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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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Despite Difficult Comparisons Adidas Q2 Topline up 15%
Aug 11, 2015Despite, 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
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In The First Quarter of 2015, Adidas Group Revenues Grew 17 Per Cent to Eur 4.083 Billion
May 7, 2015Driven 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
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In The First Nine Months of 2014, Net Income Plummeted 21% Year-on-Year at Adidas Group
Nov 18, 2014In 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
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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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The Golf Group Announced Results of Its Latest Raids of China-Based Counterfeiting Targets
Aug 15, 2014The 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
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The Chinese Court System Handed Down The Sentences in Two Separate Court Cases Last Week
May 26, 2014The 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 ...
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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 Announces First Quarter 2014 Results
May 7, 2014Adidas 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
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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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Competitor Group Named David Abeles as Chief Executive Officer
Mar 12, 2014Competitor Group, Inc., named David Abeles as chief executive officer, effective immediately. Additionally, Barrett Garrison has joined the company as Chief Financial Officer and Keith Kendrick has been permanently appointed Chief Marketing ...
Tags: 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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TaylorMade-Adidas Golf Announced Q3 Sales of $280m (Eur 210m)
Nov 11, 2013TaylorMade-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
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Golf Galaxy Plans to Open Its Second Retail Location in Nevada
Oct 29, 2013Golf Galaxy, a full-line, interactive golf retailer, announces its plans to open its second retail location in Nevada. The grand opening celebration is slated for November 1-3, in Henderson, NV. "We are thrilled to expand Golf Galaxy's ...
Tags: Golf Galaxy, golf retailer
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Golf Galaxy Plans to Open Its Second Retail Location in Missouri
Oct 29, 2013Golf Galaxy, a full-line, interactive golf retailer, announces its plans to open its second retail location in Missouri. The grand opening celebration is slated for November 1-3, in Chesterfield, MO. "Whether you're a scratch player or ...
Tags: Golf Galaxy, golf retailer