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
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
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
Adidas and Arizona State University announced an eight-year partnership in which the Portland, OR, based company will be the official athletic footwear, apparel and accessory brand of the Sun Devils through the 2022-23 season. ...
Tags: Adidas, Partners, Sporting Goods
Soon after a week of finalizing the acquisition of the UK-based boxing and martial arts brand LUTA, the American athleticwear manufacturer Reebok International has signed a new partnership deal with the international mixed martial arts ...
Tags: Official Outfitter, Athletes, Apparel
In the first nine months of 2014, net income plummeted 21% year-on-year at adidas Group to € 630 million from € 796 million in the same period of 2013. Correspondingly, basic and diluted earnings plunged to € 3.01 per share ...
Tags: adidas Group, net income, Apparel
Adidas 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
Eight 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
The Mexican Football Federation and Adidas announced the extension of their strategic partnership until 2022. The extension agreement comes as a result of the close relationship between both parties since 2007. "We are very pleased to ...
Manchester United has reached a ten year agreement with Adidas for a global technical sponsorship and dual branded licensing deal for a minimum guarantee of 50 million, subject to certain adjustments, beginning with the 2015/2016 campaign. ...
Tags: agreement, Adidas, Sporting Goods
The Adidas Group announced a strategic partnership with Swiss company Bluesign Technologies to further drive sustainable solutions in its global supply chain. Bluesign Technologies is the well-established world leading provider of ...
Tags: Adidas, Sporting Goods, Recreation
Lawrence Norman, former vice president of Adidas Global Basketball, has been named Adidas South Europe managing director. Zion Armstrong, formerly managing director of Adidas Group South Korea, as Adidas Brand director in North America. ...
Tags: Adidas, Basketball Leadership