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ADIDAS U.S. SALES
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...
Nike shares tumble 13% as CEO Hill’s turnaround plan faces geopolitical woesNike's months-long turnaround under CEO Elliott Hill faces fresh pressure as the Middle East conflict adds to the sportswear maker's strugg...
Adidas shares fall 10% as CEO flags heavy discounting in 'nervous' US marketAdidas CEO Bjorn Gulden stated US retailers are ordering less product upfront. This caution stems from uncertainty over President Donald Tr...
Adidas sees $140 million hit on operating profit from US tariffsAdidas anticipates a significant financial blow from U.S. import tariffs, projecting a 120 million euro impact on its 2025 operating profit...
Adidas warns of higher costs from US tariffs, confirms outlookAdidas confirmed its 2025 guidance but anticipates higher U.S. import tariffs will increase product costs. CEO Bjorn Gulden highlighted the...
Nike can’t ‘just do it’ with US tariffs on Vietnam, set to face big blow in its effort to revive brandNike faces potential U.S. tariffs on imports from Vietnam, where it produces 50% of its footwear and 28% of its apparel. Higher tariffs cou...
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...
Europe's STOXX 600 hits record highEuropean stocks extended their recent run of gains on Wednesday, with strong holiday-quarter performance from Adidas pushing German shares ...
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...
European shares fall as technology, sportswear makers slidePersonal and household goods sector lost 0.6%, as Adidas and Puma fell 6.1% and 4.4%, respectively, after U.S. peer Nike cut its annual sal...
Nike vs Adidas: Soccer World Cup sponsors gear up for England, Spain finaleSports sponsorship is a significant driver of sales for apparel manufacturers, hence England and Spain's success in the Women's World Cup f...
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...
European shares rise on smaller ECB rate hike, upbeat earningsThe ECB raised its benchmark rates by 25 basis points-the smallest increase in its rate-hike cycle that started last summer-lifting the ben...
U.S. retailer Foot Locker in talks with Metro Brands for India entry- ReportFoot Locker, which retails popular footwear brands including Adidas and Nike Inc, is in discussions with four Indian players to appoint a f...
Adidas likely to end partnership with Kanye West over 'offensive behaviour'The sporting goods brand may announce the move soon.
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...
- 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.