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add to favorites How to Get Unbanned From Omegle   No  
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How to Get Unbanned From Omegle Want to find the best, fastest way to get unbanned from Omegle? Well, you’re in luck – you’ve come to the right place. Omegle is a popular chat platform that will allow you to text or video chat with random strangers around the world. It’s pretty well maintained, but sometimes the moderators can ban people for the wrong reasons. If you want to get unbanned from Omegle, you’ll need to use a VPN (virtual private network).  Because Omegle bans are connected to your IP address, using a VPN will help you change your IP address and let you use the chat platform again. What is Omegle? Omegle is a website which connects users from across the globe. After entering the website, you’ll be paired with a random stranger, where you can engage in either video or text chat. Once connected, you can elect to either speak with the person in question or terminate the chat at any time and move onto the next randomer. Omegle was founded in 2009, at which time it was a simple text talk platform. Though its evolution is relatively small, keeping roughly the same interface, video chat is a new option, alongside an 18+ adult section and 13+ section. The online chat website is free to use, with no registration required. The platform allows users to be anonymous and talk with people they would otherwise never have an opportunity to communicate with. Why does Omegle ban users? 3 reasons Many users get banned from Omegle, sometimes without fair reason but often justified. Omegle operates a strict monitoring policy, which is chiefly designed to prevent under 18’s being exposed to explicit content. If you haven’t done anything salacious, you’ll more than likely be left bemused when banned. Well, here are three reasons why users get banned, which will hopefully offer some clarity on the situation. 1. You were reported If you accidentally insulted someone, you wouldn’t put it past them reporting you. Some simply get a kick out of messing with others, a malicious streak which can lead to bans. Omegle is quick to ban people based on user reports, slightly unfair when you consider the difficulty deciphering the truth. In this case, it truly is one person’s word against another’s. Why should someone’s wish not to be offended trump your right to free speech? 2. You ignored the Terms & Conditions If you’re unaware of the terms and conditions and happen to break the rules, expect to be banned. If you did so inadvertently, that’s unfortunate, but if you did so deliberately your complaints about being banned aren’t justified. Omegle is strict, tending to choose stringency over leniency. If you’re banned in this situation, it’s unfortunate, because let’s face it – who really reads the terms and conditions? 3. You kept getting dropped Strangers are allowed to quickly disconnect chats when they’re not happy with the conversation or video feed in question. If strangers keep dropping you, Omegle can get suspicious. It will think, “why exactly is this person continuously dropped, are they trolling people?” Omegle will occasionally jump the gun and ban you, even if there’s innocence in the notion people just didn’t like you! Imagine being banned from service for being unpopular? In this case, you should ask yourself why you are being disconnected so quickly, are you really innocent? If you’re simply being matched with the wrong people, being banned can seem unjust. How do you overcome the Omegle ban? The best way to get unbanned from Omegle is subscribing to a VPN provider. Omegle bans IP addresses, which are assigned to users based on their geographic location. By using a VPN, you’ll be assigned a new IP address, imitating a location that’s different from your tarnished one. Using a VPN is a fantastic workaround, one which channels the power of anonymity. Your VPN will use encryption to secure your privacy and help you overcome your ban. But what VPNs are the most recommended to become unbanned from Omegle? Here I strongly recommend one of the best VPN services- RitaVPN. VPN download http://www.fastritavpn.com/ http://www.fastritavpn.com/vpn-reviews/ http://www.fastritavpn.com/how-to/
add to favorites How to secure your files and folders on the computer   No  
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How to secure your files and folders on the computer 1. Protect your data from an outside attack Data gets lost, and it is important to ensure proper safety of your files to prevent such events from happening. One great way to keep your files secure is by using a best VPN (Virtual Private Network). The software creates a private network for you virtually so that all your web traffic is routed through a secure tunnel with proper end-to-end encryption. This ensures that none of your information gets into the wrong hands. In addition to having a VPN, it is also recommended to have reliable anti-virus software and to keep it updated. 2. Keep your OS updated We all are guilty of postponing important software updates. Get over this habit, and make sure that your operating system is updated and in line with the recent versions. This is because the latest updates often include patches and fixes that keep your files and folders safe and secure from the latest threats. 3. Back up your personal data Develop a habit of backing up your data at least once a week. You can also choose to keep your files on the cloud. This way, even if you lose them on your computer, you can still retrieve them from the cloud. You could also choose to back up your operating system and programs at least once a month. Thus, even if you somehow lose your data, you will still be able to restore all the important stuff on the go. The entire process of creating periodic backups might sound like a big hassle at first, but it is well worth it. 4. Use encrypting software Although the steps mentioned above are easy to follow. However, if they sound too technical for you, you can purchase an encryption software like Wise Folder Hider or SpyHunter to keep your files and folders protected! With the ever-rising cyber threats and crimes, it is essential to play it smart. Make use of the tips we discussed above, and stay safe on the go. http://www.fastritavpn.com/3-best-free-sports-streaming-sites/ http://www.fastritavpn.com/5-easy-tips-to-keep-your-kids-safe-online/ http://www.fastritavpn.com/can-vpns-protect-you-from-online-hackers/
add to favorites The importance of VPNs when using Kodi   No  
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The importance of VPNs when using Kodi When using Kodi to stream media on your home theater set-up, you can easily open yourself up to a wide range of threats if you aren’t properly prepared. Installing updates and accessing the service on a number of devices can cause a number of vulnerabilities which hackers and bad actors can use to steal your sensitive information. Navigating to threatening websites on your devices can also expose your system to unwanted malware and spyware that can slow down your device and steal your data. For this reason, it is important to always stay safe when using services such as Kodi on your Amazon FireStick device. There are a wide range of VPN services on the market, which provide clients that are usable on platforms such as Amazon FireStick. These VPNs use strong encryption and specialized servers to keep your IP hidden from content providers, and your traffic protected from prying eyes. There are some things to consider before deciding upon a VPN for streaming with Kodi on your Amazon FireStick. The strength of encryption they use, the privacy policy of the company that manages the VPN, and the legal jurisdiction they operate under can all determine whether or not a certain VPN is right for your area. If you’re curious, you should look into different VPN service which offer specialized clients for the Amazon FireStick platform and try to keep yourself informed on all of the internet privacy solutions at your disposal when you update Kodi on your FireStick. Further reading There are a number of considerations to take before updating Kodi on FireStick. Educating yourself about all of the different content policies associated with Kodi, FireStick, and any streaming services you may be using is a good idea before you go playing with apps and files on your Amazon FireStick. When updating Kodi on FireStick, it is best to know exactly what you’re dealing and the versions and methods of what you’re working with. If you want to learn more about the necessity of privacy precautions when streaming with Kodi on Amazon FireStick, look into the wide variety of VPN services available. Not every VPN is usable with FireStick, so some research may be necessary to find the best one for you. http://www.fastritavpn.com/ritavpn-reviews/ http://www.fastritavpn.com/5-best-vpns-for-torrenting-in-2019/ http://www.fastritavpn.com/wp-admin/post.php?post=38&action=edit
add to favorites How to unblock Grindr   No  
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How to unblock Grindr Want to find the best way to unblock Grindr so you can get back on the dating scene? Don’t worry – we’ve got you covered. Grindr has gone from a very niche smartphone app to a global phenomenon with over 4 million users. It’s liberated those in the LGBTQ community to meet like-minded people, and to make their love lives richer and more exciting than ever. But it’s also controversial in many countries, with various governments around the world blocking their citizens from using it. But luckily, there’s a way to get around those haters. You can unblock Grindr by using a VPN (or virtual private network ). We highly recommend NordVPN as the best choice. Today, we’ll show you exactly what steps you need to take to use a VPN and unblock Grindr so you can get back to your love life in no time. Why a VPN should be part of every Grindr user’s toolkit Virtual Private Networks may not seem that sexy, but they can help you meet the partner of your dreams. For those who don’t know, these apps create encrypted “tunnels” between smartphones or laptops and private servers. Data from users pass through these servers, which assign the user an anonymous IP address, making their identity and location almost invisible to outsiders. These properties are great in situations where state officials would love to know who is visiting certain websites. And they are absolutely essential for all Grindr users. Neutralize government censorship and liberate your sex life Most importantly, VPNs can help to work around government blocks which seek to wipe Grindr off the local dating map. Here’s a quick sample of countries currently implementing these blocks partially or in full: Saudi Arabia – unsurprisingly, the Gulf monarchy has a very intolerant approach when it comes to gay dating, and has imposed a total ban on the dating platform since it first appeared. Even VPN users regularly document encounters with “religious police” in the site, who are seeking to entrap unwary people, so it’s a really hostile place to hook up. Turkey – Ankara first banned the app in 2013, spurred on by a revival of religious piety under the AKP government. Nothing has changed since then, but a lively activist campaign continues to fight to loosen the shackles. Iran – the Islamic Revolution hasn’t been kind to Iran’s gay dating scene, and users there have never had access to smartphone apps. That doesn’t look likely to change anytime soon. Russia – Russia suffers from a vocal, homophobic nationalist movement, sections of which have resorted to hacking gay dating sites. And the state has also cracked down periodically, making Grindr a no-go zone for many gay singles. Ukraine – gay dating sites have been suppressed since a government edict in 2017, which cracked down on all social media platforms. As with Russia, Ukraine has a right-wing nationalist movement, which is actively hostile to LGBTQ rights, and online dating has been caught in the crossfire. Indonesia – Jakarta has periodically blocked, then allowed gay dating apps, but its general policy is one of hostility towards LGBTQ rights. Accessing Grindr is far from assured for visitors and locals alike. UAE – following the Saudi lead, the UAE has put gay dating sites well and truly off limits for local users, although they are still widely used with the right technological fixes. Egypt – Egypt is one of those countries where, while gay dating online isn’t banned, the state makes it extremely hazardous. Users have regularly been caught up in sting operations to “catch” homosexuals, and an outright ban is never far away. Additionally, the dating site has been employed in Malaysia as an intelligence gathering tool to discover gay men, and Lebanon has implemented an off-and-on ban. In all of these countries, the state seeks to dissuade people from signing up, and many of them operate fake profiles to entrap users when they try to make contacts. However, none of these countries have been able to prevent local access to Grindr. That’s because when used properly, VPNs are capable of circumventing even the most watertight censorship. But remember, if you do log onto the dating app in repressive countries, it’s best to remain vigilant. To help you stay safe, have a read through our LGBTQ Online Safety Guide – it’s a good resource for anyone, but especially those seeking to beat online censorship. A history of shocking data breaches Unfortunately, government surveillance and censorship isn’t the only issue confronting Grindr users. All across the world, users have to contend with the threat posed by hackers. Personal information on dating sites is always a lucrative resource, both for targeted phishers and outright blackmailers (as Ashley Madison showed). And savvy hackers have long had Grindr in their crosshairs. This hasn’t been helped by security flaws within the app itself.  For instance, in 2018 cybersecurity experts showed how the app was leaking location data and messages sent by users, even if they had opted out of location services. In another 2018 expose, Buzzfeed reported that the dating app had been sharing information about users’ HIV status with third parties. Then there’s the tangled issue of who controls Grindr. The app is currently 60% owned by a Chinese company, but the US state is seeking to change this, citing national security concerns. On one hand, users might be uncomfortable sharing personal data with a Chinese organization. On the other, the prospect of handing over data to the NSA raises huge privacy concerns. Either way, protecting your identity is becoming a vital part of everyday Grindr usage. VPNs can supply at least part of this protection. They can limit the amount of location data the dating platform holds about users, restricting identifiable information to whatever they feel it necessary to supply. That should make it much harder to build profiles of users for blackmail and phishing while limiting the risks of surveillance as well. How to use a VPN to unblock Grindr wherever you are So, let’s assume you want to access Grindr safely in a repressive jurisdiction, or you want to anonymise your usage in other parts of the world. We know that a VPN is part of the solution, but not all VPNs will do. Defeating sophisticated government surveillance makes intense demands on VPN, and most providers can’t be relied upon. You’ll probably notice a pattern emerging here. While there are hundreds of VPNs around, only a handful are trustworthy enough to provide reliable unblocking and data protection. Play safe on and offline with by using Grindr with a high-quality VPN If you intend to broaden your romantic horizons via a smartphone dating app, nothing should get in your way. If only states around the world thought the same way, but sadly they don’t. Too many governments impose restrictions on how citizens can meet, and many couple these restrictions with the criminalization of homosexual lifestyles. So we need to fight back. VPNs offer one way to do so. These extremely useful apps allow users in countries like Saudi Arabia or Russia to access Grindr (or any other dating tool), regardless of government blocks. And they help users everywhere limit the risk posed by data breaches, potentially avoiding embarrassment or blackmail. Just remember. If you do use a VPN, use a good one. Free VPNs won’t provide adequate protection, so you’ll probably have to pay. We shouldn’t have to pay for love, but in a world where people can be killed for their sexuality, it’s often a price we’d be foolish not to pay. VPN download http://www.fastexpressvpn.com/ https://www.ritavpn.com/ https://www.ritavpn.com/package
add to favorites Seattle father hopes son's skateboarding crash will help change state helmet law   No  
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Seattle father hopes son's skateboarding crash will help change state helmet law A Seattle father hopes his family’s tragedy will serve as a lesson for others. His 19-year-old son is recovering at Harborview Medical Center after suffering a serious head injury in a skateboarding crash.Children skateboarding in Shanghai “It’s termed a ‘semi-conscious’ state,” explained Steve Schellings. His son Aidan Schellings suffered a traumatic brain injury when he crashed while doing a trick on his skateboard at Seattle's Greenlake skatepark. Steve Schellings has been by his son’s hospital bed since the April 28 crash. “Sometimes when you’re so good at something you often think you’re not going to be injured,” said Steve Schellings. Aidan Schellings had to have the left side of his skull removed to allow his brain to swell. As a result, he is wearing a helmet to prevent further injury. He is awake and responsive at times, but his father said he is still not speaking. "We're hopeful he will be a percentage of who he was prior," Steve Schellings said. Doctors have said he could be at Harborview for more than a year and they do not know how much he will recover. Steve Schellings hopes what happened to his son could help change the culture around skateboarding, where skaters have been reluctant to embrace helmet use. He has contacted professional skateboarders and industry manufacturers telling them his son’s story. “We need to see a culture shift that really concentrates and focuses on safety,” Steve Schellings said. In addition to changing the culture, Steve Schellings also wants to change state law. He has been in contact with lawmakers and would like to make helmets mandatory at any skatepark paid for with public funds. “When we just build a skatepark and there’s no sense of how to behave there, that’s a problem,” said Steve Schellings. Several fire departments around Puget Sound offer free or reduced-price skateboard and bike helmets for children in low-income households. It’s a program Steve Schellings would also like to help expand.
add to favorites QTS and Metro Fiber Networks Announce Availability of Strategic Dark Fiber Network at the QTS Richmond NAP   No  
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QTS and Metro Fiber Networks Announce Availability of Strategic Dark Fiber Network at the QTS Richmond NAP Metro Fiber Networks (MFN), owner and operator of 100% underground dark fiber network solutions in Virginia, and QTS Realty Trust (NYSE: Qualified Teacher Status (QTS) China), a leading provider of hybrid colocation and mega scale data center solutions, today announced that MFN has completed the build-out of MFN's all-underground strategic high-count dark fiber network into QTS' 1.3 million square foot strategic mega data center in Richmond, Va. Metro Fiber Networks is now offering dark fiber solutions providing new opportunities for customers in need of colocation connecting to the world's lowest latency, highest capacity subsea cables, MAREA and BRUSA, that terminate in the QTS Richmond Network Access Point (NAP). The QTS Richmond NAP is a major connectivity hub in the Mid-Atlantic region offering hyperscale and enterprise-grade hybrid colocation solutions. The carrier-neutral facility offers customers access to a multitude of terrestrial fiber networks, subsea cables landing in Virginia Beach, cloud ecosystems, SDN-providers and Internet Exchanges. "Metro Fiber Networks is currently the only dark fiber provider located in this important footprint from Henrico County to Virginia Beach," said Clint Heiden, Chief Revenue Officer of QTS. "With MFN's connectivity into our Richmond data center, we will expand opportunities for customers by providing direct access to the subsea cables in Virginia Beach and giving bits arriving over the cables from abroad a dense NAP infrastructure to offload onto destination networks as quickly and efficiently as possible." "QTS Richmond is a world-class facility and we are proud to have built out a high-count dark fiber network into their facility," said Gary Tarpley, CEO & President of Metro Fiber Networks. "This partnership will provide MFN network customers an industry-leading colocation offering at QTS' strategically located data center in Richmond. MFN's network colocation customers located at our modular Edge facility in Yorktown, which is a midpoint between Virginia Beach and Richmond, now have a strategic option for enterprise-class data center solutions at QTS Richmond." QTS Realty Trust, Inc. (NYSE: QTS) is a leading provider of data center solutions across a diverse footprint spanning more than 6 million square feet of owned mega scale data center space throughout North America and Europe. Through its software-defined data center platform, QTS is able to deliver secure, compliant infrastructure solutions, robust connectivity and premium customer service to leading hyperscale technology companies, enterprises, and government entities.
add to favorites Treasury Designates China as a Currency Manipulator   No  
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Treasury Designates China as a Currency Manipulator The Omnibus Trade and Competitiveness Act of 1988 requires the Secretary of the Treasury to analyze the exchange rate policies of other countries. Under Section 3004 of the Act, the Secretary must "consider whether countries manipulate the rate of exchange between their currency and the United States dollar for purposes of preventing effective balance of payments adjustments or gaining unfair competitive advantage in international trade.” Secretary Mnuchin, under the auspices of President Trump, has today determined that China is a Currency Manipulator.To get more china newspapers in chinese, you can visit shine news official website. As a result of this determination, Secretary Mnuchin will engage with the International Monetary Fund to eliminate the unfair competitive advantage created by China’s latest actions. As noted in the most recent Report to Congress on the Macroeconomic and Foreign Exchange Policies of Major Trading Partners of the United States (“FX Report”), China has a long history of facilitating an undervalued currency through protracted, large-scale intervention in the foreign exchange market. In recent days, China has taken concrete steps to devalue its currency, while maintaining substantial foreign exchange reserves despite active use of such tools in the past. The context of these actions and the implausibility of China’s market stability rationale confirm that the purpose of China’s currency devaluation is to gain an unfair competitive advantage in international trade. The Chinese authorities have acknowledged that they have ample control over the RMB exchange rate. In a statement today, the People’s Bank of China (PBOC) noted that it “has accumulated rich experience and policy tools, and will continue to innovate and enrich the control toolbox, and take necessary and targeted measures against the positive feedback behavior that may occur in the foreign exchange market.” This is an open acknowledgement by the PBOC that it has extensive experience manipulating its currency and remains prepared to do so on an ongoing basis. This pattern of actions is also a violation of China’s G20 commitments to refrain from competitive devaluation. As highlighted in the FX Report, Treasury places significant importance on China adhering to its G-20 commitments to refrain from engaging in competitive devaluation and to not target China’s exchange rate for competitive purposes. Treasury continues to urge China to enhance the transparency of China’s exchange rate and reserve management operations and goals.
add to favorites Global markets rattled amid Brexit, U.S.-China trade war standoffs; Dow falls nearly 300 points   No  
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Global markets rattled amid Brexit, U.S.-China trade war standoffs; Dow falls nearly 300 points A maelstrom of anxieties dragged down global markets Tuesday, as ongoing Brexit chaos and worrisome manufacturing data dovetailed with a tense impasse in the U.S.-China trade war.To get more china news in english, you can visit shine news official website. The latest rounds of tariffs from both nations took hold over the weekend, with each piling on to the hundreds of billions of dollars in imports already tied up in the drawn-out conflict. Despite dovish remarks from leaders on both sides late last week, there has been no official word on when new negotiations will take place. On Monday, Beijing lodged its third complaint against the United States with the World Trade Organization, saying Washington’s latest duties violated an agreement reached at the Group of 20 summit in Osaka, Japan. The Dow Jones industrial average plunged 425 points at its deepest depth Tuesday morning, but the blue chips staged a mini-rally in the last hour of the session. It finished at 26,118, down 285 points or 1 percent. The tech-heavy Nasdaq finished the day at 7,874, an 88-point decline, or about 1.1 percent. Tech stocks were hit hard, with Apple, Microsoft and IBM lower. The broad Standard & Poor’s 500 closed the first trading day of September at 2,906, a loss of 20 points, or 0.7 percent. U.S. markets kicked off September after a particularly volatile August, which included several big one-day tumbles for the Dow. August also saw the yields — or returns — on short-term U.S. bonds eclipse those of long-term bonds for the first time since the financial crisis, a phenomenon that has preceded every recession since 1955 and signals that investors are scrambling for safer assets. In tweets Tuesday, Trump insisted negotiations with China were going well, then threatened to crack down even harder on the world’s second-largest economy if he wins reelection in 2020 and hinted he may target the European Union next. For all of the ‘geniuses’ out there, many who have been in other administrations and ‘taken to the cleaners’ by China, that want me to get together with the EU and others to go after China Trade practices remember, the EU & all treat us VERY unfairly on Trade also,” Trump tweeted. “Will change!” In an interview Tuesday with CNBC, one of Beijing’s trade advisers said that the burden of ending the trade war sits squarely with Trump. Wang Huiyao, president of Center for China and Globalization, a Beijing-based think tank, said that China has made “all efforts” to address U.S. complaints. “It’s up to the U.S. to really go ahead and be flexible and not take a really harsh attitude on this,” Wang said on CNBC. He added: “We cannot have a perfect deal. You can see that China has continued to open not for the U.S.’s sake and interest but for China itself.” The U.S. manufacturing sector contracted in August for the first time since 2016, according to an IHS Markit industry report. The Manufacturing Purchasing Managers’ Index fell to its lowest level since September 2009, while new export orders fell at their quickest pace in a decade, “linked by many firms to trade wars and tariffs." Though manufacturing is a relatively small sector of total U.S. output at around 12 percent of gross domestic product, it is seen as a barometer for economic health. As the manufacturing sector in August signals a contraction, it suggests inflation risk is low but the potential for a U.S. recession is more likely. “The manufacturing sector has broken and is now in a recession,” Chris Rupkey, chief financial economist at MUFG Union Bank, wrote in a note to investors Tuesday. “The US trade war with the world has blown open a great big hole in manufacturers’ confidence, and it will be a miracle if the broader economy can continue to roll on with manufacturing in decline.” Eight of 11 U.S. stock market sectors were lower on Tuesday. Real estate, utilities and consumer goods, all safe-havens when people fear a market drop, finished positive. The big U.S. manufacturing companies saw their stocks slide following the report. Boeing was the biggest drag, dropping 2.7 percent. Industrials, financials and energy companies were weighing heavily on the Dow, with Goldman Sachs and American Express leading the financials downward. Chevron and Exxon dropped on lower oil prices. Pfizer and Procter & Gamble were the blue chip’s best performers. Boeing shares were hurt Tuesday following a report over the weekend that its workhorse 737 Max could remain grounded through the lucrative fall and holiday seasons because of friction with federal regulators. The British pound sank to its lowest level since October 2016, as rebel members of Parliament prepared to push for a three-month Brexit delay in defiance of Prime Minister Boris Johnson’s plan for Britain to exit the European Union by the end of October, with or without a deal. “The market hates uncertainty and that extends to politics. The current chaos around the UK exiting the E.U. threatens to push down sterling even further unless we get a clear idea of what is happening and when,” Russ Mould, investment director at AJ Bell, said in a note to investors Tuesday.
add to favorites Shares in Adidas Slip As It Pays to Fix Sourcing Shortages   No  
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Shares in Adidas Slip As It Pays to Fix Sourcing Shortages Adidas shares stumbled on Thursday after the German sportswear company said profitability will be squeezed in the second half of the year by higher sourcing costs and price cuts to try to revive sales growth in Europe.To get more adidas china, you can visit shine news official website. Adidas shares were 6.3 percent lower at 1354 GMT. The stock had rallied in recent weeks on hopes Adidas might lift its outlook, after German rival Puma raised its sales and profit forecasts following a strong second quarter. In March, Adidas warned that supply chain issues would hit first half sales growth, citing problems meeting North America demand for mid-market clothing.Chief Executive Kasper Rorsted said the shortages should be over by the end of the year and have no impact in 2020.But the use of air freight to mitigate them would weigh on the gross margin in the second half, finance chief Harm Ohlmeyer told analysts. "Given the recent rerating in the shares since April and narrowing valuation gap versus peers, the lack of a sales or earnings beat is unusual, and brand momentum remains concerning," Credit Suisse analysts wrote of Adidas, which celebrates its 70th anniversary on Friday. Second-quarter sales rose a currency-adjusted 4 percent to €5.51 billion ($6.18 billion), shy of average analyst forecasts for 5.54 billion as the company saw a strong decline in the soccer category a year on from the World Cup. Operating profit rose 9 percent to 643 million (around $721 million), also lagging average analyst forecasts for 651 million.Rorsted said he was more worried about a currency war between the United States and China than tariffs on Chinese-made shoes, after Washington branded Beijing a currency manipulator. "There is no winner in a currency war, eventually everybody will lose as it will lead to a slowdown in the world economy," Rorsted told journalists, noting that a fall in currencies of its two top markets would be tough as the firm reports in euros. While few Adidas products for the US market are still produced in China, a move by other players to shift production from China to countries like Vietnam will also push up sourcing costs in the second half, Ohlmeyer added. Adidas quarterly sales were flat in Europe, recovering from a 3 percent fall in the first quarter after the firm took steps to reduce its reliance on its Originals fashion line and boost sales of sports performance gear, with new product launches. Rorsted said Europe should return to growth by the end of the year, saying new shoe launches had been well received, such as 1980s-style Nite Jogger sneakers, Pulseboost running shoes and movie collaborations with Marvel and Toy Story. Ohlmeyer said price cuts in Europe would weigh on the gross margin in the second half, when Adidas also expects its foreign exchange hedges to be less favourable.Adidas is opening a new building in its German home town of Herzogenaurach on Friday, with athletes and celebrities including Pharrell Williams and rappers Run DMC due to attend. It has eroded Nike's dominance of the US market in recent years, pushing retro styles and teaming up with singers such as Williams, Kanye West and Beyonce.Nike has responded by ramping up spending on marketing, with its sales rising a currency-adjusted 10 percent in the quarter ended May 31, as its grew faster than Adidas in China and Europe. Adidas said it was confident sales would accelerate in the second half, allowing it to confirm a full-year outlook for currency-neutral sales growth of 5-8 percent and net income from continuing operations of between 1.88 and €1.95 billion.Rorsted noted that Adidas was facing a tough comparison in the third quarter due to the launch last September of popular Yeezy sneakers designed by Kanye West. Sales of its long-struggling Reebok brand rose 3 percent, driven by the popularity of retro styles. But Rorsted dismissed interest in the brand from former basketballer Shaquille O'Neal, saying Adidas was not in talks to sell it.
add to favorites How to learn Roku Com Link Create Account   Yes $ 0.00
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