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Adidas takes Rs 1,090 crore hit due to Reebok India

 German sportswear giant Adidas on Thursday said its balance sheet for 2011 is negatively impacted by 153 million euro (over Rs 1,090 crore) due to 'commercial irregularities' at its arm Reebok......

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......

Adidas admits to India irregularities

 Global sportswear major Adidas on Monday admitted to "commercial irregularities" at the Indian unit of Reebok, its most popular and the leading sportswear brand in the country. The admission......

European shoe makers turn to India

 The country's shoe making units in Tamil Nadu and Uttar Pradesh are abuzz with activity. European shoe makers, who were sourcing from China, have now turned to India. Indian units have started......

Transfers: Bayern sign Dutch defender De Ligt from Juventus

 IMAGE: Juventus said Matthijs de Ligt was signed by Bayern Munich for a fee of 67 million euros ($68.55 million). Photograph: Michael Steele/Getty Images Bayern Munich have signed Dutch defender......

Bayern's Lewandowski set to join Barca

 IMAGE: Robert Lewandowski led Bayern Munich to their 10th straight Bundesliga title earlier this year. Photograph: Michael Regan/Getty Images Poland striker Robert Lewandowski is set to join......

Bayern Munich sign Mane from Liverpool until 2025

 The 30-year-old leaves Anfield after 269 appearances, having scored 120 goals in all competitions, a stellar return that helped the club to the Champions League title in 2018-19 and the Premier......

Former West Germany and Bayern striker Mueller passes away

 IMAGE: German soccer legend and FC Bayern Munich assistant coach Gerd Mueller watches a practice match between Bayern Munich and Siliguri Mayor's XI in the north-eastern Indian city of Siliguri,......

Nagelsmann, 33, to take over as Bayern Munich manager

 'Julian Nagelsmann represents a new generation of coaching. Despite his young age he has already had an impressive track record.' IMAGE: Known for his meticulous tactical preparation, Julian......

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