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
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.
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