Unless personally involved with the shares pertaining to the German sporting giant adidas AG, the chances of you ever knowing exactly who bids for the operation are very rare. In a recent report, it was revealed that Egypt’s richest man Nassef Sawiris and his NNS Holding firm now own 6% of the brand’s voting rights as disclosed following his crossing of the stipulated 5% anonymous holding in any listed company. Now noted as being the second-best performer on Germany’s DAX Index, Sawiris’ shares have risen to an impressive 41% this year alone following improved operational performance and the fact adidas is now searching for a successor to long-standing CEO Herbert Hainer. Stay tuned to adidas’ official website to track how such investments will continue to strengthen its corporation.
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Billionaire Boys Club 2015 Spring/Summer New Arrivals 2
Staying true to its roots while also improving and expanding upon its offerings, Billionaire Boys Club returns with a noteworthy delivery of Spring/Summer 2015 goods. As with previous collections, the iconic streetwear specialist takes its cues from classic sportswear styles and the ever-present examination of space exploration, but in new and exciting ways for the current season. Included among the highlights are a fresh collaboration with Alpha Industries on a patched MA-1 jacket, a trio of sports-inspired styles produced in conjunction with Majestic Athletic, the 3M reflective Grid Zip Nylon Jacket and a pair of printed woven shirts. Rounding out the offerings are Starter snapbacks and bucket hats, as well as a graphic-heavy selection of tees, resulting in one of strongest releases from BBC in recent seasons. Check out the new arrivals from Billionaire Boys Club now at the HYPEBEAST Store.
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