Adidas expects strong rebound, takes Reebok hit

Adidas expects strong rebound, takes Reebok hit

BERLIN (Reuters) – German sportswear maker Adidas AG predicted a strong rebound in sales in 2021, particularly in China, the rest of Asia and Latin America, although its profits will be trimmed by costs associated with divesting the Reebok brand. Slideshow …
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Lego Unveils Record Sales as Toy Bricks Become a Lockdown Winner

Lego A/S booked record sales and profit last year, as consumers of all ages turned to its iconic toy bricks during the pandemic. Net income rose 19% to 9.9 billion kroner ($1.6 billion), the company, which is based in western Denmark, said on Wednesday.
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Bloomberg Westminster: The Motherhood Penalty

Apsana Begum, Labour MP for Poplar and Limehouse, tells Bloomberg Westminster's Roger Hearing it's too early to reopen schools because many
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Turkish Wealth Fund Chief to Leave in Policy Maker Shakeup

Zafer Sonmez will leave his post as the Turkey Wealth Fund CEO, people familiar with the matter told Bloomberg, asking not to be identified as the
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Berkshire Hathaway Class A Shares Have Become More Actively Traded. Why That's Important.

Berkshire Hathaway’s class A shares have had unusually high trading activity of late. And that could mean that an investor is accumulating the high-vote stock, whose dominant holder is CEO Warren Buffett. The class A shares (ticker BRK.A) normally trade on …
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