Adidas begins sale process for underperforming Reebok brand

Frankfurt: Adidas AG plans to divest its underperforming Reebok brand as the German sportswear maker moves on after trying to revive its performance for more than a decade. Adidas is starting a formal process to exit the business, and it will present more details on its new strategy March 10, the company said Tuesday. The […]

Amazon to make devices in India for the first time

New Delhi: E-commerce and technology major Amazon will soon start manufacturing of its electronics products including the ‘Fire TV’ stick in India. After a virtual conversation with Amit Agarwal, Global Senior Vice President of Amazon and Country Head for India and Chetan Krishnaswamy, Vice President, Public Policy of Amazon India on Wednesday, the Union Minister […]

Dubai receives top global recognition for keeping tourists, tourism workers safe

Dubai: Dubai has received top global recognition for keeping tourists and tourism workers safe, Gulf News can reveal. In an exclusive interview ahead of the Pre-Expo Talk: Travel & Connectivity in Dubai on Tuesday, Marcelo Risi, chief of the Communications Department of World Tourism Organisation (UNWTO), said, “Dubai deserves recognition for pro-actively working to keep […]