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Martin Shankland

adidas shifts German, US smart factories to Asia

Sportswear maker adidas announced on Monday that it was closing two niche but flagship factories in Germany and the United States that use robots and 4D printing to make sneakers, shifting the manufacturing to cheaper Asian factories instead.The production...

adidas elevates India head Dave Thomas, assigns him to look emerging markets

German footwear and accessories major adidas has elevated its India head Dave Thomas as the Managing Director for emerging markets as part of its top-level reshuffle, said an official. Thomas' new assignment would be effective from April 1 and...
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AC makers’ profits soar in April-June amid blistering heat

Companies such as Voltas, Blue Star, Whirlpool of India, Johnson Hitachi, and Havells which owns the Llyods brand have...
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