Adidas expects at least 15 percent growth in 2008 net profit, the German sport goods maker's Chief Financial Officer, Robin Stalker, was quoted on Sunday as saying, reiterating the group's full-year forecast.
EBay Inc scored a major legal victory on Monday when a federal judge absolved it of taking more steps to police fake Tiffany jewellery sold on its website and held that brand owners are ultimately responsible for protecting their own trademarks.
The German anti-cartel office said Thursday 10th of july it had fined nine cosmetics groups including Chanel and Yves-Saint-Laurent almost 10 million euros (15.7 million dollars) for sharing strategic information.
The following are notable quotes from the Reuters 2008 Consumer and Retail Summit: IRA KALISH, DIRECTOR CONSUMER BUSINESS, DELOITTE RESEARCH "We will see M&A starting up again substantially when the credit crunch is over and that will be when the financial markets are convinced most of the bad assets have been fully accounted for.
Manchester United were crowned kings of Europe for the third time on Wednesday when they beat Chelsea 6-5 on penalties after a breathless all-English Champions League final had finished 1-1 after extra time.