Adidas

Based in  Herzogenaurach/Germany, Adidas is a global leader in the sporting goods industry that has employed more than 61,000 people across the globe and generated sales of €21.2 billion in 2021.

See below for the Latest Adidas News, Analysis, Profit Results, Share Price Information, and Commentary. 

 

Coty renews license partnership deal with adidas

Adidas could leverage the growing well-being and athleisure trend.

Coty renews license partnership deal with adidas

Adidas could leverage the growing well-being and athleisure trend.

adidas to release remaining YEEZY products 

The company ended its partnership with YEEZY after the hate speech of rapper Ye.

adidas’ Greater China market posts revenue decline

Its revenue from the market dropped by 36% in 2022. 

adidas sees US$746m loss in 2023

This is due to the “adverse impact” of the Yeezy write-off.

Yeezy termination drags adidas 2022 outlook

The company ended the Yeezy partnership in October. 

adidas AG appoints new CEO

Bjørn Gulden will assume the post in January 2023. 

adidas CEO steps down

CEO Kasper Rorsted will hand over the position through the course of 2023. 

E-commerce market to reach over $20t by 2025

The market will be led by sportswear brands Nike, and Adidas.

ZALORA, adidas partner to launch pop-up store in Singapore

The store in Bugis Junction is open from 3 to 12 August.

Adidas revises 2022 outlook amidst ‘slower-than-expected’ recovery in Greater China

The company expects a double-digit decline rate during the rest of the year.

Adidas, Foot Locker enter strategic partnership

They target retail sales to exceed $2b by 2025 under the partnership.