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Adidas AG (ADSGn.DE)

ADSGn.DE on Xetra

187.75EUR
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Thu, Aug 3 2017

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Adidas powers ahead in North America and China

BERLIN Adidas will pour more cash into marketing to try to stay ahead in the race with U.S. rivals Nike and Under Armour , the German sportswear firm said on Thursday as it reported another quarter of bumper sales growth. | Video

UPDATE 2-Adidas powers ahead in North America and China

BERLIN, Aug 3 Adidas will pour more cash into marketing to try to stay ahead in the race with U.S. rivals Nike and Under Armour, the German sportswear firm said on Thursday as it reported another quarter of bumper sales growth.

BRIEF-Adidas to spend 700-800 mln euros extra on marketing

* Adidas ceo says capacity issues for boost running shoes will continue to constrain growth

Adidas powers ahead in North America and China

BERLIN, Aug 3 German sportswear firm Adidas AG reported another quarter of bumper sales growth in North America and China on Thursday as it took market share from rivals like Nike and Under Armour.

Adidas hikes outlook as fatter margins boost second-quarter profit

FRANKFURT Adidas AG raised its full-year outlook after improving margins helped the German sportswear maker to achieve an 18 percent jump in second-quarter operating profit.

Adidas hikes outlook as fatter margins boost Q2 profit

FRANKFURT, July 27 Adidas AG raised its full-year outlook after improving margins helped the German sportswear maker to achieve an 18 percent jump in second-quarter operating profit.

Adidas sells ice hockey brand to Birch Hill for $110 million

FRANKFURT German sportswear group Adidas has agreed to sell its CCM ice hockey brand to private equity firm Birch Hill Equity Partners for $110 million, it said on Thursday, as it focuses more strongly on its core Adidas and Reebok brands.

UPDATE 1-Adidas sells ice hockey brand to Birch Hill for $110 million

* Deal does not affect 2017 guidance (Adds CEO comment, advisors, details)

Adidas sells ice hockey brand to Birch Hill for $110 mln

FRANKFURT, July 27 German sportswear group Adidas has agreed to sell its CCM ice hockey brand to an affiliate of Birch Hill Equity Partners for $110 million, it said on Thursday, seeking to focus more strongly on the Adidas and Reebok brands.

Puma to keep up spending on new stars in post-Bolt era

FRANKFURT German sportswear company Puma plans to keep spending to sign up top athletes and celebrities after its flagship star Usain Bolt retires, seeking to bolster a brand that lags market leaders Nike and Adidas.

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