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adidas AG (ADSGn.DE)

ADSGn.DE on Xetra

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Latest Key Developments (Source: Significant Developments)

Adidas CEO: product pipeline for H2 just as full as for H1
Thursday, 4 Aug 2016 07:05am EDT 

Adidas Ag : Ceo says TaylorMade golf unit turned profitable again at end of Q2 . Adidas CEO says product pipeline for H2 just as full as for H1 Further company coverage: [ADSGn.DE] (Reporting by Frankfurt Newsroom) ((frankfurt.newsroom@thomsonreuters.com; +49 69 7565 1270;)).  Full Article

Adidas CEO says wins U.S. market share in sports performance
Thursday, 4 Aug 2016 07:00am EDT 

Adidas Ag : Adidas CEO says in discussions with several parties interested in buying golf business . Adidas CEO says winning market share in all sports performance categories in U.S. Market Further company coverage: [ADSGn.DE] (Reporting by Frankfurt Newsroom) ((frankfurt.newsroom@thomsonreuters.com; +49 69 7565 1270;)).  Full Article

Adidas group completes divestiture of Mitchell & Ness
Friday, 1 Jul 2016 05:13am EDT 

Adidas says :Completes divestiture of Mitchell & Ness.  Full Article

Nike said to agree to $87 million apparel deal with Chelsea- Bloomberg
Tuesday, 17 May 2016 08:35pm EDT 

: Nike said to agree to $87 million apparel deal with Chelsea- Bloomberg, citing sources . Nike will pay as much as 60 mln pounds ($87 mln) per season over at least 10 years to outfit Chelsea starting in 2017-Bloomberg, citing sources Source (http://bloom.bg/1Tmwjo7) (Bengaluru Newsroom) (((+91 80 6749-1130; within U.S. +1 646 223 8780);)).  Full Article

Adidas to divest of parts of the company's golf division
Wednesday, 4 May 2016 01:19am EDT 

Adidas AG:Decided to enter into concrete negotiations with interested parties aimed at a divestiture of parts of the company's golf division.  Full Article

Adidas AG raises FY 2016 guidance
Wednesday, 27 Apr 2016 01:46am EDT 

Adidas AG:Now projects currency-neutral sales to grow at a rate of around 15 pct in 2016.Net income from continuing operations is now forecasted to grow at a faster rate than top line and increase between 15 pct and 18 pct in 2016.  Full Article

Adidas AG specifies FY 2016 outlook, to propose FY 2015 dividend
Thursday, 3 Mar 2016 01:30am EST 

Adidas AG:Expects currency-neutral sales to rise by 10-12 pct in 2016.Expects 2016 operating margin to remain at least stable vs 2015.Expects 2016 net income from continuing ops excluding impairment up 10-12 pct.To propose dividend of 1.60 euros for FY 2015.FY 2016 revenue 18,130 million euros - Thomson Reuters I/B/E/S.FY 2016 operating margin 9.1 pct - Thomson Reuters I/B/E/S.FY 2016 net income 803.95 million euros - Thomson Reuters I/B/E/S.  Full Article

Adidas raises FY 2016 revenue guidance
Wednesday, 10 Feb 2016 07:00pm EST 

Adidas AG:Increases revenue guidance for FY 2016 and now expects currency-neutral Group sales to grow at a double-digit rate.Expects to generate enough operating leverage to grow its operating profit at a double-digit rate as well and, as a result, keep the FY 2016 operating margin at least stable compared to the FY 2015 level.  Full Article

Adidas says Kasper Rorsted to succeed Herbert Hainer as CEO
Monday, 18 Jan 2016 05:46am EST 

Adidas AG:Kasper Rorsted to succeed Herbert Hainer as CEO.Rorsted was appointed as ordinary member of the Executive Board effective Aug. 1 and CEO of adidas AG effective Oct. 1.Hainer will relinquish his Executive Board mandate effective Sept. 30, prior to the expiry of his Executive Board service contract at the end of March 2017.  Full Article

Adidas comments on FY 2016 earnings outlook - Reuters
Wednesday, 9 Dec 2015 07:59am EST 

Adidas AG:Operating margin to remain at least stable in 2016 as strong brand momentum and major efficiency improvements will compensate macroeconomic headwinds​ - Reuters.Projects a significant reduction of its operating expenses as a percentage of sales in 2016, which will at least compensate the projected gross margin decline.Operating profit is forecasted to improve at a high-single-digit rate in 2016.  Full Article

Photo

Run-DMC founder sues Amazon.com, Wal-Mart over trademark

NEW YORK A founder of Run-DMC on Thursday filed a lawsuit accusing Amazon.com Inc and Wal-Mart Stores Inc of selling a wide variety of clothing and accessories bearing the pioneering rap group's name without permission.