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Adidas AG (ADSGn.DE)

ADSGn.DE on Xetra

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Latest Key Developments (Source: Significant Developments)

Adidas Alerts Certain Consumers Of Potential Data Security Incident
Thursday, 28 Jun 2018 01:13pm EDT 

June 28 (Reuters) - Adidas AG ::ADIDAS ALERTS CERTAIN CONSUMERS OF POTENTIAL DATA SECURITY INCIDENT.ADIDAS - ANNOUNCED THAT IT IS ALERTING CERTAIN CONSUMERS WHO PURCHASED ON ADIDAS.COM/US ABOUT A POTENTIAL DATA SECURITY INCIDENT.ADIDAS - ON JUNE 26, ADIDAS BECAME AWARE THAT AN UNAUTHORIZED PARTY CLAIMS TO HAVE ACQUIRED LIMITED DATA ASSOCIATED WITH CERTAIN ADIDAS CONSUMERS.ADIDAS - ADIDAS IS WORKING WITH LEADING DATA SECURITY FIRMS AND LAW ENFORCEMENT AUTHORITIES TO INVESTIGATE THE ISSUE.ADIDAS - ADIDAS HAS NO REASON TO BELIEVE THAT ANY CREDIT CARD OR FITNESS INFORMATION OF THOSE CONSUMERS WAS IMPACTED.  Full Article

Adidas CEO Rorsted Says Plans To Close Couple Of Hundred Stores In Year, Closed About 90 Stores In Q1 - CNBC
Thursday, 3 May 2018 10:37am EDT 

May 3 (Reuters) - :ADIDAS CEO KASPER RORSTED SAYS PLANS TO CLOSE A COUPLE OF HUNDRED STORES IN THE YEAR; CLOSED ABOUT 90 STORES IN Q1 - CNBC.  Full Article

Adidas won't boycott World Cup despite Russia tension
Wednesday, 14 Mar 2018 06:27am EDT 

March 14 (Reuters) - Adidas Ag ::ADIDAS CEO SAYS EXPECTS REEBOK TO RETURN TO GROWTH IN NORTH AMERICA IN 2018.ADIDAS CFO SAYS DOES NOT PLAN MAJOR ACQUISITIONS IN NEAR TERM, PART OF REASON FOR SHARE BUYBACK.ADIDAS CEO SAYS DOES NOT EXPECT DISPROPORTIONATE SOCCER SALES GROWTH IN 2018 DUE TO WORLD CUP.ADIDAS CEO SAYS NOT CONSIDERING PULLING OUT OF WORLD CUP DESPITE RISING TENSION WITH RUSSIA.  Full Article

Adidas Says Marketing Spending To Rise In Absolute And Relative Terms In 2018
Wednesday, 14 Mar 2018 05:00am EDT 

March 14 (Reuters) - Adidas ::SAYS REEBOK GROSS MARGIN UP 400 BPS TO 40.7 PERCENT IN 2017 BUT STORE CLOSURES CAP SALES GROWTH.SAYS MARKETING SPENDING TO RISE IN ABSOLUTE AND RELATIVE TERMS IN 2018 - PRESENTATION SLIDES.  Full Article

Adidas Says Stefan Jentzsch Resigns As Member Of Supervisory Board
Tuesday, 6 Mar 2018 06:19am EST 

March 6 (Reuters) - ADIDAS AG ::DGAP-ADHOC: ADIDAS AG: STEFAN JENTZSCH RESIGNS AS MEMBER OF ADIDAS AG SUPERVISORY BOARD; FRANK APPEL PROPOSED AS SUCCESSOR.  Full Article

Adidas expects sales growth to accelerate in fourth quarter
Thursday, 9 Nov 2017 04:39am EST 

Nov 9 (Reuters) - Adidas Ag :Adidas presentation - q3 originals up 22%, driven by strong double digit growth in all key regions.Adidas presentation - modern franchises grow more than 40 percent, now respresent more than half originals footwear business.Adidas presentation says sales growth to accelerate in q4.Adidas ceo says fully cooperates in U.S. College basketball probe, does not expect impact on business.Adidas ceo says expects to see Reebok returning to growth in U.S. Market next year.Adidas ceo says does not expect significantly different world cup spend than previous tournaments due to Russia hosting.  Full Article

Adidas confirms employee arrested by federal investigators
Tuesday, 26 Sep 2017 10:22am EDT 

Sept 26 (Reuters) - Adidas says:Today, we became aware that federal investigators arrested an Adidas employee. We are learning more about the situation. .We’re unaware of any misconduct and will fully cooperate with authorities to understand more. .  Full Article

Four coaches, Adidas official, others charged in NCAA basketball case
Tuesday, 26 Sep 2017 10:02am EDT 

Sept 26 (Reuters) - CHUCK PERSON, A DEFENDANT IN U.S. CASE OVER ALLEGED BRIBERY AND FRAUD RELATED TO NCAA BASKETBALL, IS A COACH AT AUBURN UNIVERSITY:.  Full Article

Fitbit ‍launches smartwatch ionic partnering with Adidas
Monday, 28 Aug 2017 09:00am EDT 

Aug 28 (Reuters) - Adidas Ag -:Fitbit Inc- ‍launches smartwatch ionic; partnering with adidas to deliver fitbit ionic special edition and training programs​.Fitbit Inc - ‍Fitbit app software development kit (sdk) will be open to developers in september 2017​.  Full Article

Kohl's conf call- Q2 inventory per store decreased 2 pct
Thursday, 10 Aug 2017 10:58am EDT 

Aug 10 (Reuters) - Kohls :On conf call- traffic still remains slightly negative in the quarter, an improvement in traffic was the driver of improved performance in sales.On conf call- Q2 inventory per store decreased 2%.On conf call- stores fulfilled 31% of our online demand units in Q2.As part of small stores strategy, will open 4 new 35,000 sq.foot stores in October in more dense trade areas.Difference between merchandise margin, which rose, and gross margin, which didn't, was a function of an accelerated rate of growth in digital business.Active business produced a mid-teen double-digit increase over last year across both footwear and apparel, driven by addition of Under Armour, Nike and Adidas sales increases.Now believe that we can capture over $250 million of SG&A savings from current annualized rate over next 3 years.  Full Article

UPDATE 1-Sports Direct's Ashley says 'stabbed in the back' by shareholders

* Sports Direct ruled out bid for Debenhams after meeting (Adds detail)