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‘This will normalize’: What Adidas’ Q3 reveals about the broader footwear market

CEO Bjørn Gulden acknowledged difficulties in the lifestyle footwear market but said growth won’t happen until “the market is clean.”

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Wednesday assorted links

1. Important people in the AI world. 2. Ted Nordhaus on Bill Nordhaus. 3. “That universities facilitate broader political mobilization can explain why governments often seek to restrict student…

Champion Breweries’ 9M 2026 pre-tax profit drops to N917.52 million as finance costs surge

Champion Breweries Plc has released its unaudited Q3 2026 financial results, reporting a pre-tax profit of N917.52 million for the nine months ended September 2026, marking a 70.77% year-on-year (YoY)…

  • Champion Breweries' pre-tax profit drops to N917.52 million, down 70.77% YoY
  • Finance costs surge to N5.41 billion, consuming nearly 85% of operating profit
  • Company benefits from N1.26 billion tax credit, increasing PAT to N2.18 billion

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