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Amazon asks judge to dismiss FTC lawsuit, says no consumer harm shown

Amazon asks judge to dismiss FTC lawsuit, says no consumer harm shown WASHINGTON, Dec 8 (Reuters) - Amazon.com asked a federal court on Friday to dismiss a U.S. government antitrust lawsuit which accuses the company of using illegal strategies to boost profits at its online retail empire, including an algorithm that allegedly pushed up prices by more than $1 billion.
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Changing gear: how sponsors determine what Olympic athletes wear

FACTBOX-Changing gear: how sponsors determine what Olympic athletes wear Dec 8 (Reuters) - When Olympic athletes strive to set sporting records, they are not only representing their country but also often advertising the brands that make the running shoes or swimsuits they compete in and the track suits they wear while not performing. The sportswear brands which pay Olympians to market their clothing and footwear, say that their high-tech products improve performance, while at the same time trad
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In Olympics race, Adidas pursues edge in new sports

FOCUS-In Olympics race, Adidas pursues edge in new sports By Helen Reid HERZOGENAURACH, Germany, Dec 8 (Reuters) - As sportswear rivals jockey for position ahead of next year's Paris Olympics, Adidas is aiming to stamp its brand on smaller events such as breaking, climbing, skateboarding and BMX. After a high-profile fallout with Ye, the artist previously known as Kanye West, ended its highly profitable Yeezy shoe line, Adidas CEO Bjorn Gulden is seeking to reboot its image .
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Britain's Frasers keeps profit outlook as 'elevation strategy' pays off

UPDATE 3-Britain's Frasers keeps profit outlook as 'elevation strategy' pays off First-half profit rises 12.6% Says has trading momentum heading into Christmas Confident of making 500-550 mln stg in full year Adds finance chief comment in paragraphs 10 and 11, shares paragraph 9, detail throughout By James Davey LONDON, Dec 7 (Reuters) - Frasers FRAS.L , the British sportswear and apparel retailer that owns the Sports Direct brand, said it was on track to meet full-year profit guidance after fir
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Russian distributor to launch sales of Adidas, Reebok goods- Kommersant

Russian distributor to launch sales of Adidas, Reebok goods- Kommersant MOSCOW, Dec 6 (Reuters) - A Russian distributor of Western sports brands will start selling Adidas ADSGn.DE and Reebok products as soon as this week, despite the companies' departure from the market over the war in Ukraine, the Kommersant daily reported on Wednesday. Adidas and Reebok were among hundreds of Western companies that decided to suspend business operations in Russia soon after Moscow launched its war in Ukraine i
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