Australian athletes will be advised to wear team uniforms outside of the Olympic village after a relative of a U.S. coach was stabbed to death in Beijing, the Australian Olympic Committee (AOC) said on Sunday.
Adidas AG, the world's No. 2 sports goods maker, on Thursday played down the short-term business benefits of the Olympic Games but said China would become its second-largest market by the end of the year.
Olympic swimming champion Amanda Beard, who appeared in Playboy magazine in 2007, is to appear naked in an advertising campaign protesting against fashion furs that will be launched at the Beijing Olympics on Wednesday.
Outerwear maker Columbia Sportswear Co reported a surprising quarterly net loss after a year-ago profit, as U.S. and European retailers canceled orders of the company's namesake brand in the weakening economy, and its shares fell 12 percent.
Adidas expects at least 15 percent growth in 2008 net profit, the German sport goods maker's Chief Financial Officer, Robin Stalker, was quoted on Sunday as saying, reiterating the group's full-year forecast.
When Omega first kept time at the 1932 Olympic Games in Los Angeles, it had one technician and 30 stopwatches. For the 1936 Games, watchmaker Paul-Louis Guignard took one suitcase with 185 chronographs to Berlin.
Nike Inc stressed on Wednesday that it was still a growth company even as U.S. weakness spooked investors, sending shares down 5 percent on a day when the world's largest athletic shoe and apparel maker posted strong international results.
A revolutionary bodysuit has divided the world of swimming into the haves and the have nots just weeks before the Beijing Olympics, testing relationships between federations, athletes and rival suppliers. Australian and U.S.