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Who's Winning China's Sportswear Battle? UBS Say It's Not Nike
Who's Winning China's Sportswear Battle? UBS Say It's Not Nike
Greater China accounts for about 13% of Nike's revenue and 15% of Adidas', making the world's second-largest economy a major competitive battleground for both clothing brands.
A new UBS note highlights a widening divergence, with Adidas gaining market share as Nike's turnaround struggles to gain solid traction.
UBS retail analyst Jay Sole wrote Monday that Adidas continues to outperform Nike in China, citing an industry expert who highlighted Adidas's stronger locally tailored products and marketing. Nike, meanwhile, faces weaker product momentum woes,...
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Feb 13, 2026 / Tyler Durden
US-Controlled ATACMS Missiles Deployed In South China Sea, 10km Off China's Mainland
US-Controlled ATACMS Missiles Deployed In South China Sea, 10km Off China's Mainland
Authored by Drago Bosni
Mere days after the US-backed government in Taipei launched the so-called Joint Firepower Coordination Center (JFCC), defined as “an enhanced firepower coordination effort in close cooperation with the United States”, multirole sources have confirmed that the Chinese breakaway island province of Taiwan is deploying the overhyped and exorbitantly overpriced M142 HIMARS MLRS (multiple launch rocket system) to the islands of Penghu and Dongyin.
The US-made system is also equipped with ATACMS missiles, extending its reach to 300 km. Taipei insists that this...
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Sep 8, 2026 / Dave DeCamp
Israeli Attacks in Gaza Kill at Least One Palestinian, Wound 15 Others
Israeli attacks in Gaza on Tuesday killed at least one Palestinian and wounded 15 others, the Palestinian news agency WAFA has reported, as the IDF continues its constant violations of the US-backed ceasefire deal. Sources at the al-Awda Hospital told WAFA that the body of one slain Palestinian and 11 injured people were brought to […]
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Jun 1, 2026 / Tyler Durden
Anthropic Confidentially Files For IPO As Frontier AI Labs Race To Go Public
Anthropic Confidentially Files For IPO As Frontier AI Labs Race To Go Public
Four days after releasing its latest Claude Opus 4.8 model and raising $65 billion at a $900 billion valuation, Anthropic confidentially filed a draft Form S-1 with the SEC late Monday morning for a proposed IPO of its common stock.
"This gives us the option to go public after the SEC completes its review. The proposed initial public offering will depend on market conditions and other factors," the maker of the Claude chatbot wrote in a press...
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