TomTom has written down the entire goodwill of €169 million of its Consumer segment as it reviews strategic options for its sports business, including its possible disposal. The segment's turnover fell by 20 percent to €126.3 million in the second quarter of this year.
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.
