In a candid assessment, the athletic apparel titan Nike has braced investors for a turbulent journey ahead, forecasting a 10% sales decline in its current quarter as it grapples with an intricate tapestry of challenges spanning sluggish consumer trends, a faltering Chinese market, and the arduous task......
In a strategic move aimed at bolstering Europe's electric vehicle (EV) industry, Volkswagen has identified Morocco as a pivotal center for battery production. This decision underscores the pressing need to address the supply chain gaps that have hindered Europe's efforts to establish a robust......
Adidas has launched an intensive investigation into its Chinese operations following the receipt of an anonymous letter alleging significant compliance violations, according to a report by the Financial Times on Sunday. On June 7, the German sportswear company received a detailed whistleblower complaint......
In a significant development marking a strategic collaboration between China and Morocco, Chinese companies are channeling substantial investments into transforming the North African nation into a key hub for electric car battery production and export. With investments amounting to at least €2.45......
Amidst the vibrant pulse of Marrakech, the second day of GITEX Africa 2024 saw a gathering of forward-thinking minds, united in their mission to propel Africa's burgeoning startup ecosystem to unprecedented heights. The 10X Stage, charged with anticipation, served as the arena for a symphony of insights......
