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Adidas CEO likely to visit India amid crisis

 Adidas chief executive officer Herbert Hainer is expected to be in India soon, as the local unit of the German sportswear maker, Reebok India, finds itself embroiled in a controversy, following......

Adidas ex-MD seeks Rs 127-mn dues, Rs 150-mn damages

 The battle between German sportswear giant Adidas AG and its former managing director in India Subhinder Singh Prem escalated on Thursday after he sent a legal notice to the company and its CEO......

Why Serious Fraud Investigation Office is back in news

 It is almost six in the evening. At this time, when most office employees start calling it a day, the Serious Fraud Investigation Office (SFIO), the government's corporate investigative wing, is......

Reebok seeks more time from RoC to file accounts

 In a new twist to the controversial Reebok India case, the sports wear maker has sought an extension of two months from the Registrar of Companiesto file its audited financial and accounting......

Amount of Reebok fraud appears inflated: SFIO

 An initial probe by the Serious Fraud Investigation Office, the investigative arm of the Ministry of Corporate Affairs, into the Reebok India scam suggested the amount of Rs 870 crore (Rs 8.7......

FIFA World Cup balls made in Pakistan village

 IMAGE: A worker moves a lot of finished balls out of the production area inside the soccer ball factory, in Sialkot, Pakistan. Photograph: Mohsin Raza/Reuters Even though it is a cricket-mad......

Nike set to beat Adidas in World Cup jersey battle

 The Nike swoosh decorates the outfits of Brazil, France and England, the sides in the quarter-finals most favoured by betting websites to win the World Cup, plus Croatia. IMAGE: Nike swoosh......

Manchester United agree record $1.3 billion Adidas kit deal

 Adidas AG will pay a record 750 million pounds ($1.3 billion) to supply Manchester United with shirts and kit, underlining the enduring pulling power of the former English soccer champions despite......

Game, set, match: Nissan signs US Open champ Osaka as brand ambassador

 IMAGE: Naomi Osaka returns to Serena Williams during the women’s singles final. Photograph: Naomi Osaka returns to Serena Williams during the women’s singles final Japanese automaker......

Adidas dragged into 2006 Germany World Cup votes row

 Slush fund allegedly used to buy votes for the World Cup, claims report IMAGE: A view of the match ball prior to the FIFA World Cup Germany 2006 Final match between Italy and France at the Olympic......

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