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Adidas AG
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Adidas Fourth-Quarter Loss Narrows, Offers Bullish Outlook
Mar 13, 2016Adidas Group reported a narrower loss in the fourth quarter as gross margins expanded and currency-neutral sales jumped 12 percent, driven by accelerated momentum at both Adidas and Reebok. On a currency-neutral basis, sales grew 16 percent ...
Tags: Adidas Group, Reebok
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Adidas Will Take Control of The Distribution and Licence Rights for The Reebok Brand
Mar 24, 2015The 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
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Fitness Sector Benefited From Government Support
Feb 21, 2015Industry 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
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The Adidas Group to Sell Its Rockport Business to a New Entity Formed by Berkshire Partner
Jan 26, 2015The 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
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Adidas AG Plans to Sharply Ramp up Its Endorsements of NFL and MLB Players
Jan 14, 2015Adidas 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
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Adidas AG Reported Third-Quarter Profits Slid 11 Percent
Nov 7, 2014Adidas AG reported third-quarter profits slid 11 percent due to negative currency effects and a continuing slide at its golf division. Currency-neutral (c-n) sales increased 9 percent. In currency-neutral (c-n) terms, sales increased 9 ...
Tags: Adidas, Sporting Goods
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Adidas Has Put Reebok on The Block
Oct 23, 2014Eight years after acquiring US rival, Reebok, seems like German sports gear marketer – Adidas has put Reebok on the block. According to WSJ, funds affiliated to the Abu Dhabi Government and a Hong Kong based private-equity investor ...
Tags: Reebok, Investors, Accessories
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Adidas AG Reported First-Quarter Profit Decreased 34 Percent From The Prior Year
May 8, 2014Adidas AG reported first-quarter profit decreased 34 percent from the prior year, as revenues declined, hit by adverse currency and weakness in the golf unit. Revenue at TaylorMade slumped 38 percent in the first quarter as a result of ...
Tags: Adidas, First-Quarter Profit
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Adidas Has Appointed Mark King as President of Adidas Group North America
Apr 18, 2014The Adidas Group has appointed Mark King, who had been TaylorMade-Adidas Golf's CEO, as president of Adidas Group North America effective June 1, 2014. King succeeds Patrik Nilsson, who has decided to leave the company for personal reasons ...
Tags: Adidas, Sporting Goods, Recreation
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Adidas AG Delivers Exceptional Fourth Quarter Results
Mar 6, 2014Adidas AG delivers exceptional fourth quarter results. “We finished 2013 with an exceptionally strong fourth quarter. Currency-neutral sales grew 12%, which was above our expectations,” commented Herbert Hainer, adidas Group ...
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Chelsea Football Club and Adidas Announce an Extension to Their Global Partnership
Jun 22, 2013Chelsea Football Club and adidas are delighted to announce an extension to their global partnership. This is the biggest deal to date Chelsea FC has signed with a partner and will see the sports brand continue to be the official sponsor and ...
Tags: Chelsea Football Club, Adidas