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ADIDAS EARNINGS RESULTS
FIFA 2026: 8 biggest controversies that have overshadowed the World Cup so farThe 2026 FIFA World Cup is generating significant debate beyond the pitch. Geopolitical tensions between the US and Iran, visa issues affec...
Global Markets | European markets dip as investors eye earnings, Iran conflict continues to weighEuropean shares dipped on Wednesday, as investors turned their focus to a packed day of corporate earnings, while a continuing U.S.-Iran im...
Europe's STOXX 600 ticks up, Spain hit by US trade jittersSpanish stocks slid on Wednesday after fresh trade-embargo threats from the White House, while other regional benchmarks inched higher, aft...
Puma shares plunge 23% as weak profit shakes confidencePuma's market value dropped over 22% after reporting lower than anticipated Q4 sales and a decline in annual profit. The company aims to in...
Puma shares plunge 18% after sales and profit missPuma shares slid more than 18% on Thursday after the German sportswear brand reported lower than expected fourth-quarter sales and a drop i...
As Nike struggles, Adidas must surf Samba wave with cautionAdidas is gaining market share from Nike with its popular Samba and Gazelle sneakers. However, it faces challenges in keeping consumer inte...
Nike shares jump as Ackman's return sparks turnaround hopesNike shares increased by nearly 4% with investor optimism over billionaire William Ackman's renewed stake of 0.19%. Ackman, who has a histo...
Nike forecast cut sends sportswear stocks 12% down as spending stumblesThat sent shares of rivals Adidas and Puma down roughly 5% each, with Lululemon down 2% and Under Armour down about 6% before the bell.
Yeezy shoes still stuck in limbo after Adidas split with rapper Kanye WestAdidas is stuck with stacks of its flagship Yeezy brand shoes after ending its relationship with Ye in October over his antisemitic and oth...
Adidas break up with rapper Kanye West, to lose brand YeezyLosing the Yeezy brand is "of course hurting us," new CEO Bjorn Gulden said in a statement.
European shares retreat as trade fears, sanctions on Russia weighThe on-going corporate season also prompted steep moves among companies publishing second-quarter results.
Congresswoman Pramila Jayapal's sister becomes first South Asian to be elected in OregonSusheela Jayapal, 55, won the District 2 seat on the Multnomah County Board of Commissioners with 57 per cent of the vote, the results of w...
- Adidas to invest 70 million euros in Reebok India
German sportswear maker Adidas said it will stick to its €70-million (Rs 476 crore) plan to shore up Reebok India.
Reebok India scales down reported loss on fictitious salesReebok India has told the govt's SFIO that the loss on account of fictitious sales is less than half of what it had originally alleged in i...
How global brand Adidas slipped in IndiaA fascinating and instructive story of how ambition collided with due diligence and how Adidas didn't catch on till it was faced with a Rs ...
- Adidas to cut Reebok store base in India
Adidas has said it will shut about one-third of Reebok brand stores in India as part of a restructuring after discovering 'commercial irreg...
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 finds 'irregularities' in Indian arm
Adidas revealed that it is investigating certain unexplained "commercial irregularities" at it Indian arm, Reebok India.
- Adidas Q2 net profit jumps, exceeds estimates
German sporting goods company Adidas, which sponsored 12 teams in the World Cup football tournament, reported second-quarter net profit tha...
- 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 ...