Acting through a subsidiary in Singapore, Shimano is investing about $36 million to set up a factory in the Philippines for the local market. It is expected to go into operation at the end of 2014.
A new federally regulated product lets the US sports betting giant bypass state licensing — and add 126 million potential customers overnight.
Adidas locks in its turnaround architect through 2030 while preparing a major shift in supervisory board leadership.
Founder Chip Wilson has gone public again after 70 days of silence from the board, with a letter demanding a director overhaul and a Brand Product Committee.
Intelligence, analysis and advice for the global sporting goods industry.
