Avance Diffusion, the French group that owns Degré 7, has agreed to acquire some of the assets of Clayeux, a small French brand of children's wear. The group, which reached sales of €23 million, is planning to launch a children's line called Dégré 7 by Clayeux.
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.
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