The Adidas Group announced that in mutual agreement with Vulcabr S.A. it will take control of the distribution and licence rights for the Reebok brand in Brazil and Argentina, when the current joint venture agreement concludes at the end of ...
Tags: Adidas, Reebok, Sporting Goods
Greenpeace East Asia released its Detox Catwalk, an online platform report which assesses how effectively fashion brands are removing toxic chemicals from their supply chains and tackling water pollution. Inditex Group, Puma and ...
Tags: Puma, Valentino, fashion brands, toxic chemicals
Favourable government policies, low wages, shorter sea route and growing garment exports make Myanmar an attractive option for Indian textile entrepreneurs, says Rajesh Kumar Shah The garment sector in Myanmar has grown enormously since ...
Tags: garment exports, Textile
Industry expands as an increasing number of Chinese people opt for healthier lifestyle Even when she was in her 20s, Tiffany Tang says she never felt so full of energy and healthy. Since starting to jog with her family and friends over ...
Tags: Fitness Sector, Exercise Equipment
Manchester United reported that revenue from its Nike managed merchandising business, which Adidas will take over next season, continued to decline in the fiscal second quarter. Man U reported Retail, Merchandising, Apparel & Product ...
Tags: Nike, Adidas, Sporting Goods
Adidas Group reported its sales in Germany, Austria and Switzerland set a record in 2014. Adidas achieved total sales of €1 billion in these three markets in 2014 more than ever before in the company's history. In Germany, the ...
Tags: Adidas, running products, lifestyle products
The Adidas Group has again been recognized as an employer of choice in Germany and China. The German magazine Focus has this year again named the Adidas Group as the Top Employer in Germany. The Group thus maintains its top ranking in the ...
Tags: Adidas Group, employers, Sporting Goods
Excluding impact from divestiture of Rockport business, currency-neutral sales at Adidas Group rose by 6 per cent from the previous year in 2014, based on preliminary unaudited figures. In euro terms, sales were up 2 per cent to ...
Tags: net income, Apparel
The Adidas Group entered into a definitive agreement to sell its Rockport business to a new entity formed by Berkshire Partners and New Balance for a total consideration of $280 million, most of which will be paid in cash with the remainder ...
Tags: footwear brands, Sporting Goods
Sports MASH Holdings, which is controlled by Mike Ashley, reduced its stake in Sports Direct International Plc by 2.57 percent to 55.14 percent by selling 15.4 million ordinary shares for roughly $168 million on Jan. 20, the British ...
Tags: economic effect, Sporting Goods
Adidas has entered a five year agreement to be the official athletic footwear, apparel and accessory brand of Catawba College, a small liberal arts college in Salisbury, NC that fields 18 NCAA Division II sports teams. Adidas will partner ...
Tags: athletic footwear, Sporting Goods
Adidas AG plans to sharply ramp up its endorsements of NFL and MLB players in the next few years, Adidas North American President Mark King said in an interview with the Wall Street Journal. The report stated Adidas will sign as many as 250 ...
Tags: Adidas AG, MLB players, Sporting Goods
Adidas and the University of Miami announced a landmark 12-year partnership making adidas the official athletic footwear, apparel and accessory brand of the Hurricanes through the 2027-28 season. “The University of Miami was the ...
Tags: official athletic footwear, college athletics, Sporting Goods
The inaugural Sports Tech Conference and Marketplace presented by the Sports & Fitness Industry Association (SFIA) made its successful debut earlier this week at the International Consumer Electronics Show (CES) in Las Vegas. CES attracts ...
Adidas announced a new partnership set to pave the way for a new age of fitness technology in schools. During a presentation at the Consumer Electronics Show (CES) in Las Vegas, the global sports brand revealed collaboration with ...