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Mon, Jun 20 2016

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Adidas agrees record new deal with German soccer team

PARIS/FRANKFURT Adidas has agreed to extend its sponsorship deal with world soccer champions Germany until 2022, paying 50 million euros ($56.7 million) per year to overtake France as the most lucrative national team sportswear contract.

UPDATE 1-Adidas agrees record new deal with German soccer team

PARIS/FRANKFURT, June 20 Adidas has agreed to extend its sponsorship deal with world soccer champions Germany until 2022, paying 50 million euros ($56.7 million) per year to overtake France as the most lucrative national team sportswear contract.

BRIEF-Adidas CEO confirms 50 mln eur sponsorship deal with German DFB

* CEO tells Reuters confirms sponsorship deal with German soccer association worth 50 million euros ($56.67 million)per year

Adidas to pay 50 mln euros a year to extend deal with German soccer association - FAZ

FRANKFURT, June 20 Adidas will pay 50 million euros ($57 million) a year to extend its sponsorship deal with the German soccer association (DFB), twice as much as it has paid so far, German paper Frankfurter Allgemeine Zeitung (FAZ) reported.

Adidas to pay up to renew Germany soccer sponsorship -Sport Bild

FRANKFURT, June 17 Adidas will pay between 65 million and 70 million euros ($73-$79 million) a year to extend its sponsorship deal with the German soccer association (DFB), Sport Bild reported on Friday.

Adidas says soccer investment bringing rewards

PARIS Adidas expects sales of soccer boots, shirts and balls to rise 14 percent to a new record of 2.5 billion euros ($2.8 billion) in 2016, showing a return for spending more on partnerships with top teams and players.

UPDATE 1-Adidas says soccer investment bringing rewards

* Adidas CEO prepares to hand over to successor (Writes through with quotes)

REFILE-Adidas says beating Nike in Europe soccer boots battle

PARIS, June 16 Adidas expects sales of soccer boots, shirts and balls to rise 14 percent to a new record of 2.5 billion euros ($2.8 billion) in 2016, helped by reclaiming leadership of top European markets for soccer footwear from arch rival Nike.

Venezuela stun Uruguay to reach Copa quarters

Venezuela pulled off the shock of the Copa America so far by stunning Uruguay 1-0 to reach the quarter-finals, while Mexico also advanced with a 2-0 win over Jamaica.

Adidas sells U.S. apparel firm Mitchell & Ness

FRANKFURT Adidas said it had agreed to sell U.S. sportswear seller Mitchell & Ness, resulting in a one-time gain in a the low to medium double-digit million euro range.

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