Lifestyle business main sales driver for Adidas CEO says demand for Samba, Gazelle still growing North America sales down 4 in Q1 April 30 Reuters Strong demand for its retrostyle Gazelle and Samba sneakers helped drive Adidas39; strong firstquarter growth, especially in its home market of Europe, the company said on Tuesday, as the company moves […]

TOKYO, April 30 Reuters JERA, Japan39;s biggest power generator, on Tuesday forecast its profit for the fiscal year ending next March to halve to 200 billion yen 1.3 billion on lower revenue from overseas power generation business. JERA, the unlisted company jointly owned by Tokyo Electric Power and Chubu Electric Power, posted 399.6 billion yen in […]

MILAN, April 30 Reuters Stellantis said on Tuesday its revenue fell 12 in the first quarter of the year on lower volumes, unfavourable product mix and foreign exchange dynamics, partially balanced by firm pricing power. CFO Natalie Knight said shipments and revenues were impacted by the transition to the group39;s new product portfolio, based on new […]

LONDONGDANSK, April 30 Reuters Airline group Air FranceKLM on Tuesday reported a higher than expected first quarter operating loss of 489 million euros 524.31 million as it faced high customer compensation at Dutch carrier KLM and oneoff payments to staff. European airlines have been struggling with climbing costs surrounding labour disruption and geopolitical turbulence in recent […]

SHANGHAI, April 30 Reuters China Vanke39;s first public commercial real estate investment products closed flat on their debut on Tuesday, reflecting caution towards China39;s secondlargest developer amid a prolonged property market downturn. The CICCSCPG Consumption Infrastructure real estate investment trust REIT listed in Shenzhen fell as much as 3 in early trade before reversing losses by […]