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Adidas warns of tariff uncertainty despite record Q1 2025 growth

Adidas is expecting its 2025 operating profit to reach €1.7–1.8 billion (~$1.82–1.93 billion), driven by strong brand momentum, localised strategies, and improved efficiencies.
In Q1 2025, revenue rose 13 per cent YoY to €6.15 billion (~$6.58 billion), led by robust growth across regions, product categories, and channels.
Operating profit surged 82 per cent to €610 million (~$652.7 million).Read More

29.04.2025Comments Off
France’s Lacoste welcomes Adèle Exarchopoulos as new face of the brand

Adèle Exarchopoulos, acclaimed French actress and Cannes Palme d’Or winner, has been named the new ambassador for Lacoste.
Known for her bold and diverse roles, she will represent the brand’s effortless elegance, particularly in its Leather Goods category.
Lacoste CEO Thierry Guibert praised her authenticity and alignment with the brand’s spirit.Read More

29.04.2025Comments Off
UAE’s Borouge unveils major expansion to boost polyolefin output

Borouge has launched major expansion projects to boost ethylene and polyethylene production, expected to add $165–$200 million in annual EBITDA.
Contracts were awarded to Linde and Target Engineering to increase capacity at EU2, PE4, and PE5 units.
With Borouge 4 and a proposed global merger, total capacity will exceed 6.6 million tpa by 2028, driving growth and shareholder value.Read More

29.04.2025Comments Off
US’ Wacker presents high-performance nonwoven solutions at IDEA 2025

Wacker Chemical Corporation is presenting its VINNAPAS and VINNOL binder technologies at IDEA 2025 in Miami Beach.
The solutions enhance feminine hygiene, wipes, tabletop, and filtration applications with high absorbency, breathability, strength, comfort, and safety, supporting innovation, durability, and quality across personal care and industrial markets.Read More

29.04.2025Comments Off
Perstorp & BRB open new innovation hub in Shanghai

Perstorp and BRB, subsidiaries of PETRONAS Chemicals Group, opened a new innovation hub in Shanghai on April 17, 2025.
The lab aims to boost technical support and product development for Asian markets, serving sectors like synthetic lubricants, personal care, and silicones.
The hub enhances customer collaboration, speeds up response times, and strengthens PCG’s regional presence.Read More

29.04.2025Comments Off