Adidas AG (ADSGn.DE)
Thu, Aug 3 2017
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.
* Adidas ceo says capacity issues for boost running shoes will continue to constrain growth
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.
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.
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.
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.
* Deal does not affect 2017 guidance (Adds CEO comment, advisors, details)
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.
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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