News: adidas AG (ADSGn.DE)

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Tue, May 7 2013

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Adidas online sales practice draws interest of German watchdog

HERZOGENAURACH, Germany - The German cartel office is taking a closer look at the online sales practices of Adidas, which has banned some sellers from offering its products via sites like Ebay and Amazon.

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Adidas online sales practice draws interest of German watchdog

HERZOGENAURACH, Germany, May 7 - The German cartel office is taking a closer look at the online sales practices of Adidas, which has banned some sellers from offering its products via sites like Ebay and Amazon.

Adidas profit margin hits record as pricey sneakers fly

FRANKFURT - Germany's Adidas posted its highest-ever gross profit margin as the sale of higher-priced products through its own stores and a new running shoe helped offset weak consumer spending in Europe and problems at Reebok.

UPDATE 2-Adidas profit margin hits record as pricey sneakers fly

FRANKFURT, May 3 - Germany's Adidas posted its highest-ever gross profit margin as the sale of higher-priced products through its own stores and a new running shoe helped offset weak consumer spending in Europe and problems at Reebok.

Adidas CEO says company "clean" in soccer boss tax scandal

FRANKFURT, May 3 - Internal investigations at Adidas related to a tax scandal involving the chairman of soccer club FC Bayern Munich have shown that the company is "clean", the sportswear group's chief executive said on Friday.

Adidas CEO eyes upper end of 2013 gross margin target

FRANKFURT, May 3 - Adidas expects to reach the upper end of its profit margin guidance in 2013, after a strong first quarter in which new products sold through its own stores helped boost profits, its chief executive said on Friday.

Adidas sales drop on Reebok, lack of sporting events

FRANKFURT, May 3 - Germany's Adidas reported a 2 percent decline in sales for the first quarter on fewer major sporting events, ongoing problems at its Reebok brand and currency effects.

CORRECTED-German stocks - Factors to watch on May 3

(Corrects to remove erroneous reference to Morphosys poll estimates)

Adidas sees role for Reebok despite writedown

HERZOGENAURACH, Germany - Adidas is to stick with its troubled Reebok business even though the German sportswear group had to make a 265 million euro ($344.5 million) write-down on the brand at the end of last year.

UPDATE 2-Adidas sees role for Reebok despite writedown

HERZOGENAURACH, Germany, March 7 - Adidas is to stick with its troubled Reebok business even though the German sportswear group had to make a 265 million euro ($344.5 million) writedown on the brand at the end of last year.

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