Adidas launches probe into misconduct allegations against Kanye WestThe investigation follows a report by Rolling Stone magazine that detailed alleged incidents of inappropriate behavior by Ye toward staff a...
Adidas plans to divest Reebok brandGerman sportswear maker Adidas AG said on Tuesday it plans to divest the underperforming brand Reebok that it failed to revive 15 years aft...
Nike cutting 2% jobs as part of business rejigThe overhaul is an attempt to speed up product development and refocus on key markets, CEO Mark Parker said in a statement on Thursday.
Is Nike the unidentified company in the FIFA bribery case?Nike said it's cooperating with authorities on the same day the US said that an unidentified sportswear company took part in bribing a Braz...
Competition Commission of India rejects market abuse complaint against Adidas, ReebokFair trade regulator CCI rejected allegations that Adidas AG and Reebok India abused their dominant position with respect to sale of premiu...
Defamation complaint by Adidas AG: Court summons ex-Reebok MDA former managing director of Reebok India Company (RIC) has been summoned as an accused by a Delhi court in a criminal defamation complain...
- SFIO finds dubious deals between Reebok India & parent Adidas AG
870-crore fraud at Reebok India to include certain transactions between the Indian subsidiary and the parent Adidas AG.
- Now, Adidas AG files counter suit against Subhinder Singh Prem
Adidas was “shocked” to see reports in print and electronic media where Prem made “false, defamatory statements against the company.
Reebok India fraud case: Company may not be able to provide evidenceThe annual accounts of Adidas AG, the German sports goods maker that owns Reebok globally, did not mention any financial irregularities.
- Adidas may shut 200 India stores in addition to the Reebok outlets
The option of shuttering the stores was discussed in US, in March, a few days before then India chief executive Subhinder Singh Prem was sa...
Adidas' global profits hit by Rs 870 crore on Reebok India irregularitiesAdidas did not reveal the nature of the irregularities, only saying these occurred before 2012 and were being investigated.
- Adidas' 1Q net profit surges to $222.4 million
A sharp uptick in sales in North and South America has pushed athletic shoe and clothing maker Adidas AG's first quarter profit higher.
- Adidas 4Q profit jumps 151 pct on improved sales
German sportswear giant Adidas AG said on Wednesday its fourth quarter net profit jumped 151 per cent on improved sales, a better tax rate ...
- Adidas, Puma say Olympics were a success
The Olympic Games not only brought gold for athletes and their countries, but also for the companies that outfitted them with their gear.
- Adidas' Q1 profit up 32% to euro169 million on TaylorMade; Reebok lags
German sportswear company Adidas AG said Tuesday the company's first quarter net profit jumped 32 percent as sales gained 3.1 percent.
- Adidas, Reebok kickstart integration
Global sports goods companies, Adidas and Reebok, have kickstarted the process of integrating their resources in India, with Adidas’ $3.8 b...
- Govt clears 44 FDI proposals
Government on Friday approved 44 FDI proposals worth Rs 741 crore including those of Swiss telecom major Bycell, CDC, Citigroup, Standard C...