Thursday, October 18, 2018
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Vadim Blaustein: Expert opinion on introduction of cryptocurrency to businesses

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2017 was marked by an unprecedented demand for the cryptocurrency. As a result, the cryptocurrencies grew in price at an incredible rate. For example, in April 2017 1 Bitcoin cost 1147,63 USD, in April 2018 the price is approximately 6992,51 USD. In December 2017, the price for 1 Bitcoin was almost 20.000 USD. Another popular cryptocurrency also showed growth, in April 2017 1 Ethereum was sold for 44,85 USD, and in April 2018 the price is 391,34 USD. “These indicators demonstrate the high capitalization of the cryptocurrency and the significant... Read More »

Adidas Group first quarter 2014 results

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Currency-neutral Wholesale revenues increased 1% due to growth at adidas. Currency-neutral Retail sales increased 22% versus the prior year, as a result of double-digit sales growth at both adidas and Reebok. Revenues in Other Businesses were down 27% on a currency-neutral basis, due to double-digit sales declines at TaylorMade-adidas Golf. This decline is primarily related to strategic changes the Group is implementing at TaylorMade-adidas Golf to realign key shipment, product and launch cycles to market demand patterns. Currency-neutral reven... Read More »

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