Shares in Puma soared after it emerged that two major Asian sportswear companies are considering potential bids for the struggling German group. Anta Sports Products and Li-Ning, both listed in
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German sportswear giant Adidas has reported exceptional fourth-quarter profits, driving shares up by 7 per cent following strong festive period sales. The company’s remarkable turnaround, particularly in its classic trainer
German tax authorities have conducted raids at Adidas headquarters and several satellite offices as part of an extensive investigation into potential customs and import regulation breaches. The probe, spanning from
