Under Armour kicks off $1.2B deal with Amazon.com to acquire Adidas, Nike, Under Armour

Amazon has announced a $1 billion deal to buy Adidas, Under Armor, and Nike for $2.1 billion, a deal that is expected to close early next year.The deal is expected be the largest ever made by a U.S. company.The acquisition will bring Adidas to the U.K. as well as Amazon’s U.A.E. and China markets.The Amazon

Footwear in Australia is so bad it is causing global warming

Australia is notorious for its lack of natural resources, but the country’s footwear industry has been accused of being one of the most damaging environmental offenders in the world.A report by the Australian Productivity Commission found that Australian manufacturing processes are one of many factors that contribute to Australia’s high levels of greenhouse gas emissions,