Adidas

Adidas set to announce highest profit in three years

Adidas could be set to announce its highest profit in three years amid success of its Samba and Gazelle trainers,…

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WIT Fitness to relaunch with founders amid Frasers partnership

WIT Fitness is set to relaunch with its original founders, having been acquired by Frasers Group in January 2024.Following the…

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Adidas raises profit guidance amid ‘strong’ Q1 results

Adidas has raised its profit guidance from €500m (£426.8m) to €700m (£597.6m) following a “better-than-expected” performance in the first quarter…

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Evolving brand and retailer partnerships in a mobile-first world

In today’s digitally-driven retail landscape where consumer expectations and behaviours constantly evolve, the onus is on brands to keep pace…

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Today’s news in brief-18/4/24

Shein is among several retailers expressing interest in acquiring Topshop from Asos, according to reports. Asos has received continuous interest…

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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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Today’s news in brief-14/3/24

John Lewis announced a pre-tax profit of £42m, a significant turnaround from the previous year’s loss of £78m. Despite this,…

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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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Footasylum chair and CEO Barry Bown to step down

Footasylum has announced that its executive chairman and CEO, Barry Bown, will be stepping down from his role to take…

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Under Armour appoints new managing director of EMEA

Under Armour has recently announced the appointment of Kevin Ross as its new senior vice president, managing director of Europe,…

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