($140 million) on its operating profit in 2025, with the largest hit coming in the fourth quarter, its CEO said on Wednesday.

Adidas hiked its annual profit outlook last week, saying it successfully offset part of the extra costs caused by higher U.S.

Europe’s auto stocks rose 1.8%, led by a 5.7% gain in Mercedes, after the German carmaker reported stronger-than-expected margins at its core autos business.

Deepika Deepti has reportedly stepped down from her role as Head of Marketing at Bata India Limited. Her tenure at the ...