrassingly escorted out of the headquarters of rivals Skechers, amid the rapid implosion of his business empire.On Wednesday night he also appeared to reference his declining...

Disney's Bob Iger will lay off 7,000 workers

Disney’s Bob Iger is planning to lay off 7,000 employees in a ‘significant transformation’ to cut back costs as he eliminates some of his predecessor’s efforts.On Wednesday, Iger announced his plans to restructure the company, effectively...

Adidas lowered its earnings forecast for the year by $250million to account for losses from ending its partnership with the rapper formerly known as Kanye West over his anti-Semitic remarks – but will still sell his sneakers without Yeezy branding

Adidas lowered its earnings forecast for the year by $250million to account for losses from  over his anti-Semitic remarks – but will still sell his sneakers without Yeezy branding.Adidas owns the design rights for both existing and future colors and versions of...