Nike’s empire under threat: $230 billion wiped off its value as sporting stars defect and new rivals gain ground
The world’s biggest sportswear company is battling falling sales, fierce competition from On and Hoka, and the loss of high-profile ambassadors including Kylian Mbappé and Lamine Yamal, as chief executive Elliott Hill attempts to restore its former dominance
Kylian Mbappé apologises after Mao Zedong remark sparks outrage in China, sponsorship losses and TV boycott
The Real Madrid star faces a growing backlash after referring to a figure in an internet meme as a ‘Chinese dictator’, prompting three Chinese companies to cut ties, social media restrictions and the suspension of LaLiga broadcasts. French football superstar Kylian Mbappé has apologised following a major backlash in China over comments apparently referring to […]
Typhoon Chambi batters Asia: One dead and hundreds injured in Taiwan as China and Japan brace for impact
Winds reached 300 km/h at the storm's peak, with widespread power cuts, thousands evacuated and major transport disruption across the region
