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Adidas, Puma family feud to be turned into TV seriesThe Adidas and Puma rivalry began with a family feud. Adi and Rudi Dassler, brothers, started separate shoe companies after a fallout. Now,...- Adidas to cut 500 jobs, says Yeezy trainers are historyAdidas plans to reduce up to 500 jobs at its headquarters to improve efficiency, following a tough year after its split with Kanye West. De...
- Germany's golden oldies leading push for Euros glorySince a semi-final elimination to France at Euro 2016, the Germans have struggled in major tournaments, with two World Cup group stage exit...
- Adidas plans cheaper versions of popular shoesAdidas CEO Bjorn Gulden announced at the annual shareholders' meeting in Germany that the company will launch cheaper versions of its iconi...
- 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. ...
- 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.
- Adidas appoints boss of rival Puma as CEO after Ye falloutChief Financial Officer Harm Ohlmeyer will head Adidas until the end of the year. He takes the helm temporarily after the company ended a p...
- Adidas CEO Kasper Rorsted to step down next year, successor soughtRorsted, who has been CEO since 2016, and its supervisory board "mutually agreed" that he will hand over during the course of 2023, the Her...
- A gift from Adidas: Swapna Barman gets customised shoes to fit 12-toed feetBarman was born with six toes in both feet which made it difficult for her to fit into regular shoes.
- Gucci owner Kering may acquire sports brandsAny deal will hinge on Kering’s ability to reverse the fortunes of Puma, Europe’s second-largest sporting-goods maker, which has been under...
- New Puma CEO says turnaround will take timePuma said operating earnings before special items came in at 80 million euros for the third quarter.
- Adidas finds 'irregularities' in Indian armAdidas revealed that it is investigating certain unexplained "commercial irregularities" at it Indian arm, Reebok India.
- Adidas Q2 net profit falls 93 per centSportswear company Adidas AG said Wednesday that its second quarter net profit fell 93 percent, mainly because of higher operating expenses.
- Continental AG reports Q2 lossGerman car parts and tire maker Continental AG on Thursday reported a euro190 million ($268 million) loss for the second quarter as the glo...
- Adidas 4Q profit jumps 151 pct on improved salesGerman 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 successThe Olympic Games not only brought gold for athletes and their countries, but also for the companies that outfitted them with their gear.
- Olympics sales help Adidas net grow 12% in Q2Adidas, the world’s second-largest sporting-goods maker, said profit rose 12%.
- Adidas' Q1 profit up 32% to euro169 million on TaylorMade; Reebok lagsGerman sportswear company Adidas AG said Tuesday the company's first quarter net profit jumped 32 percent as sales gained 3.1 percent.
- Bend it like HAINERHainer, 54-year-old CEO of Adidas booted the ball around for the local TSV team in his hometown.
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