Adidas
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Apr- 2024 -18 AprilClothing & Shoes
Adidas raises FY profit guidance amid strong Q1
Adidas has upped its profit guidance for the year after it revealed its Q1 profits increased to €336m (£287m), up…
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Mar- 2024 -14 MarchClothing & Shoes
Adidas reports first loss in 30 years after Kanye fallout
Adidas has posted its first loss in more than three decades following the financial blow from abandoning its deal with…
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Feb- 2024 -2 FebruaryClothing & Shoes
Adidas to sell remaining Yeezy stock
Adidas has reported an operating profit of €268m (£229m) in 2023, compared with its previous guidance of a €100m (£85m)…
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Dec- 2023 -18 DecemberNews
Adidas appoints new head of global HR
Adidas has appointed Michelle Robertson as executive board member, responsible for global human resources, people and culture, effective from 1…
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Oct- 2023 -19 OctoberNews
Adidas ups full-year guidance following Yeezy sale boost
Adidas has raised its full-year guidance following better than expected preliminary results for Q3 2023. The German sportswear retailer noted…
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Jul- 2023 -24 JulyClothing & Shoes
Adidas receives $565m in orders for first batch of unsold Yeezys
Adidas has sold around 4 million Yeezy shoes for $565m ( £440.7m) in an online sale after serving ties with…
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Mar- 2023 -9 MarchClothing & Shoes
Adidas profits fall 1% to £9.45bn amid Yeezy split
Adidas has reported that its FY gross profit declined 1% to £9.45bn, down from the £9.54bn it made in 2021,…
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Feb- 2023 -27 FebruaryClothing & Shoes
Adidas and West to sell leftover Yeezy stock in new agreement
Adidas has reached a new agreement with Kanye West that will ensure that the footwear brand sells the remaining $500m…
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Oct- 2022 -26 OctoberClothing & Shoes
Adidas and Gap end ties with Kanye West amid anti-semitic rant
Adidas has ended its working partnership with rapper Kanye West, saying it “does not tolerate antisemitism”, after West published offensive…
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Aug- 2021 -13 AugustSport & Leisure
Adidas sells Reebok to ABG for £1.75bn
Adidas has agreed a deal to sell Reebok for up to €2.1bn (£1.75bn) to American clothing brand Authentic Brands Group…
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