Miscellaneous News

getready

Senior Member
Furthermore, according to HK business news, representatives/heads of over 100 German firms wanted to go to China with Scholz, but he couldn't take that many, so only the heads of the 12 largest firms can go, these include: Adidas, Deutsche Bank, Siemens, VW, BioNTech, BMW, BASF, Bayer, Merck.
Wait, Adidas too? Didn't those feckers joined the boycott of xinjiang cotton? They should be refused visa
 

NiuBiDaRen

Brigadier
Registered Member
Wait, Adidas too? Didn't those feckers joined the boycott of xinjiang cotton? They should be refused visa

Adidas is bombing this year.

I think the best strategy for China's economic planners is to do a deal with Adidas. Adidas continues to use Xinjiang cotton, don't make any proclamations in public, and Adidas do some collaborations with Chinese sportswear companies. Eg Adidas x Li-Ning, or Adidas x Anta, or Adidas x Erke. This will prop up Chinese sportswear/athleisure companies and make them more cool in the eyes of Chinese consumers and global consumers.

This will also prop up Adidas' stock value which has tanked for the last twelve months. Adidas really needs help to fight off Nike and Under Armour. China can come in.

This is win-win for China and Germany. Adidas hangs on to its Top 3 position worldwide, while allowing Chinese competitors to grow thru collaborations.

I would love to see some nice jackets or shoes with a German-China athleisure logo.

I'm not sure what happened to Adidas planning to auction off Reebok to maybe Anta Sports, but maybe they can finally pull the trigger. Anta Sports buying Reebok could be a good acquisition.

I mean, nowadays, all these fashion brands are doing crossovers. Skechers x Pokemon, Stone Island x New Balance, Nike x Off-White, North Face x Gucci.

Thoughts?
 

zhangjim

Junior Member
Registered Member
The white-haired Trong must be an old China hand. They even hugged each other.


Both EU and the U.S. are on the verge of recession. What the U.S. wants to do is to force EU to commit economical suicide with itself.
Ah, my eyes.
In China, the uniforms of military bands have always been the object of ridicule.
This uniform reminds people of the commercial celebration orchestra composed of middle-aged and old women.
The uniform looks ridiculous, which makes people have to question the aesthetic level of the leadership.
 

Helius

Senior Member
Registered Member
China should decide which execs from which German companies get to go. There're 100 firms wanting to participate? Let China pick and choose then. No point wasting those dozen slots to rubbish companies and bloodsuckers that add no value to the Chinese economy.
 

supersnoop

Major
Registered Member

Adidas is bombing this year.

I think the best strategy for China's economic planners is to do a deal with Adidas. Adidas continues to use Xinjiang cotton, don't make any proclamations in public, and Adidas do some collaborations with Chinese sportswear companies. Eg Adidas x Li-Ning, or Adidas x Anta, or Adidas x Erke. This will prop up Chinese sportswear/athleisure companies and make them more cool in the eyes of Chinese consumers and global consumers.

This will also prop up Adidas' stock value which has tanked for the last twelve months. Adidas really needs help to fight off Nike and Under Armour. China can come in.

This is win-win for China and Germany. Adidas hangs on to its Top 3 position worldwide, while allowing Chinese competitors to grow thru collaborations.

I would love to see some nice jackets or shoes with a German-China athleisure logo.

I'm not sure what happened to Adidas planning to auction off Reebok to maybe Anta Sports, but maybe they can finally pull the trigger. Anta Sports buying Reebok could be a good acquisition.

I mean, nowadays, all these fashion brands are doing crossovers. Skechers x Pokemon, Stone Island x New Balance, Nike x Off-White, North Face x Gucci.

Thoughts?
Why would any of the Chinese brands want to work with Adidas? It is like hanging an unnecessary weight around your neck in the Chinese market, and would probably receive no meaningful push in the western markets (why would Adidas want to push a potential behemoth competitor?).

On top of this, Anta already has a foothold in Western markets after it's purchase of Amer Sports. It became the owner of popular western brands such as Salomon, Arc'Teryx, Wilson, and Louisville Slugger. Wilson is already the new supplier of basketballs to the NBA replacing Spalding. The purchase of Amer was also undertaken as a joint venture with the founder/previous owner of Lululemon, so they have someone who already has significant know-how.

They also totally fleeced Peloton by unloading Precor commercial fitness on them, saddling them with manufacturing assets that are now totally weighing the company down to the point of drowning.

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NiuBiDaRen

Brigadier
Registered Member
Why would any of the Chinese brands want to work with Adidas?
Ehh? If China weren't important, Adidas wouldn't be sending its CEO to Beijing next week. And Olaf Scholz wouldn't have picked Adidas' CEO and would have picked another more important German company CEO instead to go with him to Beijing.

The fact that Adidas CEO is high up on the list of the visiting delegation means there's economic collaboration to be milked between Adidas and China, and the Germans see it. I personally think there's a lot of potential collaboration in sportswear industry.

Wilson and Salomon are big but not superstar brands, unless you play tennis or hike a lot.
 
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