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ADIDAS INDIA SOURCING
India’s running boom has Nike, Asics sprinting for the next $10 billionNike has introduced the Vegam Run, its first running shoe tailored for the Indian market. Priced at Rs 3,795, it aims to attract more consu...
Life beyond a metro: India's festive shoppers boost Myntra's orders by nearly 2X in key categoriesMyntra's Big Fashion Festival resulted in nearly double the order volumes compared to regular business days. New customer additions from no...
OfBusiness apparel revenue triples to Rs 3,002 crore in FY26OfBusiness apparel revenue surged to Rs 3,002 crore by fiscal year 2026. This represents a significant increase from Rs 843 crore recorded ...
Adidas to set up its first Asia GCC outside China in Tamil NaduAdidas, headquartered in Herzogenaurach, Bavaria, will set up its Global Business Services (GBS) hub with Akhil Kapoor leading operations. ...
BCCI signs on Adidas as kit sponsor for 5 years in 250-cr dealThe deal, which will begin with the ICC World Test Championship next month and end in March 2028, will see Adidas becoming the official kit...
Adidas tells employees it may sell ReebokThe announcement has sent ripples of uncertainty through local ranks of the world’s second-largest sportswear company, especially at a time...
Adidas-owned Reebok cleared to open own stores in IndiaThe move follows the government's decision to give similar approvals to Chinese smartphone maker Oppo and luxury goods retailer Louis Vuitt...
After Nike, Adidas may also lay off 25% employees in IndiaThe company, which owns Reebok, has been in talks with Reliance Brands to hand over a chunk of its franchise business.
Reebok seeks government nod to open single brand retail storesForeign investment is allowed subject to certain conditions, which require products to be of a 'single brand' only and to be sold under the...
Adidas India aims at 1,000 stores by 2020Germany's Adidas AG, which sells Adidas and Reebok sports shoes and clothes in India is aiming at 1,000 stores under both the brands by 202...
Adidas gets clearance to open own retail outlets in IndiaAdidas will open its first fully owned outlet in India in the second half of fiscal 2016, the German sportswear major said, with it getting...
Adidas files application with DIPP for setting up fully-owned stores in IndiaGerman sportswear major Adidas has filed an application with the DIPP for setting up fully-owned flagship stores in the country.
Reebok fraud: Parent adidas welcomes MCA actionAccording to the statement, Reebok India officials Claus Heckerott and Shahin Padath originally discovered the fraud.
- SFIO to soon start prosecution proceedings in Reebok case
Serious Fraud Investigation Office is expected to soon start prosecution proceedings in the case of alleged financial fraud at Reebok India.
I-T scanner on Reebok India; dept issues notices to executivesThe I-T department has launched a probe into its finances and has begun issuing notices to its executives after an alleged Rs 870-crore fra...
- I-T begins scrutiny of Reebok accounts
I-T department has begun scrutiny of financial documents and transactions of Reebok after its owner Adidas recently announced commercial ir...
Difficult to meet 30 pc sourcing clause in retail: Adidas"The clause of 30% mandatory sourcing from SMEs is a concern. We are studying the policy changes in detail," Adidas India MD told.
- Reliance Brands may propel Adidas retail
Adidas may bank on Reliance Brands, a subsidiary of Reliance Retail, for expanding its store network in the country.
- 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...
- Adidas group co wants local golfer to endorse products
Taylormade-Adidas Golf, an Adidas group company, is planning to rope in an Indian golfer to endorse its products.