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Adidas Says Business In Greater China Returns To Growth In May
Adidas Receives Approval For Syndicated Loan Through KfW
Adidas sees 50-70 mln euro sales hit if Olympics, Euro postponed
Adidas AG is a Germany-based company that designs, develops, produces and markets a range of athletic and sports lifestyle products. The Company's segments include Europe, North America adidas, North America Reebok, Asia-Pacific, Russia/CIS, Latin America; Emerging Markets, adidas Golf, Runtastic and Other centrally managed business. Each segment includes wholesale, retail and e-commerce business activities relating to the distribution and sale of products of the adidas and Reebok brands to retail customers and end consumers. The Company has over 2,300 own-retail stores, over 14,000 mono-branded franchise stores and over 150,000 wholesale doors. The adidas and Reebok branded products include footwear, apparel and hardware, such as bags and balls.
Independent Chairman of the Supervisory Board
Kasper B. Rorsted
Chief Executive Officer, Member of the Executive Board
Independent Deputy Chairman of the Supervisory Board, Employee Representative
Independent Deputy Chairman of the Supervisory Board
Chief Financial Officer, Member of the Executive Board
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German sportswear firm Puma announced on Tuesday that it has signed a collaboration with British singer Dua Lipa.
Reebok Classics are not a good fit for Adidas. Buyout firms are interested in buying the underperforming brand, best known for 80s trainer styles, the Financial Times reported. For an acquirer to make a private equity-style return, however, the German sportswear group will...
Adidas expects sales to fall in the last three months of the year as coronavirus lockdowns return in Europe and despite forecasting a return to growth in China and strong demand for running gear and products designed by singer Beyonce.
German sportswear company Adidas is planning to sell its Reebok division, Germany's manager magazin reported on Thursday, as the group seeks to put an end to its ill-fated investment in the U.S.-focused brand.
Adidas is planning to sell its Reebok division, Germany's manager magazin reported on Thursday.
Tyrrell Hatton defended his choice of clothing at this week's BMW PGA Championship after the hoodies he sported during the tournament divided opinion among golf fans on social media.
Adidas has appointed Amanda Rajkumar, an executive from French bank BNP Paribas, as its new head of human resources after employee complaints over racism at the German sportswear company led to the departure of Karen Parkin in June.
German sportswear firm Adidas <ADSGn.DE> said on Thursday it expected to bounce back to profitability in the third quarter assuming there are no new major lockdowns as it benefits from more people exercising and dressing down as they work from home.
German sportswear firm Adidas <ADSGn.DE> on Tuesday said its supervisory board had extended the contract of Chief Executive Kasper Rorsted until July 31, 2026.
The head of human resources at Adidas <ADSGn.DE> has stepped down after a group of employees called for an investigation over her handling of racism at the company, which she had described last year as "noise" only discussed in America.
The head of human resources at Adidas has stepped down after a group of employees called for an investigation over her handling of racism at the company which she had described last year as "noise" only discussed in America.
The U.S. Court of Appeals for the Federal Circuit on Thursday upheld two Nike Inc patents against a challenge by rival Adidas AG, leaving Adidas open to a potential infringement lawsuit over its Primeknit shoes.
Adidas <ADSGn.DE> rejected on Wednesday a call by employees to investigate the German sportswear brand's human resources chief over her handling of racism at the company after she described it last year as "noise" only discussed in America.
German sportswear brand Adidas <ADSGn.DE> has pledged to invest $20 million in the black community in the United States and make sure that at least 30% of all new U.S. jobs are filled with black and Latino people at its Adidas and Reebok brands.
German sportswear firm Adidas <ADSGn.DE> said on Thursday that sales had returned to growth in greater China faster than it had expected after the coronavirus lockdown, while the reopening of business in Europe and the Americas was going more gradually.
German sportswear firm Adidas said on Thursday that sales had returned to growth in greater China faster than it had expected after the coronavirus lockdown, while the reopening of business in Europe and the Americas was going more gradually.
* AROUND TWO-THIRDS OF THE GLOBAL STORE FLEET ARE AT LEAST PARTIALLY OPEN AS OF TODAY
Adidas <ADSGn.DE> warned of an even bigger hit to second-quarter sales and profits from coronavirus lockdowns, after the German sportswear firm reported first-quarter earnings were almost wiped out and said it had not yet seen a full rebound in China.
* ADIDAS SAYS 60% OF BUSINESS AT STANDSTILL DUE TO CORONAVIRUS
German sportswear firm Adidas expects to take a bigger hit from the coronavirus lockdowns in the second quarter, predicting that sales will fall more than 40% after it reported a decline of 19% in the first quarter.
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