Adidas 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
Adidas announces first quarter 2014 results. Highlights: -Group sales stable on a currency-neutral basis -Results significantly impacted by negative currency effects -adidas Group confirms full year guidance -Retail sales ...
Tags: Adidas, Reebok, emerging markets
The 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
The adidas Group published its 2013 Sustainability Progress Report, an annual overview of achievements and challenges as well as a progress update on its 2015 sustainability targets. As part of the report, the adidas Group announced that ...
Tags: Adidas Group, Originals product
The Adidas Group published its 2013 Sustainability Progress Report, an annual overview of achievements and challenges as well as a progress update on its 2015 sustainability targets. As part of the report, the Adidas Group announced that ...
Tags: Adidas, Sporting Goods, Recreation
Adidas 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 ...
Adidas announced plans to open a new global retail concept, HomeCourt, premiering in the brand's largest store, the Adidas Brand Centre in Beijing/China. HomeCourt will be implemented in 25 stores globally over the course of 2014. ...
Tags: global retail concept, three distinctive sales channels
Executives from Columbia Sportswear, Adidas Group and Puma SE condemned the Cambodian government's use of deadly force against protesting garment workers and urged the nation's factory owners and trade unions to work together to help the ...
Tags: Columbia Sportswear, Adidas Group, Puma SE, Cambodian, garment workers
The adidas Group confirmed its Route 2015 targets which forecast sales of € 17 billion and an operating margin of 11% in 2015 at the 2013 Investor Field Trip in Herzogenaurach. In addition, the senior management of the Group shared ...
Tags: Adidas Group, Apparel
TaylorMade-adidas Golf, the largest golf company in the world, announced, Q3 sales of $280M (EUR 210M). Through YTD September, TMaG reports sales of $1.3B (EUR 981M). The company saw YTD sales increases in the iron, footwear and apparel ...
Tags: Taylormade-Adidas, Golf
GT Nexus announced that The Children’s Place has selected its technology platform and services to enable its global supply chain and support business growth. The Children’s Place is the largest pure-play children’s ...
adidas and A.C.Milan together until 2023. The new agreement to extend the partnership started in 1998 has been made official: a very rare achievement in the football world. Since 1998 the club based in via Turati enriched its palmares ...
GT Nexus announced that Procter & Gamble (P&G) has renewed and expanded its contract for global supply chain management technology and services. P&G has been using the GT Nexus platform since 2001 to manage its global logistics spend. The ...
Abercrombie & Fitch has extended its contract with GT Nexus to expand its cloud supply chain strategy and improve visibility into the movement of orders, payments and goods. Since 2010, the lifestyle brand company has used the GT Nexus ...
Tags: Cloud Supply Chain, Abercrombie
Global premium fitness brand Reebok announced that it has signed up Bollywood actor and fitness icon Nargis Fakhri as its women’s fitness ambassador to reinforce its commitment to women fitness enthusiasts in India. Nargis ...
Tags: Reebok, Nargis Fakhri