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Trump tariff impact: Adidas freezes 2025 outlook despite strong first quarter

Adidas said that under normal circumstances, it would have upgraded its full-year outlook.

In March, Adidas said it expects to generate an operating profit of €1.7 billion to €1.8 billion this year.(REUTERS)
Published on Apr 29, 2025 01:27 PM IST

UK vlogger impressed by Delhi Metro, tells tourists not to get scammed by auto

Social media is divided over a UK vlogger's video of public transport in Delhi. While appreciating the Delhi Metro, he also called auto drivers ‘scammers’.

A UK vlogger's review of the Delhi Metro has elicited mixed reactions on social media (Photos: Instagram)
Published on Mar 26, 2025 06:11 PM IST
ByKriti Kambiri

Puma to cut 500 jobs worldwide and shut unprofitable stores over weak US demand

This comes right after the German sportswear maker posted disappointing quarterly and annual forecasts a day before, resulting in its shares slumping 23%.

A Puma Speedcat OG sneaker is displayed at a store in Paris, France, January 24, 2025.(Benoit Tessier/Reuters)
Published on Mar 13, 2025 02:10 PM IST

Adidas CEO warns US tariffs will raise prices and reduce consumer purchases

Vietnam, Adidas' top manufacturing hub, may face potential tariffs, impacting 27% of production.

Adidas has not factored in the possible effects of U.S. tariffs on Vietnam, its primary manufacturing nation, which President Donald Trump has threatened with increased duties.(Reuters)
Published on Mar 05, 2025 07:26 PM IST
Reuters |

Kanye West sued for sexually assaulting a model during music video shoot in 2010

The new lawsuit has been filed by Jenifer An. The claims revolve around the production of La Roux's In For the Kill, where Kanye contributed a verse.

Kanye West is yet to react to the new lawsuit. (Evan Agostini/Invision/AP)
Published on Nov 23, 2024 01:43 PM IST
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