Adidas 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
Adidas is preparing to sell Reebok-CCM as part of a broader drive to simplify its business, the New York Post reported. Unnamed sources told the tabloid that Adidas could put Reebok-CCM up for sale early next year. Adidas declined to ...
Tags: Adidas, Reebok-CCM, authentic outfitter
Despite, difficult comparisons after record World Cup related sales in the prior year second quarter, topline at Adidas Group expanded 15 per cent year over year in the second quarter of 2015. In the three months to June 30, 2015, in euro ...
Tags: Adidas, Reebok, sports goods
Driven by currency translation effects that had a positive impact on sales in euro terms, Adidas reported a 17 per cent year over year sales surge in the first quarter ended March 31, 2015. In the first quarter of 2015, Adidas Group ...
Tags: Positive Currency, Adidas Sales
At its Investor Day held in Germany, the Adidas Group unveiled its new strategic business plan until the year 2020, which aims at further accelerating growth by significantly increasing brand desirability. “This is expected to ...
Tags: Adidas, new business plan, Adidas Neo
At its Investor Day in Herzogenaurach, the Adidas Group presented its new strategic business plan called "“Creating the New,” designed to accelerating growth significantly. Revenues are projected to increase at a ...
Tags: Adidas Group, Speed, 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
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
DKS has a 16-page flyer offering deals of all sorts, including 25% off Nike Pro compression apparel and free shipping and free returns on apparel orders at dicks.com. Other circular promotions include $20 off a future purchase of $100 or ...
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
Nike Inc. announced that Cindy Davis, president of Nike Golf, plans to retire from Nike. Davis joined Nike Golf USA as general manager and has served as president of Nike Golf since 2008. "We thank Cindy for her leadership throughout the ...
Tags: Nike, President, Recreation
Nanyang technological unibersity, which has steadily been expanding since its 2011 founding, is establishing an international consortium to develop materials and processes for sporting goods products. Founding members of the NTU's ...
Tags: materials, sporting goods products
The U.S. Golf Manufacturers Anti-Counterfeiting Working Group (The Golf Group) announced results of its latest raids of China-based counterfeiting targets. The operations, which were executed over the last two months by Chinese law ...
Tags: The Golf Group, Results, Sporting Goods
The U.S. Golf Manufacturers Anti-Counterfeiting Working Group (The Golf Group) announced the convictions and sentences in China of seven men charged with manufacturing and selling counterfeit golf products, another critical step in the Golf ...